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Will Alessandro Michele revive Valentino's dipping sales?

theindustry.fashion
submitted
a year ago
bycoffeeislifetofashion

Summary

The luxury house has today announced that its total revenues for 2023 totalled £1.16 million (€1.349 million), down by 5%. Direct sales, which include e-commerce, increased by 3% in 2023. The growth was mainly driven by positive performances in Asia Pacific and Japan.

The luxury house has today announced that its total revenues for 2023 totalled £1.16 million (€1.349 million), down by 5%. Direct sales, which include e-commerce, increased by 3% in 2023. In the meantime, Valentino wiped its fashion show schedule clean, confirming that it will no longer be present at Paris Men's Fashion Week and Haute Couture Week.

 maillot mailbag postbag maillot tank suit miniskirt mini-0
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1 Comments

6
iareunique
a year ago
Crazy to think about how much one person can affect a company