Higher Results for Luxury Companies

On the 27th of October, Vogue Business organised a live stream all about the stronger-than expected results this quarter for luxury companies. It’s fine if you missed it, because in this blog you will read all about it!

The live stream

For some more information about the live stream itself, it was an episode from the Vogue Business series on LinkedIn called Luxury Lowdown: a series where experts provide update or analysis on the state of the luxury sector. Things like quarterly results, market pressures, consumer behaviour and trends are mentioned in these episodes. Of course, luxury fashion brands are also mentioned a lot in these episodes, which was the case in this live stream.

Photo: linkedin.com

 Gucci’s stark improvement

A great example of these strong new results is Gucci. There was a significant improvement seen in the third quarter of 2025 compared to the first half of the year. Kering, the French global luxury group that owns Gucci and other luxury brands, expected a loss of 8,8 percent but it turned out to only be 5 percent. This development caused their revenue to be up 11 percent compared to the first half of the year. Considering that Gucci is their biggest brand, it was a huge weight of their shoulders. Regardless of this lifted weight, Kering CEO Luca de Meo, says they’re still working relentlessly to further improve their results.

Photo: attitudemagazine.com

Prada’s consistent success

Prada, known for their bags and other luxury items, has seen a consistent growth of 9 percent in the first nine months of 2025. In the third quarter of the year, they saw their sales rise with an 8 percent growth. Prada Group is proud of their consistent positive results. Executive producer, Patrizio Bertelli, saying: “The consistency of our results confirms the strength of our brands and the validity of our strategy.”

Another brand that has seen great growth and falls under Prada Group, is Miu Miu. With a 21 percent sales growth in the third quarter of the year, it brings their overall sales of the year to an increase of 41 percent!

Photo: pinterest.com

More success for Hermès

With a touch above the expectations of 9,4 percent, Hermès reported a sales rise of 9,6 percent in the third quarter of the year. Most famous for their iconic Birkin bag, the brand saw a slight improvement compared to their 9 percent rise in the second quarter of the year. Executive chair of Hermès, Alex Dumas, says the improvement comes mostly because of their solid business model, commitment of employees and loyalty of costumers.

Photo: pinterest.com

Other brands like LVHM, L’oreal, Ferragamo, Versace and more have also seen a stronger than expected result in these past three months. So overall, results of the sales of multiple luxury brands have seen great success, considering the low expectation.

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Lots of love, 

Leah

Sources: 
Vogue.com
LinkedIn.com
Gucci.com
Pradagroup.com