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Global luxury brands see financial gains in FY24

02 Jun '24
4 min read
Global luxury brands see financial gains in FY24
Pic: ifeelstock - stock.adobe.com

Insights

  • In FY24, 2 luxury fashion companies reported positive financial results.
  • Canada Goose saw a 22 per cent increase in Q4 revenue to $261.26 million and a full-year revenue increase of 10 per cent, though its operating profit declined.
  • Ralph Lauren Corporation achieved a 3 per cent revenue increase to $6.6 billion, with net income rising to $646 million.
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