Moncler shares opened lower on Wednesday, even after the Italian luxury outerwear maker posted revenue growth above expectations, helped by a strong performance in Asia. Source link
There is change at the top at Pitti Immagine. General manager Ivano Cauli has been appointed CEO, while Raffaello Napoleone becomes executive director for international and institutional relations. Source link
Supermarket chain Carrefour reported weaker-than-expected first-quarter sales on Wednesday as its business in Brazil declined and France, its biggest market, grew less than expected. Source link
EssilorLuxottica SA delivered its third straight quarter of double-digit growth, reporting an 11% jump in constant-currency sales driven by its AI-glasses partnership with Meta Platforms Inc. Source link
L’Oréal SA sales climbed as customers snapped up its Kerastase shampoos and La Roche-Posay skin creams, suggesting a rebound is taking hold at the world’s largest beauty group. Source link