Luxury Headlines – 04/11/2024

Moncler Publishes Third Quarter Results
Moncler reported revenues of €1.9 billion for the first nine months of the year, translating into a 6% increase at constant exchange rates.
Chanel Wins Legal Battle Against Shoemaker Jonak
A Paris court has ruled in favor of Chanel in a lawsuit against French shoemaker Jonak for design infringement.
Puig Reports Strong Third Quarter Results
Puig has reported very robust results for Q3 2024, with an 11% increase in revenue, reaching €1.26 billion, and accelerating growth in Q3 compared to the prior quarter.
Estée Lauder Names Stéphane de La Faverie as New CEO
Stéphane de La Faverie, a longtime executive at Estée Lauder with ties to the founding family, has been appointed as the new CEO.
Aston Martin Lagonda Global Holdings Reveals Third Quarter Results
For Q3 2024, Aston Martin reported an 8% increase in revenue to £391.6 million.
Jacquemus Eyes Minority Investor to Fuel Growth and Expansion
French luxury fashion house Jacquemus is seeking a minority investor to fuel its expansion into beauty and support its retail presence growth.
Porsche Unveils Limited Edition Espresso Machine with La Marzocco
Luxury automotive brand Porsche and Italian espresso machine manufacturer La Marzocco have unveiled a limited edition espresso machine inspired by the iconic Porsche 911 ​Carrera RSR.
Schiaparelli Opens First Physical Pop-Up in Shanghai
French luxury fashion house Schiaparelli has made a debut in Asia with a temporary pop-up store, "Through the Keyhole," in Shanghai's Plaza 66 mall.

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