Luxury Headlines – 27/10/2025.
Luxury Headlines – 27/10/2025.
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L’Oréal Reports Solid Growth in First Three Quarters
L'Oréal reported sustained growth in the first 9 months, with €32.80 billion in sales, a +3.4% increase Year over Year. Growth was broad-based across all divisions and geographic zones, supported by new product launches in Q3 and driven by the Beauty Stimulus Plan. The Professional Products division led performance with a +7.4% rise, followed by Dermatological Beauty (+3.7%), Consumer Products (+3.1%), and L'Oréal Luxe (+2.2%). Geographically, the Africa and Middle East zone led regional performance, posting an +11.0% increase, followed by Latin America at +8.2% and Europe at +3.6%. Growth was less pronounced in North America (+1.8%) and North Asia (+0.5%). L'Oréal acquired flagship perfume brand Creed from Kering and secured Kering brand licenses under a long-term strategic agreement, while consolidating Color Wow and Medik8.
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Hermès Posts Solid 9 Months Growth
Hermès reported revenues of €11.9 billion, equivalent to a +9% increase Year over Year for the first 9 months. The group reported Q3 2025 sales of €3.9 billion, representing an increase of +5%, and an acceleration from the prior quarter, primarily driven by robust results in Europe, the Americas, and Asia. The Other geographic areas led with a +15% increase, driven by the Middle East region, followed closely by the Americas (+13%) and Europe excluding France (+12%). France grew +9%, and Asia excluding Japan was up +4%. By segment, Leather Goods and Saddlery delivered a remarkable +13% increase, supported by strong demand and production capacity expansion, followed by the Other Hermès sectors (+11%), Ready-to-wear and Accessories (+6%), and Silk and Textiles (+4%). Perfume and Beauty (-5%) and Watches (-3%) declined due to a challenging luxury market.
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Prada Group Delivers Strong 9 Months Results
Prada Group posted €4,070 million in net revenues for the first 9 months, a +6% increase year-over-year. Retail sales grew by +6% while wholesale revenues grew by +3%. The Prada brand revenues dropped slightly, with a decrease of -1.6% and –0.8% in the first 9 months and Q3, respectively. However, Miu Miu remained on a robust growth trajectory, posting a +41% sales increase year-to-date and +29% in Q3, fueled by strategic brand development and expansion of the beauty segment. Geographically, performance was led by the Middle East (+21%) and the Americas (+15%). Asia Pacific (+10%) and Europe (+6%) posted solid growth, while Japan grew by +3%.
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LVMH Considers Sale of 50% Fenty Beauty Stake
Luxury conglomerate LVMH is reportedly exploring the sale of a 50% stake in Fenty Beauty, co-owned with Rihanna. The makeup brand, launched in 2017, generated approximately $450 million in sales in 2024 and could command a valuation between $1 billion and $2 billion. LVMH is currently working with investment bank Evercore on the confidential sale process.
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Kim Jones Directs Bosideng New Luxury Urban Line
Chinese retailer Bosideng appointed designer Kim Jones as creative director for its new high-end urban wear line, Areal. Jones, previously known for his work at Louis Vuitton, Dior, and Fendi, will blend Bosideng's technical outerwear heritage with a city-centric aesthetic. This strategic appointment supports the $3 billion company's ambition to position itself as a global brand.
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Hermès Names Grace Wales Bonner as Men's Creative Director
Grace Wales Bonner has been appointed as the new creative director of menswear at Hermès, succeeding Véronique Nichanian's 37-year tenure. The designer, who founded her own label and won the LVMH Prize, will present her debut collection in January 2027. This prestigious role leverages her established aesthetic to integrate contemporary craft and culture with Hermès's heritage. Bonner will maintain her ongoing collaboration with Adidas.
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Moncler Inaugurates New Milan Headquarters
Moncler opened a new 6-floor headquarters in the Symbiosis District, Milan, designed by ACPV Architects. The office will centralize 700 staff members to enhance collaboration across all functions, from design to commercial. The building features a 48,400 sq ft showroom, a green area, and extensive employee amenities, including a gym, shuttle service, and charging stations. The structure meets high environmental standards, utilizing a bioclimatic greenhouse and chimney for natural climate regulation and thermal comfort.
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IHG Launches Standalone Branded Residences Project in Bangkok
IHG Hotels & Resorts is entering the branded residences market with the launch of InterContinental Residences Bangkok Asoke. Developed with CG Capital, the property will offer 88 luxury units in Bangkok's Central Business District, scheduled for completion in 2029. This project joins IHG's existing regional residences and contributes to its 30+ global residential developments.
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Amouage Opens 2nd U.S. Boutique Amid Global Expansion
Oman-based fragrance house Amouage inaugurated its 21st global boutique, "Brickfield," in New York's SoHo. This location marks its 2nd U.S. store, as the U.S. is a top five market for the brand, having delivered in excess of 50% growth, year-to-date. Amouage plans to open 15 additional boutiques globally within 6 months, including 5 more in the U.S., as it aims to double its 2023 revenue by the end of 2025.
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