22/05/2025
outperformed forecasts in its fiscal fourth quarter, with revenue rising 8.3% and net profit up 42%. Despite this momentum, the American luxury group expects growth to decelerate to low single digits in the coming year, citing weakening consumer sentiment across key markets including the US, UK, and China.
CEO Patrice Louvet pointed to potential tariff impacts and persistent inflationary pressures, while emphasizing the brand’s resilience and loyal customer base as pillars for stability in a more cautious economic climate.
