Today 4

Daily Analysis — 2025-07-13

LVMHBrunello CucinelliPradaMulberry
Travel retailLuxury fashionArtisanal manufacturing
AustraliaNew ZealandItalyIndiaUK
In a strategic shake-up, LVMH’s DFS will retreat from Australia and New Zealand by 2025, trimming its global footprint amid soft travel-retail demand. Italy’s Brunello Cucinelli meanwhile outpaced forecasts with a 10.7% H1 revenue boost, driven by double-digit growth across Asia and the Americas. Off the runway, Prada is courting Kolhapuri artisans in India to mend its sandal blunder and sharpen its artisanal credentials, and Mulberry has raised £20m in convertible debt to buoy its balance sheet through a sales downturn.

Key News for Today

LVMH’s DFS to exit Australia and New Zealand by September 2025, closing all T Galleria stores

Why it matters: The retreat highlights a strategic shift to optimize global operations amid challenging economic conditions.
Impact: The exit will reduce LVMH’s regional footprint and may pressure local travel-retail revenues.
What to follow: Monitor DFS’s broader global store review and any new market re-entries or partnerships.

Brunello Cucinelli posts 10.7% H1 revenue growth, beating forecasts

Why it matters: Strong performance underscores resilience of high-end luxury in a slowing market.
Impact: Beating analysts’ estimates bolsters confidence in the group’s premium positioning and guidance.
What to follow: Track full-year sales growth and regional breakdowns, especially in China and the Americas.

Prada explores partnership with Indian Kolhapuri artisans after sandal controversy

Why it matters: Engaging local craftsmen aims to address cultural sensitivities and enhance brand authenticity.
Impact: Successful collaboration could repair reputation and diversify Prada’s artisanal product offerings.
What to follow: Watch for formal agreements and the first joint product launches from the partnership.

Mulberry raises £20m convertible debt from top investors amid revenue decline

Why it matters: The funding secures liquidity to support operations against persistent economic headwinds.
Impact: While shoring up the balance sheet, the move underscores ongoing sales pressures.
What to follow: Observe the outcome of the additional £1.2m share offering and subsequent revenue trends.

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