Porsche sets an all-time record
Luxury Tribune
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In 2022, Porsche AG achieved its best result in the company's history, with #sales of 37.6 billion euros and a profit of 6.8 billion euros, an increase of 25% compared to 2021.
Prada Group’s 2022 earnings beat expectations
Sales of the Prada Group rose by 21% in 2022, with a turnover of 4.2 billion euros. Net #profit jumped 58%.
Four Seasons diversification: Super-yacht and luxury item rentals
The Four Seasons Hotels and Resorts group is diversifying by offering a new luxury superyacht #travel experience. In parallel, it is beginning partnerships with #luxury rental companies, such as Club Vivrelle, to offer an increasingly personalized #experience to guests.
Trussardi brand placed in safeguard procedure
The Italian brand TRUSSARDI has been placed in safeguard proceedings, following persistent financial difficulties. The company's debts to banks amount to more than 51 million euros. The Court of Milan will now appoint an expert to find a recovery solution.