German sportswear giant Puma reported a difficult end to 2025, posting revenue of €7.3 billion—down more than 13% year on year—while operating profit swung sharply to a €357 million loss from a €549 million profit in 2024. Over two years, the company has shed €1.3 billion in revenue, reflecting Continue Reading
Luxury goods companies are facing mounting pressure on profitability, with a new study by Inverto, part of Boston Consulting Group, revealing a sharp decline in margins. Across 20 leading global luxury groups, average profit margins have dropped from 24% in 2022 to 13% currently. The steepest fall occurred between 2022 and 2023, when margins slid […]Continue Reading











