Miles Socha's profile photo

Miles Socha

France, Paris

Editor, International at Women's Wear Daily (WWD)

Executive Editor @WWD

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Articles

  • Kering Shares Fall 6% After Weak Q1 Results

    13 hours ago | wwd.com | Miles Socha

    Shares in Kering slumped as much as 6 percent in early trading Thursday on the Paris bourse as investors digested its 14 percent decline in first-quarter revenues, and a 25 percent drop at its star brand Gucci. The numbers came in about 3 percent below consensus expectations, and represent a deceleration from the fourth quarter of 2024, when Kering sales fell 12 percent.

  • Louis Vuitton Has Bumped Up Handbag Prices in the U.S.

    13 hours ago | wwd.com | Miles Socha

    In the wake of the Trump administration's tariffs, Louis Vuitton handbags just became more expensive in the U.S.Luxury analysts at Bernstein and Barclays flagged that the French luxury brand has bumped up prices by roughly 4 percent on us.louisvuitton.com.

  • Kering Shares Fall 6% After Weak Q1 Results

    14 hours ago | yahoo.com | Miles Socha

    Shares in Kering slumped as much as 6 percent in early trading Thursday on the Paris bourse as investors digested its 14 percent decline in first-quarter revenues, and a 25 percent drop at its star brand Gucci. The numbers came in about 3 percent below consensus expectations, and represent a deceleration from the fourth quarter of 2024, when Kering sales fell 12 percent.

  • Louis Vuitton Has Bumped Up Handbag Prices in the U.S.

    14 hours ago | yahoo.com | Miles Socha

    Amid the upheaval of Trump administration’s tariffs, Louis Vuitton handbags just became more expensive in the U.S.Luxury analysts at Bernstein and Barclays flagged that the French luxury brand has bumped up prices by roughly 4 percent on us.louisvuitton.com.

  • Kering Revenues Fell 14% in Q1 as Gucci Woes Continue

    1 day ago | sourcingjournal.com | Miles Socha

    Kering reported revenues fell 14 percent to 3.88 billion euros in the first quarter of 2025, dragged down by low store traffic and weak wholesale numbers at Gucci, where sales dropped 25 percent on a comparable basis. Barclays had forecast organic group sales to slump 12 percent, which would have been on par with Kering’s performance in the fourth quarter of 2024.

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