From Yahoo Finance: 2025-04-18 06:07:00

Italian fashion house Valentino saw a 22% drop in operating profit last year due to global luxury sector slowdown, particularly in Asia. Revenue fell 2% to 1.31 billion euros, with good sales in Japan, the Middle East, and the Americas. Online sales rose 5%. Alessandro Michele joined as Creative Director in 2024. Gucci owner Kering holds a 30% stake in Valentino.



Read more at Yahoo Finance: Italian fashion house Valentino suffers 22% profit drop in 2024