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Tag: Luxury
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Richemont reported a 11% year-on-year sales rise at constant rate to €6.4 billion for Q3 FY26, surpassing consensus estimates. The group’s critical Greater China market saw sales increase by 2%, marking a second consecutive quarter of recovery. This stabilisation is a pivotal signal for the wider luxury sector.
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Unilever has reinforced its strategic focus on India with follow-on investments in two pioneering beauty brands. The venture capital arm of group has participated in a new funding round for Secret Alchemist, a clean fragrance label it first backed in 2025. Concurrently, it has joined a Series A round for the science-led skincare brand SkinInspired,…