Following its announcement of record annual sales, the international fragrance company has reported a 12% increase in full-year earnings but reduced its 2020 outlook due to the ongoing coronavirus outbreak.
The fragrance company has announced record annual sales of $713.5 million for fiscal 2019, reporting particularly solid progress in its U.S.-based operations, where Guess, Abercrombie & Fitch and Hollister led gains.
This has been Bottega Veneta’s year, while Alexander McQueen’s sneakers have enjoyed surging popularity, the former Meghan Markle has been the top influencer and sustainability has been the hottest topic.
The international fragrance group published its third-quarter sales results on Monday, revealing a 7.9% increase in net revenue as sales from its U.S.-based operations continue to experience accelerated growth.
The chain store is celebrating 20 years of high-end designer collaborations next month, by rifling through its archives to curate a limited-edition selection of 300 products that will be re-released to shoppers.
'The World of Anna Sui' will feature garments, sketches, mood boards, videos of runway presentations and cultural ephemera meant to capture the designer's creative process, influences and aesthetic sensibility.