Phoebe Philo Signals Strong Momentum Ahead, Anticipates Revenue Tripling in 2025 [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
The London-based luxury fashion brand, which counts Philo, her husband Max Wigram and Delphine Arnault of LVMH Moët Hennessy Louis Vuitton as company directors, said the foundations laid between 2023 and 2024 are translating into accelerated growth, with 2025 turnover forecast at 32 million pounds, around three times 2024's levels, which aligns with its five-year growth plan. More from WWD SND Unveils Guangzhou Flagship With Phoebe Philo, Khaite, and Dries Van Noten Dongliang Unveils New Retail Space With Phoebe Philo, Chinese Tea House Jennifer Lawrence Brings Phoebe Philo Socks Pumps to the San Sebastian Film Festival Red Carpet For the year ended Dec. 31, 2024, Phoebe Philo Ltd.'s revenue already almost doubled year-over-year, growing from 5.7 million pounds in 2023 to 11.2 million pounds, despite a deepened annual loss of 24.4 million pounds in the period, compared with a 21.8 million pounds loss a year prior. The brand said the growth was driven primarily by direct-t
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