The ‘Accessible Luxury’ Gap Is Winning While Mega-Luxury Stumbles
Ralph Lauren reported Q4 revenue of $2 billion, up 12% YoY. EPS of $2.80 beat forecasts by 12.9%. Full-year revenue crossed $8 billion for the first time. Stock surged 11.58% in pre-market trading. Meanwhile, LVMH's fashion & leather division, its largest, declined 9% reported in Q1 2026. Kering's Gucci fell 14.3% in the same quarter.
