Manolo Blahnik to Open Stores in Shanghai, Miami, Milan, Looks to Future Despite Luxury Slowdown

By Yahoo! Finance | Aug 9, 2024 at 03:21 AM EST

Manolo Blahnik experienced sales and profit decline in 2023 due to reduced luxury demand. Despite this, the company plans to expand into new markets like Shanghai, Miami, and Milan. CEO Kristina Blahnik remains optimistic for a rebound in consumer confidence by 2025.

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