Spanish fashion house Loewe, part of the LVMH group, is experiencing significant growth, recently topping the Lyst Index as the world’s most sought-after fashion brand. According to Europa Press, Loewe’s total sales for the 2023 financial year increased by nearly 30% YoY to 810.8 million euros ($872 million), with trading revenue rising 27.5% to 789.3 million euros ($851 million). Despite higher operating expenses, the brand’s operating profit surged 77% to 247.5 million euros ($266 million), while net profit reached 207.3 million euros ($222 million), up 62.5% YoY.