LVMH-owned Spanish luxury house Loewe recorded 885.2 million euros ($950 million) in revenue for 2024, a 9.2% increase from the previous year. However, net profit declined 24% to 157 million euros ($168 million), primarily due to increased operating costs. EMEA led performance at 246.8 million euros (up 18.7%), while Japan and the U.S. grew 27.6% and 31.2% respectively. The rest of Asia saw a 13.8% decline to 193 million euros ($207 million). The Madrid-based brand underwent a creative transition in March 2025, with Jack McCollough and Lázaro Hernández taking over from Jonathan Anderson, who departed after a decade.