Hermès hit by disappointing Chinese sales
In the first half of 2026, Hermès reported a net profit of €2.238 billion, roughly in line with the previous year.
Coats footwear division set for growth after strong Q2
Coats Group said its footwear division was positioned for accelerated growth after a stronger second quarter and continued market share gains, despite a mid-single-digit decline in the global footwear market.
Deckers beats on HOKA growth, but shares drop 6%
HOKA revenue grew 7.7% and EPS topped estimates, but investors focused on tariff and margin warnings for the rest of the year.
Debenhams expects to significantly reduce its debt in the current fiscal year
Debenhams Group, the British fast fashion retailer which was previously referred to as Boohoo, said that it traded positively in June and July and that it expects to significantly reduce its debt by the end of its fiscal year in February 2027.
H&M Q2 sales flat in local currencies
H&M Hennes & Mauritz’s net sales in the second quarter ended May 31 fell to SEK 54.828 billion (€4.954bn) from SEK 56.714 billion a year earlier but were flat in local currencies, with 3 percent fewer stores at the end of the period compared with the prior year.
Designer Brands swings to profit in Q1, sees full year earnings at high end of guidance
Designer Brands swung to a profit in its first quarter ended May 2, as it highlighted a boost to earnings margins from structural improvements made across inventory management, pricing discipline, sourcing and channel profitability.
Caleres beats Q1 earnings guidance as Brand Portfolio outperforms
Caleres generated sales at the top end of guidance and better-than-expected earnings in the first quarter of its fiscal year, as strength in its Brand Portfolio segment more than offset a weaker showing for its Famous Footwear banner.
Debenhams returns to growth and lifts gross margin
Debenhams Group, the British fast fashion retailer which previously traded under the Boohoo name, returned to slight sales growth in the first quarter and enjoyed a “substantial” increase in adjusted Ebitda as its turnaround strategy starts to bear fruit. The company also reaffirmed its full-year guidance.
Inditex posts strong sales in Q1
Inditex, the Spanish fashion retailer which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the first quarter ended April 30, sales grew by a reported 5.8 percent to €8.7 billion and were 8.8 percent higher at constant currencies.
Jimmy Choo plans to return to profitability this year
Despite higher losses in the fiscal year ended March 28, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, is expected to return to profitability in the current financial year as sales pick up.