All Financial results articles – Page 3
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ArticleHermès misses sales expectations
Hermès’ first quarter sales fell a reported 1 percent to €4.1 billion, reflecting a €290 million adverse currency impact, but rose by 6 percent at constanst currencies with double-digit growth in the Americas, Japan, and Europe, excluding France. However, financial analysts were expecting currency-neutral growth above 7 percent. “In a ...
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LVMH posts weak sales in Q1 as Middle East conflict weighs
LVMH’s fashion and leather goods division posted revenues of €9.247 billion in the first quarter of 2026, down by a reported 9 percent year-over-year and down by 2 percent organically. Financial analysts were expecting sales of nearly €9.5 billion. The group said that the division’s top line was impacted by ...
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ArticleAmerican Exchange Group to buy Allbirds for $39m
American Exchange Group entered into an agreement to buy all of Allbirds’ intellectual property as well as certain other assets and liabilities for $39 million. The price tag is a far cry of the more than $4.0 billion market capitalization the California-based producer of Wool Runner merino shoes, and other ...
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Debenhams beats its guidance
Debenhams Group, the British fast fashion retailer which previously traded under the Boohoo name, said that it posted an adjusted Ebitda of £53 million (€61m) in the financial year to Feb. 28, 2026, beating its guidance of £50 million released in January. Full-year adjusted Ebitda rose by 36 percent year-on-year, ...
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ArticleDesigner Brands sees sales flatlining, profit margins increasing
Designer Brands expects sales in fiscal year 2026 to be unchanged at the midpoint of its guidance for the year, while it anticipates “meaningful” growth in operating income and earnings per share despite the volatile macroeconomic backdrop. The company, which owns the DSW chain, The Shoe Company and the Canadian ...
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ArticleShoe Carnival slows pace of Shoe Station conversions
Shoe Carnival announced it would be taking a more targeted approach to rebranding stores to its premium Shoe Station label, after some stores that got an upgrade failed to deliver the expected results. The US footwear retailer said it now intends to rebrand a further 21 Shoe Carnival stores to ...
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ArticleSpartoo's earnings improve on cost control
In 2025, Spartoo posted a 7.3 percent year-over-year decline in gross merchandise value (GMV) to €171.2 million as the business-to-consumer channel fell by 10.0 percent to €149.9 million. The turnover from third-party services advanced by 19.1 percent to €21.7 million, as the business gained 46 new clients during 2025 ...
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Next sees price hikes if Iran war drags on
Next warned that the US war on Iran could lead to higher prices as it flagged a £15 million (€17.33m) hit from the conflict, although the current-year guidance remained unchanged for the time being. Extra costs were expected to come from higher fuel and freight prices, Next said, as it ...
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Asos’ H1 GMV declines 9%
Asos reported that in the first half ended March 1, gross merchandise value (GMV) fell by 9 percent year-on-year, a 4 percentage point improvement on the first quarter and a 2 point increase compared with the second half. The UK, the group’s largest market, outperformed with a 5 percent year-on-year ...
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ArticleCaleres sees earnings boost, modest sales growth as completes Stuart Weitzman integration
Caleres said it expects to see a moderate increase in sales and a significant improvement in earnings in 2026 as it brings the recently acquired Stuart Weitzman brand to breakeven this year and tariff mitigation efforts take hold. In the fourth quarter ended Jan. 31, 2026, Caleres’ sales rose by ...
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ArticleAlpargatas’ Q4 sales rise 12% as international business gains momentum
Alpargatas reported net sales totaling 1,255.2 million Brazilian reais (€205.8m) in the fourth quarter of 2025, up by 11.8 percent versus the year earlier, as the company’s international business gained momentum while it also posted solid growth in its home business. Total sales for the Havaianas brand, which accounts for ...
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Zegna posts a 20% increase in earnings
The Italian fashion group Ermenegildo Zegna posted a net profit of €109.5 million in 2025, up by 20 percent compared to the year earlier thanks to foreign exchange gains and lower income taxes. The gross margin for the year rose by 0.90 percentage points to 67.5 percent but adjusted ...
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ArticleStella plans to have three more plants coming on line this year
Stella International Holdings expects three plants located in Indonesia, Bangladesh and Vietnam to come on stream in the second half of this year as it seeks to bolster annual production by about 20 million pairs of shoes in the coming years. In Bangladesh, the Hong Kong-based group is due to ...
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Sergio Rossi’s revenues decline by nearly a third
Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods firm Lanvin Group, finished 2025 with a 30 percent decline in revenue to €29.5 million. The group noted that Sergio Rossi continued its transition toward an asset-light operational model during the year, “including steps to enhance supply chain flexibility ...
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ArticleGrendene sales slip amid weak domestic demand, US tariff hit
Grendene’s gross revenues slipped by 12.1 percent to 915.7 million Brazilian reais (€152.5m) in the fourth quarter of 2025, as domestic sales declined by 13.1 percent to R$721.1 million (€120.1m) and international sales fell by 9.1 percent to R$194.6 million (€32.4m). The footwear company said that domestic demand was pressured ...
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ArticleZalando enjoyed efficiency and productivity gains thanks to AI in 2025
Zalando announced that it used AI to ”drive efficiency and productivity gains across its entire business” during 2025 and expects to achieve its target of €100 million in synergies from the acquisition of About You as soon as 2028, a full year earlier than planned. According to the German bank ...
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ArticleYue Yuen 2025: Manufacturing stable, retail weighing on earnings
The world’s largest contract footwear manufacturer posted a 1.8 percent sales decline to $8.03 billion in fiscal 2025. Weak China retail weighed on results.
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ArticleGeox expects sales to continue falling in 2026
After a more than 8 percent decline in 2025, Geox expects sales to continue falling this year, albeit at a slower rate. The Italian footwear group has maintained its expectations of an improvement in the operating margin thanks to cost efficiency measures, but is due to release new estimates in ...
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ArticleFerragamo narrows its net loss
Salvatore Ferragamo narrowed its net loss to €49.2 million in 2025 from €68.1 million the previous year as it trimmed its operating costs by 13 percent to €686.4 million. The Italian fashion group, which is in the throes of a restructuring, also reduced impairment charges by 45.3 percent to €45.7 ...
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ArticleInditex very satisfied with store and online sales
Inditex, the Spanish fashion retailer which owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the year that ended on Jan. 31, sales grew by 3.2 percent to €39.9 billion, showing ”very satisfactory development both in stores and online.” Online sales grew by 4.8 percent ...
