By Reuters Published August 1, 2025 Amazon shares fell more than 7% on Friday in European trading after the company posted second-quarter results that exceeded analysts’ revenue expectations but disappointed investors with slower growth in its cloud division, Amazon Web Services (AWS), and a cautious profit outlook. Profit outlook dims Amazon rally after Q2 beat…
Translated by Nazia BIBI KEENOO Published July 30, 2025 Italian footwear and lifestyle brand Geox began 2025 on a softer note, reporting first-half revenues of €305.3 million ($351.1 million), a 4.7% decline compared to the same period last year. Excluding the impact of store closures in the United States and China, the drop narrowed to…
Translated by Nazia BIBI KEENOO Published July 28, 2025 Lectra, the French technology firm serving the fashion, automotive, and furniture industries, held steady in the first half of 2025, showing resilience amid mounting global economic headwinds. Led by CEO Daniel Harari, the company reported stable revenue, although profitability declined as clients hesitated to make investment…
Translated by Nicola Mira Published July 1, 2025 Mia Burton, an international e-tailer specialised in high-end sunglasses and eyeglasses founded in 2022, has announced it has merged by incorporation with Lipari, an eyewear and optical products retailer set up in Palermo, Sicily, over 50 years ago, which recently opened a new store in Milan. The…
Translated by Nicola Mira Published June 27, 2025 2024 was a positive year for Italian childrenswear specialist Catapano Group, based in Nola, near Naples, owner of Fun&Fun and HLove and licensee of Seville and Marc Ellis, for which it also produces womenswear. Catapano Group regularly exhibits at Pitti Bimbo, where founder and owner Giovanni Catapano told…
Translated by Nicola Mira Published June 18, 2025 Nice Brand Lab, a division of Italian producer Nice Footwear, set up in July 2024 to manufacture and distribute sneakers and leisure footwear for proprietary and licensed brands, has ambitious plans for ellesse, a long-standing Italian sportswear brand owned by British company Pentland. ellesse’s stand at the…
Boots owner Walgreens Boots Alliance (WBA) files results every quarter but doesn’t always give a huge amount of detail about the UK Boots chain. So it was useful to see Boots UK’s latest set of accounts filed at Companies House, showing just how strong its recovery has been at least in terms of revenue. Boots…
Translated by Nazia BIBI KEENOO Published May 29, 2025 Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723…
Translated by Nazia BIBI KEENOO Published May 22, 2025 Outdoor lifestyle group Amer Sports maintained positive momentum from January to March in the first quarter of 2025, with revenue reaching $1.473 billion (1.3 billion euros), up 23% year-over-year (+26% at constant currency). The results were driven by a strong performance from its two flagship brands,…
By Adnkronos Translated by Nazia BIBI KEENOO Published May 14, 2025 Italian luxury brand Ferragamo reported €221 million in revenue for the first quarter of 2025, reflecting a decline of 1% at constant exchange rates and 2.6% at current exchange rates compared to €227 million in Q1 2024. See catwalkFerragamo – Fall-Winter 2025 – 2026…