Translated by Nazia BIBI KEENOO Published May 8, 2025 Adolfo Domínguez, a Spanish fashion brand known for its minimalist aesthetic and the slogan “Wrinkles are beautiful,” closed fiscal 2024 on a positive note. The company increased its sales by 7.8% to reach €136.5 million, while net profit rose 24.4% year-over-year to €0.9 million. This marks…
Mothercare issued a fairly downbeat full-year update on Thursday with the parent-and child retailer saying the 52 weeks to 29 March saw falling sales. Mothercare UK The comparison period was a 53-week one with unaudited worldwide retail sales by franchise partners of £231 million for the latest year, a decline of 18%. In constant currency…
Fashion group Hugo Boss announced better-than-expected Q1 revenue on Tuesday, despite the quarter being slightly down on the same period a year ago. It also confirmed its full-year guidance. Boss First-quarter revenue dipped to €999 million at the German company, a little below the €1.01 billion of a year earlier, but beating analysts’ forecast of…
By Reuters Published May 3, 2025 Britain’s Marks & Spencer entered a second week unable to take online clothing and home orders on Friday following a major cyberattack, hitting sales of new season ranges as the country basks in record temperatures. Reuters Some 700 million pounds ($930 million) has been wiped off the stock market…
By Bloomberg Published May 1, 2025 Estée Lauder Companies Inc. expects to return to sales growth in 2026, even as it faces a sharper revenue decline than anticipated this year. The beauty group behind brands such as The Ordinary and Clinique forecasts an 8% to 9% drop in annual sales, deeper than Wall Street projections….
Lanvin Group’s full-year results came out on Wednesday following the earlier release of its revenue figures and the company said its profits dropped on the back of its overall sales fall. Lanvin Total company revenue (reported back in February) had dropped by 23% to €328.6 million. Lanvin revenue was down 26% at €82.7 million with…
Lindex Group said Tuesday that its first quarter was impacted by “weakened consumer confidence and logistical challenges”, although the Stockmann division’s adjusted operating result improved. Lindex The Finnish company owns the international Lindex brand and the Finland/Baltics-focused Stockmann department stores chain. The first three months of 2025 saw revenue falling to €186 million from €192.8…
UK retail sales volumes are estimated to have risen by 0.4% month on month in March 2025, the third consecutive month of rises and something of a surprise after analysts had predicted that they would dip. Reiss This follows a rise of 0.7% in February (revised down from a rise of 1% in the last…
Ermenegildo Zegna Group announced on Thursday steady revenues for the first quarter, as strong direct-to-consumer sales offset a slump in wholesale revenues. See catwalkZegna – Fall-Winter2025 – 2026 – Menswear – Italie – Milan – ©Launchmetrics/spotlight The Italian group saide total revenues fell 0.9% to €458.8 million for the first quarter ending March 31. By brand,…
Closely-watched ASOS has released its results for the half-year to 2 March and said that its “new commercial model” is driving a “profitability transformation”. ASOS That statement refers to its positive adjusted EBITDA, which was up around £60 million year-on-year (YoY) in H1, driven not just by the new commercial model but also by “sustained…
