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Recently acquired footwear retailer André prepares for "a future expansion phase"

Paris, France – Footwear retailer André, acquired in January, is preparing for a "future expansion phase", according to a court ruling seen by AFP. This decision comes despite a challenging consumer environment and the erosion of its workforce and store portfolio over the years. According to the takeover bid, André was placed into receivership...

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Columbia Sportswear surpasses first quarter expectations despite tariff headwinds

The US outdoor and lifestyle group Columbia Sportswear Company has reported financial results for the first quarter ended May 1, 2026, exceeding internal guidance for both net sales and profitability. The performance was supported by early wholesale shipments for the spring/summer 2026 season and robust demand across the US and Europe. Net sales...

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Adolfo Domínguez closes 2025 with an 80.58 percent profit increase

Madrid – Spanish fashion multinational Adolfo Domínguez has reported its results for the close of its 2025 fiscal year. The period, which ended on February 28, 2026, saw the company complete the year on a positive note for both sales and turnover. The company is currently celebrating its 50th anniversary. According to the data presented by the...

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BasicNet: turnover up 35 percent in first quarter

Consolidated turnover for BasicNet (K-Way, Woolrich, Superga) grew by 35.1 percent in the first quarter. Aggregate sales of products bearing the group's brands, developed worldwide by the network, amounted to 299.1 million euros. This compares to 268.8 million euros in the first three months of the previous financial year, an increase of 11.3...

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Gildan reports record revenue amid HanesBrands integration

Canadian apparel manufacturer Gildan Activewear Inc. has reported record net sales for the first quarter ended March 29, 2026. The results represent the first full fiscal period following the consolidation of HanesBrands into the group’s financial statements. Net sales from continuing operations reached 1.17 billion dollars, representing a 63.8...

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Lanvin Group reports 18 percent revenue decline for full-year 2025

Chinese luxury fashion firm Lanvin Group announced its financial results for the full-year 2025 (FY2025) on April 30, 2026, reporting revenue of 240 million euros. This represents an 18% decrease compared to the previous year, a period the company described as a challenging global luxury market environment. The performance reflected...

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Prada Group reports net revenues of 1.43 billion in the first quarter

Prada Group, which owns the brands Prada, Miu Miu, Church's, Car Shoe, Versace, Marchesi 1824, and Luna Rossa, has achieved positive results in the first quarter of 2026. Net revenues reached 1.43 billion euros, a 14 percent increase year-over-year (YoY) (+3 percent organic). Retail sales amounted to 1.25 billion euros, up 10 percent YoY (+1...

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Crocs raises full year outlook following better than expected Q1 results

US footwear group Crocs has upwardly revised its annual financial forecast after reporting a robust start to the 2026 fiscal year. The company delivered enterprise revenue of 921 million dollars for the first quarter ending March 31, 2026, supported by strong performance in direct-to-consumer (DTC) channels across its brand portfolio. Despite a...

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Zegna Group Q1: D2C channel and Zegna brand drive growth

The Ermenegildo Zegna Group closed the first quarter with revenues of 470.2 million euros (551 million dollars), up 2.5 percent year-over-year and 7.4 percent at constant exchange rates, driven by strong performances from the direct-to-consumer channel and the Zegna brand. Regarding individual channels, direct-to-consumer (D2C) grew by 7.8...

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John Lewis sued by Brent Cross landlords over click-and-collect service

The landlord of London shopping centre Brent Cross is suing John Lewis for a share of its click-and-collect sales, claiming that the department store should pay for online sales collected in-store. In a joint filing with the High Court, Hammerson and former landlord Standard Life Investments have requested clarification on whether sales made via...

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Showroomprivé in the red in 2025 as sales continue to decline

Paris - Showroomprivé (SRP Groupe) announced on Wednesday a net loss of approximately 31 million euros (36.20 million dollars) and a 13 percent drop in its turnover for 2025. Its sales continue to decline in early 2026. The flash sales player therefore remains in the red after a net loss of 133 million euros in 2024. In 2025, its turnover...

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Amazon exceeds expectations, boosted by AI and Anthropic

New York - Amazon reported better-than-expected results for the first quarter, driven primarily by its cloud computing subsidiary, Amazon Web Services (AWS). The division continues to benefit from the appetite for artificial intelligence (AI). The Seattle-based group also saw its profit soar following a revision of the book value of its stake in...