financial results news and archive

Ecoalf achieves first annual profit as 2025 revenue reaches 64.8 million euros

Spanish fashion and lifestyle brand Ecoalf, a pioneer in promoting circularity and the use of more sustainable materials and processes within the fashion industry, has reported its results for its latest fiscal year. The company, founded by Javier Goyeneche, completed the 2025 financial year with a positive net profit for the first time....

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Tendam accelerates its strategic plan: more stores, more brands, and a larger international footprint

Madrid – Alongside the presentation of its 2025 financial results, for the fiscal year running from March 1, 2025, to February 28, 2026, Tendam's chairman and chief executive officer, Jaume Miquel, has outlined the key points of the company's new Strategic Plan. He also detailed the terms and objectives for its execution. The company is...

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Tendam profits soar by 26 percent, announces 100 openings for 2026

Madrid – Spanish fashion multinational Tendam, the parent company of chains such as Cortefiel, Women'secret and Springfield, reported its results for its latest 2025 fiscal year this Tuesday morning. The period ended on February 28, with the group achieving further growth in revenue and profits. These results will serve as a foundation to...

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El Corte Inglés boosts profits by +22.6 percent to 628 million euros in 2025

Madrid – Spanish department store group El Corte Inglés reported the results for its last fiscal year 2025 on Monday morning. For the period ending February 28, 2026, the company increased its revenues and profits while continuing to reduce its debt. According to information provided by the Spanish company's management, El Corte Inglés (ECI)...

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Alibaba: AI bet erodes profits

Beijing - Chinese e-commerce giant Alibaba Group Holding Limited (Alibaba) announced on Wednesday an 18 percent drop in its annual net profit. The results were weighed down by a price war in China and ambitious investments in artificial intelligence (AI). The Hangzhou-based group (eastern China) operates some of China's largest online shopping...

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Spanish menswear brand Williot grows by +25 per cent

The Spanish menswear brand Williot has closed the 2025 financial year with a turnover exceeding 2.5 million euros, representing a growth of +25 percent compared to the previous year. This progress confirms the consistency of a business model that has successfully scaled while maintaining its strategic focus on growth without sacrificing brand...

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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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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...

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Exchange rates drag on Puig's sales, as firm agreement with The Estée Lauder remains elusive

Madrid – Without having previously announced the exact timing for the release of its new fiscal year results, Puig finally reported its performance for the first quarter of 2026 on Tuesday, after the markets closed. For the three-month period ending March 31, the company's results were significantly impacted by exchange rates. According to...

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Les Deux: 14 years of uninterrupted growth despite a strained wholesale market

Danish brand Les Deux has confirmed its resilience and agility. In 2025, the Copenhagen-based label recorded a 13 percent increase in turnover, marking its fourteenth consecutive year of growth amid a challenging global wholesale market. While the fashion sector is experiencing a significant slowdown, Les Deux is demonstrating robust health. For...

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Ski: Rossignol capitalises on strong winter to boost sales

Paris, France – April 22, 2026 (AFP) – Ski equipment manufacturer Rossignol has improved its sales for the 2025/2026 season, following two difficult winters. The brand announced on Wednesday that the increase was due to strong visitor numbers at ski resorts. For its financial year ending March 31, the French group achieved a turnover of 346...