financial results news and archive

Richemont: half-year net profit climbs to 2.5 billion euros

Zurich - Swiss group Richemont, owner of jewellery house Cartier, reported a 39 percent increase in net profit to 2.5 billion euros (2.76 billion dollars) on Friday for its staggered first half. For the period from April to September, the Geneva-based group generated revenue of nearly 12.3 billion euros, up 16 percent. According to a press...

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Spain's Gods focuses on international growth across UK, France, Italy, Netherlands and US

Madrid – Barcelona-based streetwear brand Gods, which is gaining significant traction among younger consumers in Spain, is embarking on an international expansion. The company aims to transcend fleeting trends and domestic borders to establish itself as a solid global project. A decisive turning point will be the opening of its first...

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Ebay revenue reaches 3.20 billion dollars on circular fashion momentum

US-based e-commerce marketplace Ebay reported its financial results for the third quarter ended September 30, 2026, delivering a 14 percent revenue increase to 3.20 billion dollars. Revenue rose 13 percent on a foreign exchange (FX) neutral basis, supported by continued consumer migration towards pre-loved fashion and recommerce. Gross...

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Hermès posts 5.5 percent Q3 sales growth driven by Europe and Americas

French luxury group Hermès reported a 5.5 percent increase in third-quarter revenue on Thursday, supported by Europe, the Americas and Japan. The company also confirmed its full-year forecast “despite the deteriorating macroeconomic and geopolitical environment”. Known for its silk scarves and leather handbags, the brand saw sales reach...

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Make-up boosts Puig in third quarter while skincare declines

Puig has closed the third quarter of 2026 with its highest reported growth rate since early 2025, driven by a make-up category gaining weight within the group and held back by a skincare segment recording its second consecutive negative quarter. This follows from the sales update published on Wednesday by the company and explanations provided by...

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Aritzia sees significant profitability expansion in Q2 Fiscal 2027

Canadian apparel brand Aritzia Inc. (Aritzia) reported strong financial results for the second quarter of fiscal 2027 ended August 30, 2026, driven by broad-based demand across retail and digital channels. Net revenue reached 1.17 billion Canadian dollars (0.823 billion dollars), an increase of 44.1 percent compared to 812.10 million Canadian...

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Levi Strauss reports Q3 net revenue growth of 4 percent, raises outlook

US fashion group Levi Strauss & Co. (Levi Strauss) has reported net revenues of 1.6 billion dollars for the third quarter ended August 30, 2026, representing an increase of 4 percent on a reported basis and 5 percent on an organic basis compared to the same period in 2025. Driven by strong growth across international operations and wholesale...

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Sweaty Betty reports 4.5 percent revenue growth while restructuring impacts profitability

UK activewear brand Sweaty Betty has published its financial statements for the 53-week period ended January 3, 2026, reporting revenue growth alongside reduced operating profits following a year of structural transformation. Turnover for the period rose 4.5 percent to 146.72 million pounds (194.40 million dollars), up from 140.42 million pounds...

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Tendam on a roll: double-digit growth in sales and profits in the 'best first half in its history'

Madrid – Building on our latest analysis of the Spanish fashion multinational, Tendam reported its results for the first half of its 2026 financial year on Monday. The company appears to be moving away from its aggressive commercial policy based on a discounted pricing model. The six-month period, from March 1 to August 31, saw the owner of...

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Bimba y Lola maintains its growth pace, boosted by its international business

Madrid – Spanish fashion and accessories firm Bimba y Lola has once again demonstrated its solid business model. The company has successfully navigated a challenging first half of 2026, as reflected in the key financial figures released for the first half of its new fiscal year. According to information provided this week by Bimba y Lola's...

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Designer Brands achieves profitability improvement in second quarter

Footwear and accessories group Designer Brands announced financial results for the second quarter ended August 1, 2026, recording an increase in net income to 17.6 million dollars, or diluted earnings per share (EPS) of 0.31 dollars, compared to the same period last year. Adjusted net income reached 19.2 million dollars, delivering an adjusted...

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ABF Q4 trading update: Primark demerger progress and financial outlook

UK-based conglomerate Associated British Foods (ABF) has issued a trading update for the fourth quarter of fiscal year 2026 ended September 12, 2026, revealing that group adjusted operating profit is expected to align with previous expectations, while adjusted earnings per share will exceed prior forecasts. Work on the planned demerger of ABF's...