10 گھنٹے پہلے
Salvatore Ferragamo returns to profit in 1H 2026 with 1.5 million euros net income
Salvatore Ferragamo reported a net profit of 1.5 million euros for the first half of 2026, reversing an adjusted net loss of 16 million euros a year earlier. Adjusted operating profit rose to 20.9 million euros, compared with an adjusted operating loss of 2.9 million euros in the first half of 2025. First-half revenue slipped 1.3% to 467.8 million euros, while second-quarter revenue increased 2.4% year on year to 259 million euros, or 4.6% at constant exchange rates. The results point to a marked recovery in profitability despite a mixed demand backdrop across regions.
10 گھنٹے پہلے
7-31
Canada Goose trims Q1 operating loss to $103.8 million as revenue rises 10.3% for quarter ended June 28
Canada Goose reported first-quarter results for the period ended June 28, with total revenue rising 10.3% year over year to $118.9 million. Operating loss narrowed 34.6% to $103.8 million, while net loss was $90.8 million, or 93 cents a diluted share. Direct-to-consumer revenue increased 8.6% to $84.8 million, driven by stronger performance in Asia-Pacific and North America. The stock rose 0.8% to $9.32.
7-31
7-30
Brunello Cucinelli lifts 2026 outlook and targets about 10% revenue growth in 2027
Brunello Cucinelli raised its 2026 guidance and said it expects revenue to rise about 10% in 2027. First-half 2026 revenue reached 7.494 billion euros (+9.5%), while EBIT rose to 1.282 billion euros (+12.6%) and the EBIT margin improved to 17.1%. The Americas and Asia delivered growth of 13.6% and 10%, respectively, with Asia accounting for 28.7% of total sales. The results underscore the brand’s high-end positioning and growth visibility, directly benefiting its listed entity SUS.
7-30
7-29
Frasers Group discloses 4.2% economic interest in Burberry via options
UK retailer Frasers Group disclosed in a regulatory filing that it has built a 4.2% economic interest in Burberry through call options. Burberry reported first-quarter sales of £455 million, up 5% year on year, while comparable sales also rose 5% for a fourth straight quarter of growth. Frasers Group has recently been active in European luxury, having made a hostile approach for Hugo Boss and holding a 26% stake in another company alongside a full takeover offer.
7-29
7-28
Perfect Corp. posts Q2 2026 net income of $1.3 million as margins widen
Perfect Corp. said Q2 2026 net income rose to $1.3 million (+518% YoY) as gross margins improved and operating losses narrowed, despite flat revenue of $16.3 million. Operating loss fell and total operating expenses declined from a year earlier. The company also confirmed a definitive agreement to go private through an acquisition by ProjectNY, which is controlled by its CEO, with shareholders to receive $2 in cash per share.
7-28