financial results news and archive

Hermès hit in first quarter by Middle East war and exchange rates

French luxury group Hermès reported on Wednesday that its first-quarter sales fell by 1.4 percent year-over-year to 4.1 billion euros (4.83 billion dollars). The results were impacted by exchange rates and the war in the Middle East. At constant exchange rates, the saddler and leather goods maker's revenue grew by 6 percent, with the adverse...

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Kering begins recovery: between stabilising results and “ReconKering”

The verdict came in this Tuesday for Kering. With revenue of 3,568 million euros in the first quarter of 2026, the luxury group finally stabilised its revenue on a comparable basis. Organic growth remains at a standstill. Yet this 0 percent stagnation on a comparable basis marks the end of a freefall period and validates the foundation on which...

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Vinted reaches 1.1 billion euros in revenue for 2025, accepting a strategic drop in profits

International resale platform Vinted has unveiled its annual results for the 2025 financial year. The group reported significant growth in its global business volume, reaching 10.8 billion euros (12.59 billion dollars), a 47 percent increase on the previous year. Revenue totalled 1.1 billion euros, marking a 38 percent year-over-year increase....

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Ba&sh surpasses 300 million euros: drivers of an accelerated recovery

After two challenging financial years, Ba&sh has returned to a tangible growth trajectory. The French premium ready-to-wear brand once again surpassed 300 million euros (348 million dollars) in turnover in 2025, with a 9 percent like-for-like increase, according to data released by the group. In France, growth reached 11 percent, confirming a...

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Inditex posts 6.22 billion euro profit in 2025 and 3.19 percent sales growth

Madrid – Inditex, the parent company of fashion chains including Zara, Bershka, and Massimo Dutti, released its consolidated results for the 2025 fiscal year earlier today. The period ran from February 1, 2025, to January 31, 2026. As expected, the company completed the year by registering new record highs in both sales and profits. Inditex net...

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Deichmann posts strong results in Spain, appoints new managing director for Iberia

Madrid - Essen-based footwear giant Deichmann has reported a standout 2025 performance in Spain, with local growth doubling the group’s global average despite broader market volatility. Highlights of 2025 performance Deichmann Group concluded the 2025 fiscal year with revenues of 8.9 billion (10.37 billion dollars), a 2.3 percent increase on the...

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Mango reports another historic year with record sales and 13 percent growth

Spanish fashion multinational Mango reported this morning the company's results at the close of its latest fiscal year, 2025. The period concluded with another historic turnover. The company achieved a turnover of 3.77 billion euros, up 13 percent on 2024. This previous year had already set a historic record, although with more moderate growth....

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C&A records profit growth, apparel sales rise 9.2 percent in 2025 financial year

On February 24, C&A, a multinational chain of retail clothing stores, released its results for the fourth quarter of 2025. The company recorded a net profit of 313.2 million reais (61.11 million dollars) for the quarter. This represents a 22.9 percent increase compared to the same period last year, which saw a profit of 254.9 million reais. For...

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Puig surpasses 5 billion euros in turnover and boosts profits by 13 percent

Madrid – Following the update from FashionUnited earlier this week, the Spanish fashion and beauty multinational Puig Group presented its annual results for the 2025 financial year on Wednesday. This marks the first time the company has done so before the start of a trading session since its stock market debut. The fiscal year ended on December...

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L'Oréal net profit drops 4.4 percent in 2025 due to currency effects and French tax

The French cosmetics giant L'Oréal announced on Thursday a 4.4 percent decrease in its net profit to 6.13 billion euros (7.27 billion dollars). This was penalised by currency effects and the exceptional surcharge imposed on large companies to restore French public finances. “This increasingly less exceptional tax on large companies (...) costs...

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Hermès reports 1.72 percent net profit decrease due to exceptional surtax

French luxury group Hermès announced on Thursday, February 12, 2026, a 1.72 percent decrease in its net profit for 2025, which fell to 4.5 billion euros (5.35 billion dollars). This decline was attributed to an exceptional surtax imposed on large companies by the French government to restore public finances. Excluding this exceptional...

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Kering 2025: moment of truth for François-Henri Pinault's powerhouse

The luxury sector is no longer smooth sailing, and Kering (Kering) has become its most sensitive barometer. With a 13 percent decline in turnover, compressed profitability, and Gucci still undergoing reconstruction, the French group concludes a 2025 financial year that management describes as transitional. Investors, however, see it primarily as...