AUSTIN, Texas, Dec. 30, 2025 (GLOBE NEWSWIRE) -- YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced that management will be hosting meetings with investors at the 28th Annual ICR Conference in Orlando, FL on Monday, January 12, 2026. About YETI Holdings, Inc. Headquartered in Austin, Texas, YETI is a global designer, retailer, and distributor of innovative outdoor products. From coolers and drinkware to bags and apparel, YETI products are built to meet the unique and varying needs of diverse outdoor ...

Core Viewpoint - GlobalTech Corporation has announced the planned acquisition of 123 Investments Limited, operating as Moda in Pelle, with D. Boral Capital LLC serving as its strategic advisor for this transaction [1][2]. Company Overview - GlobalTech Corporation is a U.S.-based technology holding company focused on artificial intelligence, big data, and emerging technologies, aiming to empower innovative companies through strategic partnerships and capital investment [3]. - D. Boral Capital LLC is a global investment bank that specializes in providing strategic advisory and financial solutions to middle-market and emerging growth companies, having successfully aggregated approximately $30 billion in capital since its inception in 2020 [4][3]. Acquisition Details - The acquisition of Moda in Pelle is part of GlobalTech's strategy to scale globally and invest in cutting-edge solutions, with updates to be shared in future public filings [2]. - The transaction is subject to customary agreements and compliance, with no assurance of timely completion [2]. Moda in Pelle Overview - Moda in Pelle, established in 1975, is a British footwear brand known for its high-quality products and strong presence in the UK market, operating over 40 retail stores and a robust online platform [4].

YETI (NYSE:YETI) 2025 Conference December 02, 2025 10:15 AM ET Company ParticipantsMatt Reintjes - CEOConference Call ParticipantsNone - AnalystModeratorAll right, next up, we are excited to have a unique consumer brand that I'm sure needs no introduction for its innovative outdoor products. To help us understand how the company continues to evolve, we're excited to have CEO Matt Reintjes as well as CFO Mike McMullen. Thanks for joining us today. I'm going to start off on product innovation, and you've desc ...

Company Overview - Mytheresa is a luxury e-commerce platform founded in Munich in 1987, transitioning to online sales in 2006, offering a curated selection of up to 250 high-end brands, including Gucci, Prada, and Valentino [6] - In fiscal year 2025, Mytheresa generated revenues of 988.5 million euros [6] Leadership Changes - Francis Belin, a former executive at Christie's, has been appointed as the new CEO of Mytheresa, effective January 1 [1] - Belin's appointment aims to sustain Mytheresa's strong global growth trajectory [1] - Michael Kliger, the previous CEO of Mytheresa for 10 years, will continue to oversee the overall strategy of Mytheresa and other brands under LuxExperience [2][5] Strategic Goals - Belin is expected to leverage his extensive luxury experience to drive Mytheresa's next phase of global growth and enhance its position as a leader in the luxury market [4] - Kliger expressed confidence in Belin's customer-centric approach and collaborative leadership style, which are seen as vital for the future of Mytheresa [2] Recent Acquisitions - LuxExperience acquired Yoox Net-a-porter (YNAP) from Compagnie Financière Richemont, trading a 33% stake in the combined business for 555 million euros in cash [3]

Core Insights - Marimekko's net sales and operating profit increased in the third quarter of 2025, with net sales reaching EUR 50.8 million, an 8% increase from EUR 47.2 million in the same period of 2024 [7][11] - The company expects net sales for 2025 to grow from EUR 182.6 million in 2024, with a comparable operating profit margin estimated at 16-19% [4][18] Financial Performance - In Q3 2025, net sales increased by 8% to EUR 50.8 million, driven by a 15% rise in wholesale sales [7][11] - Operating profit for Q3 improved to EUR 12.5 million, a 13% increase from EUR 11.1 million in Q3 2024, with a comparable operating profit of EUR 12.7 million [6][12] - For the January-September period, net sales grew by 5% to EUR 134.8 million, with operating profit rising to EUR 23.1 million [7][13] Market and Sales Insights - International sales accounted for 46% of total net sales in Q3 2025, with both wholesale and retail sales contributing to the growth [6][7] - The company reported a 3% increase in net sales in Finland, supported by positive retail sales development [7][13] - Marimekko's brand sales outside Finland decreased by 16% in Q3 2025 compared to the previous year [8] Strategic Developments - The company is focusing on expanding its international presence, particularly in Asia, with plans to open 10-15 new stores in 2025 [20][21] - Marimekko launched a French-language online store in August 2025, ahead of the opening of its first Paris flagship store [17] - The company continues to invest in its brand and customer community through various events and exhibitions, including the "Field of Flowers" exhibition [14][15] Future Outlook - The company anticipates challenges in 2025 due to uncertainties in the global economy, including geopolitical tensions and consumer behavior [18][19] - Licensing income is expected to be significantly lower in 2025 compared to the previous year, impacting overall net sales [22] - Fixed costs are projected to rise in 2025, influenced by general cost inflation and increased marketing expenses [23]

Core Insights - Marimekko's net sales and operating profit increased in the third quarter of 2025, with net sales reaching EUR 50.8 million, an 8% increase from EUR 47.2 million in the same period of 2024 [7][11] - The company expects net sales for 2025 to grow from EUR 182.6 million in 2024, with a comparable operating profit margin estimated at 16-19% [4][18] Financial Performance - In Q3 2025, net sales increased by 8% to EUR 50.8 million, driven by a 15% rise in wholesale sales [11] - Operating profit for Q3 improved to EUR 12.5 million, a 13% increase from EUR 11.1 million in Q3 2024, with a comparable operating profit of EUR 12.7 million [6][12] - For the January-September period, net sales grew by 5% to EUR 134.8 million, with operating profit reaching EUR 23.1 million [7][12] Market Dynamics - The growth in net sales was particularly strong in Finland and internationally, with Finnish sales increasing by 7% and international sales by 8% [11][12] - The company noted that licensing income was significantly lower than the previous year, impacting overall net sales [7][12] Strategic Initiatives - Marimekko is focusing on expanding its international presence, particularly in Asia, with plans to open 10-15 new stores in 2025 [20][21] - The company launched a French-language online store and opened its first flagship store in Paris to enhance global brand awareness [17] Challenges and Outlook - The company faces uncertainties related to global economic conditions, including geopolitical tensions and consumer confidence, which may affect sales and profitability in 2025 [18][19] - Fixed costs are expected to rise in 2025, influenced by general cost inflation and increased marketing expenses [23]

Core Viewpoint - Marimekko Corporation will release its Interim Report for the period of January 1 to September 30, 2025, on October 31, 2025, at 8:00 a.m. EET, with related materials available on its website [1][2] Group 1: Financial Performance - In 2024, Marimekko's net sales reached EUR 183 million, with a comparable operating profit margin of 17.5 percent [2] Group 2: Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, offering a product portfolio that includes clothing, bags, accessories, and home décor items [2] - The company operates approximately 170 stores globally and serves customers in 39 countries through its online store [2] - Key markets for Marimekko include Northern Europe, the Asia-Pacific region, and North America, with a workforce of about 480 employees [2] - Marimekko's shares are listed on Nasdaq Helsinki Ltd [2]

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Core Insights - Marimekko Corporation is set to open a flagship store in Hong Kong on 16 October 2025, located in the premium shopping area of Causeway Bay, which is significant for both local and tourist shoppers [1][4] - The new store is a refurbishment of the original location that opened in 2012 and is operated by Sidefame Ltd, a loose franchise partner since 2011 [1][4] - The flagship store aims to enhance brand culture and omnichannel growth, showcasing Marimekko's lifestyle philosophy and art of printmaking [2][4] Company Strategy - Marimekko's strategy for 2023–2027 focuses on scaling its business, with a particular emphasis on Asia as a key area for international growth [4] - The company plans to build brand awareness in major cities like Hong Kong, which is recognized as a hub for creativity, fashion, and design [4] Store Design and Offerings - The exterior of the new flagship store features Marimekko's iconic Unikko print, while the interior design is inspired by the company's textile printing factory in Helsinki [3] - The store will offer a curated selection of Marimekko's products, including fashion items, bags, accessories, and home décor [3] Financial Performance - In 2024, Marimekko reported net sales of EUR 183 million, with a comparable operating profit margin of 17.5 percent [5] - The company operates approximately 170 stores globally and serves customers in 39 countries through its online store [5]

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