Matalan has reported a strong third-quarter and Christmas trading performance for the quarter ended 28 November 2025, with EBITDA rising 38% year-on-year (YoY) to £27m ($35.35m). The British clothing and homewares retailer said the improvement was supported by like-for-like (LFL) sales growth of 2% during the quarter. The result followed a strong first half, with EBITDA up 53% to £61m for the financial year to date. Online trading was a key contributor, with LFL digital sales rising 11% in Q3. Black F ...

A one-time bull got more bearish on the menswear company's prospects.Ermenegildo Zegna (ZGN 13.25%) stock wasn't fashionable at all for a great many investors on Friday. A recommendation downgrade from a prominent bank sent the menswear specialist's shares down sharply in price, to the point where they closed the trading session more than 13% lower.From buy to holdThe downgrading party was Bank of America Securities' Daria Nasledysheva. In her latest Zegna update, she changed her recommendation to neutral f ...

Brand Portfolio and Revenue - Lanvin Group manages a diverse portfolio of 5 iconic luxury heritage brands[10, 21] - In 2024, Lanvin's revenue was €83 million, representing 25% of the group's revenue[16] - Wolford's 2024 revenue was €88 million, accounting for 27% of the group's revenue[17] - Sergio Rossi's 2024 revenue was €42 million, which is 13% of the group's revenue[16] - St John's 2024 revenue reached €79 million, making up 24% of the group's revenue[19] - Caruso generated €37 million in revenue in 2024, contributing 11% to the group's revenue[16] Financial Performance and Challenges - The group's global revenue for FY 2024 was €329 million, a 23% decrease compared to FY 2023[80] - The group's Adjusted EBITDA in 2024 was -€92320 thousand, representing -28% of revenue[87, 132] - The group is implementing measures to reduce G&A expenses and improve working capital management[80] Strategic Initiatives - The group is focused on streamlining expenses and enhancing operational efficiency[77] - The group is upgrading its store network with disciplined new openings and a strategic focus on key markets[97] - The group is aiming to reduce discounts and sharpen product offerings to focus on core and less seasonal categories[95]