July 7, the Spanish fashion brand Bimba y Lola announced its results for FY2022 ending February 28, 2023: Sales increased by 4.3% year-on-year to 225 million euros, and EBITDA slipped 10 percent to 30.7 million euros.
Meanwhile, due to the “significant” investment efforts made during the year and the impact of inflation, Bimba y Lola’s net profit fell 26.1% to 11.6 million euros.
Compared with the previous fiscal year, the annual investment volume has increased by 28%, which is “the highest investment figure in the history of Bimba y Lola,” the company sa …
