The Group continued to achieve positive growth in China and gained considerable market share.
A range of positive signals prompted the group to raise its full-year 2026 guidance.
Revenue in Asia, excluding Japan but including China, fell 5% organically year on year in the third quarter.
Revenue and profitability in Greater China will remain under pressure in the short term.
Growth in Asia-Pacific was driven primarily by a 19% year-on-year increase in DTC revenues.
Tod’s Group reported a consolidated net loss of €83 million.
Flagship brand YOUNGOR upgrades its offering for all-scenario dressing.
Several new away-from-body silhouettes were well received, but were not yet sufficient to fully offset the 20% decline in leggings.
Revenue in Asia reached $589 million this quarter, up 24% year-on-year.
Tapestry reported full-year revenue of $8.0 billion for fiscal 2026 ended June 27, up 14% year-on-year.