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.
Sales in Asia-Pacific increased by 97% year-on-year, led by the Chinese market.
Pandora expects store closures in China to have a limited impact on organic growth.
Brooks said that, following its best-ever first-quarter performance, it also delivered record results in the second quarter.