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.
Direct-to-Consumer (DTC) channel revenue recorded 17% organic year-on-year growth in the second quarter.
Revenue in Greater China increased by 0.7% year-on-year to €124.1 million, with organic growth of 5.3%.
The Asia-Pacific region was the best-performing market this quarter, with revenue increasing by 17% year-on-year.
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Excluding Japan, the DTC business recorded growth across all regions, with North America and Latin America leading with double-digit increases.
Revenue in Asia Pacific increased by 14% year-on-year (+22% at constant exchange rates) to EUR 380.8 million, making it the Group’s largest market, with particularly outstanding performance in the Chinese Mainland and South Korea.
The Group forecasts that full-year 2026 revenue will grow by 10% at constant exchange rates.
The Group’s profitability improved in the second half of 2025.
