Financial Results

Mango Reports Strong Growth In 2024 With Record Turnover Of €3.339 Billion

Textile Insights March 18, 2025

Mango, a leading international fashion brand, has reported a significant increase in all key financial indicators for the 2024 financial year. The company’s turnover reached €3.339 billion, marking a 7.6% increase from 2023. At constant exchange rates, turnover rose by 11.6%, outperforming the

Financial Results

Inditex Achieves Record Sales And Profits In 2024

Textile Insights March 18, 2025

Inditex reported a strong financial performance for 2024, with sales increasing by 7.5% to €38.6 billion, driven by robust execution of its integrated business model and strong customer response to its collections. Sales growth was positive across all concepts, with sales in constant currency rising by 10.5%. Online sales saw a 12.0% increase, reaching €10.2 […]

Financial Results

Adidas Reports Strong Q4 And Full-Year 2024 Financial Results

Textile Insights March 17, 2025

Adidas reported a 12% increase in global revenue for 2024, reaching EUR 23.683 billion on a currency-neutral basis. Operating profit rose by over EUR 1 billion to EUR 1.337 billion, while the gross margin improved by 3.3 percentage points to 50.8%. In Q4 2024, Adidas posted revenue of EUR 5.965 billion, up 19% year-on-year, with […]

Financial Results

Hugo Boss Reports Strong Performance In Q4 2024

Textile Insights March 17, 2025

Hugo Boss closed 2024 with record sales of €4.3 billion, reflecting a 3% increase (currency-adjusted) driven by a strong fourth quarter performance (+6%). Growth was led by the Americas, which reported a 13% increase in Q4 (FY: +8%), followed by EMEA with a 6% rise in Q4 (FY: +3%). However, the Asia-Pacific region declined by […]

Financial Results

Rieter Closes FY 2024 With A Solid Operating Result

Textile Insights March 13, 2025

Ad hoc announcement pursuant to Art. 53 LR Key Highlights: Order intake: CHF 725.5 million (+34% YoY) Sales: CHF 859.1 million (-39% YoY) Order backlog: CHF 530 million (December 31, 2024) EBIT: CHF 28.0 million (EBIT margin 3.3%) Net profit: CHF 10.4 million Free cash flow: CHF 14.1 million Proposed dividend: CHF 2.00 per share […]

Financial Results

Sutlej Textiles Optimistic On Future Demand Despite 5% Dip In Revenue

Textile Insights February 11, 2025

Sutlej Textiles and Industries Ltd, a leading manufacturer and exporter of value-added dyed yarns (synthetic & cotton mélange) with a presence in home textiles, has announced its financial results for Q3FY25. The company reported a consolidated total income of Rs 658 crore, down 5% from Rs 690 crore in Q2FY25, while EBITDA stood at Rs […]

Financial Results

Page Industries Reports 34.3% PAT Growth In Q3 FY25

Textile Insights February 11, 2025

Page Industries Ltd, India’s leading apparel manufacturer, reported a robust financial performance for the third quarter and nine months ending December 31, 2024. For Q3 FY25, the company saw a 4.7% year-on-year growth in sales volume, totaling 57.8 million pieces. Revenue for the quarter reached Rs 13,131 million, marking a 7.1% increase compared to the […]

Financial Results

Mafatlal Industries Reports Highest-Ever 9-Month Revenue In Q3 FY25

Textile Insights February 11, 2025

Mafatlal Industries Ltd, a legacy player in the Indian textile industry, announced its unaudited financial results for the quarter and nine months ending December 31, 2024. The company reported a remarkable 116.7% year-on-year growth in revenue from operations for Q3 FY25, reaching Rs 910.2 crore, compared to Rs 420.1 crore in Q3 FY24. For the […]

Financial Results

Raymond Lifestyle Posts 2% Revenue Growth In Q3 FY25

Textile Insights February 3, 2025

Raymond Lifestyle Limited has announced its unaudited financial results for Q3 FY25, reporting a total income of Rs 1,796 crore, a 2% YoY growth despite subdued market sentiment. EBITDA stood at Rs 221 crore, with an EBITDA margin of 12.3%, impacted by weaker consumer demand and increased investments in retail expansion. Key Financial Highlights (Q3 […]

Financial Results

Welspun Living Continues Strong Growth With Sustainable Expansion In Q3FY25

Textile Insights February 3, 2025

Welspun Living Ltd., a global leader in home textiles and part of the US$ 3.6 billion Welspun Group, has announced its Q3FY25 financial results, showcasing a robust performance driven by sustainable business practices and innovation. The company reported a 3% year-on-year growth in consolidated revenue, reaching Rs 25,277 million for Q3FY25, while year-to-date (YTD)