v3.26.1
Intangible assets (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about intangible assets [abstract]  
Schedule of Breakdown For Intangible Assets
The following table presents a breakdown for intangible assets.

(€ thousands)GoodwillBrandConcessions, licenses, trademarks and patentsSoftwareOther intangible assetsIntangible assets in progressTotal
Historical cost at December 31, 2025247,234153,131116,141167,52271,094824755,946
Additions5114,2082,1019257,745
Disposals(2)(763)(765)
Exchange differences4,9784,7853,153865613,787
Other movements and reclassifications152125(238)(60)
Historical cost at June 30, 2026252,212157,916119,804171,78273,4221,517776,653
Accumulated amortization at December 31, 2025(27,970)(110,082)(63,808)(201,860)
Amortization(2,111)(6,082)(3,929)(12,122)
Impairment(4)(4)
Disposals1713714
Exchange differences(463)(22)(766)(1,251)
Accumulated amortization at June 30, 2026(30,543)(116,186)(67,794)(214,523)
Carrying amount at:
December 31, 2025247,234153,13188,17157,4407,286824554,086
June 30, 2026252,212157,91689,26155,5965,6281,517562,130
Schedule of Sensitivity of the Impairment Testing to Reasonably Possible Changes in Both Assumptions
The following table presents the results of a sensitivity analysis performed to verify whether reasonably possible changes in the main assumptions used to determine the recoverable amount of the Thom Browne segment would significantly affect the results of the impairment test. Based on the sensitivities presented below, headroom would remain positive under all scenarios except for an adverse increase of 100 basis points in the WACC assumption.

Existing assumptionsSensitivity effects on headroom
(€ millions, except percentages and basis points)HeadroomWACC (%)EBITDA CAGR 2028 vs. 2025 (%)Growth rate (%)WACC
+100 bps
EBITDA
-500 bps
Growth rate
-50 bps
Thom Browne segment1048.61%50.3%2.75%(4)4750