v3.26.3
Revenue
6 Months Ended
Jun. 30, 2026
Revenue.  
Revenue

5.Revenue

The Group generates revenue primarily from the sale of its products (net of returns and discounts), and from fees for royalties and licenses received from third parties.

Breakdown of revenue by sales channel:

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​

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For the six months ended June 30,

(Euro thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025*

Direct To Consumer (DTC)

 

68,439

 

80,039

Wholesale

 

27,001

 

29,193

Royalties and Other (1)

 

5,356

 

6,536

Total revenue by sales channel

 

100,796

 

115,768

*The revenue information for the six months ended June 30, 2025 has been restated in accordance with IFRS 5, with the Caruso Brand presented as a discontinued operation (see Note 8).

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(1)

Royalties and other revenues mainly include royalties and certain sales of old season products.

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Breakdown of revenue by geographic area:

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​

​

​

​

​

​

For the six months ended June 30,

(Euro thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025*

EMEA

 

37,620

 

40,374

North America

 

50,335

 

56,157

Greater China

 

6,466

 

10,231

Other Asia

 

6,375

 

9,006

Total revenue by geographic area

 

100,796

 

115,768

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