Fashion
Finland’s Amer Sports returns back to profit; Q2 revenue rises 23%
The gross margin improved by 270 basis points (bps) to 58.5 per cent, with adjusted gross margin at 58.7 per cent. The net income improved from a loss of $4 million to a profit of $18 million, translating to diluted EPS of $0.03, while adjusted net income rose 46 per cent to $36 million, or $0.06 per share.
Amer Sports has posted strong Q2 2025 results with revenue up 23 per cent to $1.24 billion and net income at $18 million versus a loss last year.
Technical Apparel and Outdoor Performance drove growth, boosting margins.
Full-year revenue is forecast to rise 20–21 per cent, with strong segment outlooks.
Wilson CEO Joe Dudy will step down, with CFO Andrew Page appointed interim CEO.
Selling, general and administrative (SG&A) expenses increased 23 per cent to $698 million, while adjusted SG&A rose 27 per cent to $677 million. Operating profit climbed 614 per cent to $44 million, while adjusted operating profit increased 130 per cent to $67 million, supported by $19 million in government grants, Amer Sports said in a press release.
The operating margin expanded 430 bps to 3.5 per cent, with adjusted operating margin up 260 bps to 5.5 per cent. By segment, adjusted operating margin stood at 13.9 per cent for Technical Apparel, and 5.1 per cent for Outdoor Performance.
“Amer Sports’ strong momentum continued in the second quarter, as our unique portfolio of premium technical brands continues to create white space and take share in sports and outdoor markets around the world,” said James Zheng, CEO at Amer Sports. “We remain confident in our ability to manage through higher tariffs and other near-term macro uncertainties, while also ensuring that we develop each of our unique brands for high quality, long duration growth. The recent Salomon footwear acceleration, Arc’teryx’s continued momentum, and steady results from our equipment franchises position us well for another strong performance in 2025 and beyond.”
For full-year 2025, Amer Sports expects adjusted revenue growth of 20–21 per cent YoY, supported by a 100-bps foreign exchange (FX) benefit, with gross margin around 57.5 per cent and operating margin between 11.8–12.2 per cent. Adjusted EPS is projected in the range of $0.77–0.82, based on 561 million shares. Technical Apparel and Outdoor Performance are both forecast to deliver revenue growth of 22–25 per cent, with segment margins of 21 per cent and 11–11.5 per cent respectively.
For the third quarter (Q3) of 2025, the company anticipates revenue growth of around 20 per cent, including a 150-bps FX tailwind. Gross margin is projected at 56.5 per cent and operating margin between 12–13 per cent. Net finance costs are expected at $30–35 million, with an effective tax rate of 28–30 per cent. Adjusted diluted EPS is forecast in the range of $0.2–0.22.
“The inflection of Salomon footwear adds a strong second leg of growth to Arc’teryx’s already exceptional sales and margin trajectory, significantly elevating the long-term value creation potential of our portfolio of premium sports and outdoor brands,” said Andrew Page, CFO at Amer Sports.
The company stated that Wilson President and CEO Joe Dudy will step down on August 31 to pursue new opportunities but remain an advisor until March 2026. CFO Andrew Page has been named interim President and CEO while retaining his Amer Sports role and leading the Ball & Racquet segment.
Fibre2Fashion News Desk (SG)
Fashion
Munich Fabric Start puts emotional materiality centre stage with ‘Pleasure’ as its guiding theme
Published
January 15, 2026
Munich Fabric Start (MFS) is gearing up for its January 27–29 edition. Designers, product managers, and buyers will be able to explore around 1,000 spring/ summer 2027 collections from international fabric and trim manufacturers at the MOC Munich.
With the lead theme of “Pleasure,” the trade show’s organisers aim to spotlight “attitude, sensuality, and emotional materiality” over the three days of the fair. The lead theme frames fashion as an emotional space, an expression of attitude and cultural reflection. Colours, surfaces and materials become conduits for self-confidence and joie de vivre.
“After seasons of restraint, spring/ summer ’27 marks a deliberate counter-design: optimism, sensuality, and creative freedom take the place of pragmatism and neutrality. Physical presence and individuality are regaining importance- as a response to uncertainty, exhaustion and algorithmic predictability,” according to MFS.
“Efficiency and pragmatism are shaping current market developments. And these are not easy times for us as trade fair organisers either. We are countering this with a clearly structured trade fair and a strong positioning as a key source of inspiration, an interactive business forum, and a platform bringing together textile expertise. In terms of fashion and trends, we are heralding a change of perspective: optimism instead of restraint. Self-confidence instead of uncertainty,” adds managing director Florian Klinder.
With the integrated shows Bluezone, Keyhouse, and The Source, the trade fair brings together all relevant fashion segments: high-quality fabrics and trims, international denim expertise, and forward-looking innovations along the entire textile value chain. International reach, collaboration, and sustainability remain central themes.
The consolidation of the trade fair segments at the MOC has proven successful. The trade fair with its eight areas will once again be held under one roof.
Bluezone and Keyhouse with “Sustainable Innovations” will once again be anchored in the high-footfall area of Hall 2 at the upcoming event- directly connected to the Fabrics and Additionals areas.
The Design Studios in Hall 4 are now positioned even more centrally. And the sustainable sourcing area Resource is also set to have a stronger presence, located directly next to The Source in Hall 1.
To provide buyers and designers with a holistic overview, the Bluezone denim trends will be integrated directly into the trend worlds built around the lead theme in the MOC foyer. This new form of presentation reflects market developments in which denim and classic fashion segments are increasingly merging within collections.
The exhibitors will once again include well-known names from the fabric and textile industry, including the Albini Group, Kiki Fashion, Calik, Lanificio di Tollegno, Bornemann Etiketten, Manteco, Pontetorto, Riopele, Thermore, Bureaux Bo, Can Tekstil, and Troficolor Denim Makers.
As usual, a supporting programme of keynotes, panel discussions, and trend presentations will round off the trade fair offering. Current industry topics will be discussed and contextualised on the “Stage” with Peclers Paris, David Shah, O/M Collective, Olivia Does Design, and Monsieur-T, among others. The curator of Sustainable Innovations, Simon Angel, will offer in-depth sessions on future-oriented, sustainable material solutions.
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Copyright © 2026 FashionNetwork.com All rights reserved.
Published
January 15, 2026
Kering’s Balenciaga and resolutely independent Manolo Blahnik announced a first-time collaboration on Thursday on a trio of styles created for the Fall 2026 collection.
They said it’s “an exchange shaped by shared values and an admiration for couture tradition. The partnership reflects the House of Balenciaga’s enduring commitment to artisanal mastery, as well as creative director Pierpaolo Piccioli’s distinct approach to fashion, long inspired by the legacy of Cristóbal Balenciaga”.
It makes sense for the two labels to work together given their dual Spanish roots, as well as “the elegance of craft that unites them”.
So what does the capsule comprise? There’s a low-heeled mule and a slingback with either a 105mm or 50mm heel. With a décolleté cut, we’re told “the silhouettes reveal skin, the body, a display intrinsically linked to the primacy of the human form”.
The styles are “in and of themselves a dialogue, a duet, drawn from designs from the Manolo Blahnik archive, chosen by Piccioli, and fused together. All three are executed in silk-satin, proposed in various colours and lined in Balenciaga grey”.
Each shoe style also features crystal embroidery across a low-cut vamp, something for which Blahnik is known. The company said the embellishments “simultaneously recall archival Blahnik designs and [reference] the 1960s bijoux created by Cristóbal Balenciaga”.
Manolo Blahnik said that “Don Cristóbal Balenciaga is, to me, the ultimate designer. I have adored his work for as long as I can remember. As a Mediterranean boy myself, I have always felt a deep connection to his Spanish culture and sensibility. To be partnering with Balenciaga, and with Pierpaolo, fulfils a lifelong dream. [His] direction for Balenciaga resonates profoundly with my own ideas of how the modern woman should dress in 2026, a vision of timeless elegance rooted in craftsmanship and enduring beauty.”
Copyright © 2026 FashionNetwork.com All rights reserved.
Directed by AJ Duan and photographed by Anton Gottlob in the streets of Shanghai, the hero film captures the poetry of movement in the city’s rush hour – a dance of anticipation as the four characters race towards a reunion. Amid the hum of the streets, fleeting moments of humour, warmth and surprise are revealed like hidden treasures.
Burberry marks the Year of the Horse 2026 with a capsule collection and Shanghai-set campaign starring Chen Kun, Tang Wei, Wu Lei and Zhang Jingyi.
The line reimagines the iconic Knight motif in painterly techniques, anchored in lucky red tones.
Store windows across China and Asia Pacific feature hand-painted designs created with de Gournay and artist Liao Wenjun.
The capsule collection
At the heart of the capsule collection – titled Burberry Year of the Horse Collection – is our house code, the Knight, playfully reinterpreted as a watercolour and ink sketch, brought to life through intricate techniques such as vibrant metallic embroidery, cross-stitch and appliquéd badges.
The horse is a significant motif for Burberry. The original Knight was the winning entry of a public public competition to design a logo for the house, circa 1901. Imbued with symbolism, it represents protection, innovation and Burberry’s forward-looking spirit.
The collection is grounded in red, a symbol of luck and prosperity in Chinese culture, with scarves and daywear in an exclusive new red Burberry Check.
Outerwear pieces include the Berryhill car coat and Floriston quilted jacket in iridescent nylon, while the gifting offering is expanded through soft accessories, bags and small leather goods detailed with the seasonal Knight.
Window and store display
Burberry has partnered with esteemed British hand painted wallpaper brand de Gournay on window designs throughout stores in China and Asia Pacific. The collaboration celebrates the craft and texture of Xuan paper – the traditional Chinese paper used for calligraphy and painting. Both surface and subject, the paper becomes a canvas for painterly expression and a reflection of artistry and heritage, by Chinese artist Liao Wenjun.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
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