Fashion
US’ Brooks Running powers ahead with 17% Q3 surge
The company accelerated global expansion efforts, growing year-to-date (YTD) revenue by 23 per cent in Europe, Middle East, and Africa (EMEA) and 82 per cent in Asia Pacific and Latin America (APLA) over the same horizon last year. Brooks’ unwavering focus on runners continues to strengthen its position on the global stage as the running category expands worldwide.
Brooks Running has posted its ninth straight quarter of YoY growth, with Q3 FY25 revenue up 17 per cent, fuelled by double-digit gains across all regions and channels.
EMEA revenue rose 23 per cent and APLA 82 per cent year-to-date.
Strong footwear demand, immersive brand activations, and product launches such as Cascadia Elite boosted performance and market share globally.
The global running market continued to grow in Q3, driven by strong demand for performance running footwear. In the US, where adult performance running footwear increased 13 per cent in Q3, the company achieved highest market share at national retail, Brooks Running said in a press release.
YTD through Q3, Brooks held three of the top six adult performance footwear styles sold at US national retail. In France and Germany, where in Q3 performance running footwear grew 9 per cent and 23 per cent, respectively, Brooks outpaced both markets with 15 per cent growth in France and 29 per cent growth in Germany.
“Our entire global team wakes up every day thinking about the runner—how they move, what they feel, the experience they desire and expect from their Brooks gear,” said Dan Sheridan, CEO of Brooks Running. “I am super proud of the way Brooks is executing, even against a backdrop of continued economic impacts and uncertainty. More people around the world are running and choosing an active lifestyle and Brooks is central to their health and wellness goals.”
In Q3, Brooks launched five footwear styles in three core performance categories—cushion, trail, and speed—fuelling a 17 per cent growth in YoY footwear revenue. The brand also previewed the all-new Cascadia Elite, a shoe that’s helped propel Brooks’ elite trail athletes to 12 first place finishes and 30 podiums this season. Core franchises continued to post gains with Adrenaline GTS up 20 per cent and Glycerin up 29 per cent while full-price products grew 21 per cent.
Through its ongoing relationship with runDisney, Brooks launched limited-edition product at the Disneyland Halloween Half Marathon Weekend in September.
From the Brooks House of Mountains at Ultra-Trail du Mont-Blanc (UTMB) in Chamonix to the Brooks Hyperion Houseboat at the TCS Sydney Marathon, Brooks brought its unique energy to the global running community in Q3 through a series of immersive brand experiences at iconic running events.
In Tokyo and Berlin, Brooks opened its signature Hyperion Houses where runners could try on new products and experience the brand in real life, added the release.
Fibre2Fashion News Desk (SG)
In the first nine months of 2025, Lenzing AG recorded revenue growth and higher EBITDA, but a market-driven volatile third quarter. This performance reflects the effects of ongoing market volatility, tariffs and geopolitical uncertainties. Nevertheless, the medium to long-term outlook remains positive.
Lenzing AG’s revenue rose 0.7 per cent to €1.97 billion (~$2.27 billion) in the first nine months of 2025.
EBITDA grew 29.1 per cent to €340.4 million (~$391.5 million) amid market volatility.
The company is optimising operations, investing over €100 million (~$115 million) in Austrian sites, and reviewing its Indonesia plant to save €45 million (~$51.8 million) annually by 2027.
The revenue generated by Lenzing AG rose by 0.7 percent to EUR 1.97 bn (prior-year period: EUR 1.96 bn) in the first nine months. EBITDA grew by 29.1 percent to EUR 340.4 mn (prior-year period: EUR 263.7 mn), including effects from the sale of surplus emission allowances and the valuation of biological assets. The EBITDA margin improved to 17.3 percent (prior-year period: 13.5 percent). Earnings before interest and tax (EBIT) amounted to EUR 20.6 mn (prior-year period: EUR 38.3 mn), which corresponds to an EBIT margin of 1 percent (prior-year period: 2 percent). This result includes asset impairments of EUR 82.1 mn in Indonesia. Earnings before tax (EBT) amounted to EUR minus 98.7 mn (prior-year period: EUR minus 33.4 mn).
“We see these challenging times also as an opportunity. We are increasingly building on our strengths and are continuing to focus on what we excel at: strong brands, precise execution and bold innovation,” notes Rohit Aggarwal, CEO of Lenzing AG.
Strategic development
Lenzing AG pursues a holistically adapted strategy with a clear focus on value-generating growth. Key pillars of this strategy include enhancing operational efficiency, optimizing production sites, and targeting high-margin premium products such as TENCEL, VEOCEL, and LENZING ECOVERO. Additional growth potential is expected particularly in the fields of hygiene, packaging, filtration, as well as medical and industrial applications.
To sustainably secure this growth and strengthen long-term competitiveness, the company has initiated a strategic review of its production site in Indonesia. The planned measures – including adjustments to administrative functions – are expected to generate additional annual savings of approximately EUR 45 mn by the end of 2027. For the current reporting year, the Management Board anticipates cost savings exceeding EUR 180 mn. Furthermore, the company is investing over EUR 100 mn in its sites in Lenzing and Heiligenkreuz and aims to achieve holistic energy optimization of more than 5 percent across all production locations. Strategic options for the site in Indonesia are being evaluated, including a potential sale.
The Supervisory Board also made personnel decisions during the reporting period: The Managing Board mandate of Christian Skilich, Chief Pulp & Chief Technology Officer, was extended until May 2029. Mathias Breuer, currently Senior Vice President and responsible for the performance program, will become CFO from January 1, 2026, and succeed Nico Reiner, who is due to step down from his position at the end of 2025.
Solid financial position in a difficult environment
Thanks to its strong focus on cash management, Lenzing succeeded in leaving no doubt about its adequate liquidity position during the reporting period. As of September 30, 2025, the company held liquidity cushion of EUR 993 mn. The capital structure was strengthened by a EUR 500 mn hybrid bond and a EUR 545 mn syndicated financing facility. Net financial debt was reduced by 8.5 per cent to EUR 1.4 bn as of the reporting date. With total assets of EUR 4.80 bn, this corresponds to an adjusted equity ratio of 30.7% as of September 30, 2025.
Cash flow from operating activities amounted to EUR 284.6 mn (prior-year period: EUR 319.4 mn). Free cash flow was also positive at EUR 110.9 mn. (prior-year period: EUR 194.0 mn) Furthermore, unlevered free cash flow amounted to EUR 192.1 mn (prior-year period: EUR 228.6 mn).
Capital expenditure amounted to EUR 93.2 mn (prior-year period: EUR 93.3 mn).
Outlook
The global environment remains volatile. The International Monetary Fund (IMF) expects growth of 3.2 percent in 2025, but warns of trade conflicts and financial instability. Consumer sentiment is subdued, and higher tariff costs could further weigh on demand in 2026. Based on the business performance to date and the current market outlook, the Managing Board expects year-on-year growth in EBITDA in 2025. The actual business performance may nevertheless diverge from current expectations depending on geopolitical and economic factors as well as the cyclical nature of the industry. Any assessment of economic development is therefore subject to forecasting risks.
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 (HU)
Translated by
Nicola Mira
Published
November 7, 2025
In Q3, French textiles group Compagnie Chargeurs Invest (CCI) has maintained the momentum observed in H1. The group recorded a 0.7% drop in revenue (and a 2.3% organic increase), reaching €164.2 million.
CCI’s Q3 results were very similar to those posted in H1, when it recorded a 0.6% revenue drop, and a 1.7% organic increase. In the first nine months of the year, the group’s Mode & Savoir-Faire segment recorded a 7.5% revenue decline for the Chargeurs PCC division, down to €138.8 million, and a 5.4 % drop, down to €55.7 million, for the Luxury Fibers division. The Personal Goods segment, focused on British leather goods businesses Swaine of London and Cambridge Satchel, plus French company Altesse, generated a revenue of €10.8 million, equivalent to an 18.7% increase.
“Commercial momentum in the second half of the year is particularly strong and points to a promising 2026, assuming comparable macroeconomic conditions,” said CEO Michael Fribourg. “The transformation of our technical textile activities is beginning to bear fruit, and is expected to accelerate significantly in 2026, thanks to the human resources, technological, and operational investments made since mid-2024,” he added.
CCI is currently assessing the opportunity to sell Novacel, the industrial division operating in the high-tech coatings, adhesive tape and special papers sectors. The group said it is seeking for either a partial or complete sale.
“[CCI] is rigorously reviewing the offers received and engaging in in-depth discussions with interested parties, with the aim of fully reflecting Novacel’s unique market position, strong commercial drive, and growth prospects,” said the group.
In fiscal 2024, CCI generated a revenue of €729.6 million, equivalent to an 11.9% growth (and a 10.7% one in organic terms). The group has recently announced that Carla Bruni-Sarkozy has been appointed to its board of directors.
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Moncler brand revenues were €1.55 billion (~$1.8 billion), stable at constant exchange rates compared with 2024. In Q3 2025, revenues reached €514.2 million (–1 per cent cFX YoY), supported by sequential gains in both DTC and wholesale channels, Moncler Group said in a press release.
Italian Moncler Group has reported revenues of €1.84 billion (~$2.13 billion) in the 9M 2025, flat at constant exchange rates.
Moncler brand sales totalled €1.55 billion (~$1.8 billion) and Stone Island €288 million (~$334.1 million), with both showing sequential improvement in DTC performance.
The Americas and China outperformed, offsetting softer EMEA and Japan results.
Asia’s revenues increased 3 per cent cFX to €752.6 million, driven by continued strength in China, partially offset by softness in Japan and Korea. Revenues in Europe, the Middle East and Africa (EMEA) declined 4 per cent cFX to €581 million, affected by subdued tourism flows despite a slight sequential improvement. Americas’ revenues rose 2 per cent cFX to €219.6 million, with Q3 growth of 5 per cent cFX driven by double-digit DTC sales.
Moncler brand’s direct-to-consumer (DTC) channel grew 1 per cent cFX to €1,255.4 million, maintaining stable performance through Q3 despite macroeconomic headwinds. Wholesale revenues fell 5 per cent cFX to €297.8 million, reflecting Moncler’s continued focus on distribution quality and network optimisation.
As of September 30, 2025, Moncler operated 294 directly operated stores (DOS), a net increase of seven since June 2025, including a new boutique in Austin and an expanded SKP location in Beijing. The brand also managed 49 wholesale shop-in-shops, five fewer than the previous quarter.
Stone Island recorded revenues of €288.1 million (~$334.1 million) in 9M 2025 (–1 per cent cFX), with Q3 revenues flat year-on-year. Performance was shaped by a robust DTC segment and a wholesale decline due to shipment timing differences between quarters.
Revenues in Asia rose 13 per cent cFX to €74.2 million, driven by strong momentum in China and Japan. EMEA declined 4 per cent cFX to €196.2 million, as robust DTC growth was offset by weaker wholesale sales. The Americas fell 11 per cent cFX to €17.7 million, though both channels improved sequentially in Q3. The DTC channel advanced 9 per cent cFX to €145.1 million, accounting for over half of total sales, while wholesale revenues dropped 9 per cent cFX to €143.0 million due to shipment timing differences but showed sequential improvement during the quarter.
Stone Island operated 92 directly operated stores and 11 wholesale mono-brand stores as of September 30, 2025. Notably, the brand relocated its flagship store in New York City during the quarter.
Meanwhile, in the third quarter (Q3), group revenues totalled €615.6 million (–1 per cent cFX YoY), with Moncler and Stone Island contributing €514.2 million and €101.4 million respectively. Both brands demonstrated sequential improvement in their direct-to-consumer (DTC) channels, reflecting effective execution amid subdued market demand.
“As we close the first nine months of the year, we remain focused on executing our strategy with discipline, agility, and a strong sense of direction – aware of the challenges around us, but even more committed to the opportunities ahead,” said Remo Ruffini, chairman and CEO of Moncler Group.
“Our recently-launched communication campaign Warmer Together celebrates the values that have defined Moncler for over 70 years—love, connection, and a shared sense of warmth—brought to life through the friendship of two legendary Hollywood icons,” added Ruffini. “These same values come to life in Casa Moncler, our new headquarters and a key milestone in our journey. More than just a space, it is a powerful expression of our culture—where creativity meets innovation, and where our people come together with strong energy and a deep sense of belonging to shape the future of our brand.”
Moncler continues to prioritise organic growth, direct engagement through its retail network, and the elevation of its wholesale distribution. The company also published its 2026 Corporate Events Calendar, available on its website under the Investors section, added the release.
“As we close the first nine months of the year, we remain focused on executing our strategy with discipline, agility, and a strong sense of direction—aware of the challenges around us, but even more committed to the opportunities ahead,” said Ruffini.
Fibre2Fashion News Desk (SG)
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