
Sports specialist Macron sees surging revenues as Europe, UK and US boom
It saw total revenues of €107 million, up from €93 million for the same period last year and only €79 million in H1 2023. The Bologna-based firm's H1 revenue rise was 14.7% year on year for the half and 30% on a two-year basis.
And for the full year it expects record revenues. It didn't put a monetary figure or percentage on that but last year's annual revenue reached €223.6 million.
Its sales are increasingly derived from markets outside of Italy and as well as the UK being hugely important to it, the company has seen 'significant growth' in Germany and the US.
And it added that growth has also been driven by investments in the Macron Campus with construction having begun on the fourth building that will further increase the company's overall operational capacity.
For instance, German revenues rose 45% in the period and US revenues — while coming from a low starting point — were up by an even bigger percentage. They rose from €1.4 million in H1 2024 to €5.4 million in H1 2025. That was helped by the opening of the new distribution centre in Connecticut in 2024, which it said 'further demonstrates Macron's ability to achieve its growth objectives even in macroeconomic environments marked by volatility'.
It's also a further sign of how smaller players in the sportswear market are challenging the dominance of much bigger global names.
CEO Gianluca Pavanello said: 'The results achieved in the first half once again confirm the soundness of our growth path and the value of the strategic choices made in recent years, particularly in terms of internationalisation and our unwavering commitment to product quality.
'Our expansion into complex markets shows that our model based on innovation, sporting passion and attention to detail is appreciated worldwide. At the same time, the ongoing investments in the Macron Campus are essential to supporting this growth: we want to keep improving, looking to the future with ambition, convinced that beautiful things are created in beautiful places.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Euronews
an hour ago
- Euronews
German government urged to start proper supervision of AI
ADVERTISEMENT German consumer groups and regulators have called upon the government to formally appoint a national authority to begin oversight of artificial intelligence providers. Germany missed the EU deadline of 2 August to notify the European Commission which market surveillance authorities it has appointed to oversee business compliance with the AI Act. The local regulators once appointed will then keep an eye on local providers of AI systems, ensuring they follow the Act. The Hamburg data protection commissioner, Thomas Fuchs, called on the federal government to quickly designate the AI market surveillance authorities – which in some areas also include the data protection supervisory authorities. "Due to the delay, companies and authorities are now missing their binding contact person for questions about the AI regulation. This is also a disadvantage for Germany as a location for AI innovation," Fuchs said. These concerns were echoed by Lina Ehrig, head of digital at the Federation of German Consumer Organisations (VZBV). Without supervision, companies could use AI to manipulate consumers or exploit individual weaknesses, for example via real-time voice analysis in call centres, VZBV warned. 'There needs to be a supervisory authority that keeps an eye on this and acts against violations. That hasn't happened so far," says Ehrig. According to a Commission official, some of the 27 EU member states have sent notifications about the appointments – which are now under consideration – however, it seems that most member states have missed the deadline. Euronews reported in May that with just three months to go until the early August deadline, it remained unclear in at least half of the member states which authority will be nominated. Despite the lack of national regulation, the Hamburg data watchdog said it started building capability and training personnel for the complex tests of AI systems to be ready for the moment of legal designation. The regulator earlier this year asked Meta questions about its AI tools. The AI Act entered into force in August 2024, but the provisions start to apply gradually. This month, national authorities need to be appointed, and rules on general purpose providers – such as ChatGPT, Claud AI and Gemini – start to apply.


Fashion Network
4 hours ago
- Fashion Network
Gucci staff in Italy take industrial action over welfare payment dispute
Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering -owned brand of denying them a welfare bonus, Italian trade unions said on Tuesday. Around 1,000 retail and logistics employees across Italy declared a "state of unrest", the unions said, which under Italian labour laws is a form of industrial action that can lead to strikes. The Filcams Cgil, Fisascat Cisl and Uiltucs unions said in a joint statement that they might announce potential action at a later stage. Gucci did not immediately respond to an emailed request for comment. The unions said that Gucci had previously given them assurances regarding the payment of a welfare bonus for 2025, as set out in an agreement for the 2022-2024 period. They claim that this agreement remains valid in the absence of a new deal. However, Gucci now wants to tie the welfare payment to a broader review of incentive schemes for the 2022-24 period, unions said, rejecting the proposal as unacceptable. "The company (...) has only wasted precious time, making a mockery of the workers who dedicate themselves daily in stores and have been waiting, and continue to wait, for the welfare payment," their statement said. Florence-based Gucci is Kering's star brand, but it has struggled with falling sales in recent years, dragging down the entire French luxury conglomerate which is now pinning its turnaround hopes on new CEO Luca de Meo.


Fashion Network
4 hours ago
- Fashion Network
Hugo Boss to raise prices globally amid rising US tariffs
German fashion house Hugo Boss AG plans to raise prices globally, partly to cushion the impact from higher US tariffs. The company will introduce moderate price adjustments with the upcoming Spring 2026 collections, chief financial officer Yves Müller said on a conference call Tuesday. China, where Hugo Boss faces particularly subdued demand, is excluded from the hikes. 'I think we have been very humble,' Müller said, citing 'very moderate' price action over the last four to five years. 'We are really focusing on a very good price-value proposition.' The move follows price hikes in the US by other companies, including Hermès International SCA, Adidas AG, and Nike Inc. Overall, Hugo Boss's US exposure is lower than many rivals, Müller said, with the country accounting for about 15% of annual sales. About half of its US products are sourced from Europe, particularly Turkey, for which US President Trump announced a 15% levy on imports, while less than 5% come from China. Hugo Boss shares rose 0.4% at 1:15 pm in Frankfurt after posting better-than-expected earnings in the second quarter and confirming its full-year guidance. Chief Executive Officer Daniel Grieder, who has repositioned Hugo Boss for a younger audience, is seeking to reignite growth with strict cost control. His revamp plans faced some setbacks last year as consumer spending weakened in key markets. 'Quite clearly, Boss's overachievement on cost discipline is becoming a material defensive boost at a time of heightened tariff/macro uncertainty,' Jefferies analysts including Frederick Wild said in a note.