Donatella Versace will form a joint venture with e-commerce retailer Revolve Group to launch an as-yet-unnamed fashion and beauty brand, where she will serve as chief creative officer. Revolve Group, listed on the New York Stock Exchange since 2019, has posted double-digit net sales growth across its Revolve and Fwrd platforms for three consecutive quarters. The company held $311.6 million in cash and cash equivalents and had no debt heading into late 2026. Versace was acquired by Prada Group last year for an enterprise value of 1.25 billion euros.

Salvatore Ferragamo reported a net profit of 1.5 million euros for the first half of 2026, reversing an adjusted net loss of 16 million euros a year earlier. Adjusted operating profit rose to 20.9 million euros, compared with an adjusted operating loss of 2.9 million euros in the first half of 2025. First-half revenue slipped 1.3% to 467.8 million euros, while second-quarter revenue increased 2.4% year on year to 259 million euros, or 4.6% at constant exchange rates. The results point to a marked recovery in profitability despite a mixed demand backdrop across regions.

Canada Goose reported first-quarter results for the period ended June 28, with total revenue rising 10.3% year over year to $118.9 million. Operating loss narrowed 34.6% to $103.8 million, while net loss was $90.8 million, or 93 cents a diluted share. Direct-to-consumer revenue increased 8.6% to $84.8 million, driven by stronger performance in Asia-Pacific and North America. The stock rose 0.8% to $9.32.

Brunello Cucinelli raised its 2026 guidance and said it expects revenue to rise about 10% in 2027. First-half 2026 revenue reached 7.494 billion euros (+9.5%), while EBIT rose to 1.282 billion euros (+12.6%) and the EBIT margin improved to 17.1%. The Americas and Asia delivered growth of 13.6% and 10%, respectively, with Asia accounting for 28.7% of total sales. The results underscore the brand’s high-end positioning and growth visibility, directly benefiting its listed entity SUS.

Prada Group reported first-half 2026 revenue of 3.05 billion euros, up 11% year on year. Sales in the Americas climbed 30% to 572 million euros. Adjusted operating profit fell 14.3% and net profit declined 15.2% from a year earlier. The results point to resilient demand in key regions, while margins remained under pressure.

UK retailer Frasers Group disclosed in a regulatory filing that it has built a 4.2% economic interest in Burberry through call options. Burberry reported first-quarter sales of £455 million, up 5% year on year, while comparable sales also rose 5% for a fourth straight quarter of growth. Frasers Group has recently been active in European luxury, having made a hostile approach for Hugo Boss and holding a 26% stake in another company alongside a full takeover offer.

Perfect Corp. said Q2 2026 net income rose to $1.3 million (+518% YoY) as gross margins improved and operating losses narrowed, despite flat revenue of $16.3 million. Operating loss fell and total operating expenses declined from a year earlier. The company also confirmed a definitive agreement to go private through an acquisition by ProjectNY, which is controlled by its CEO, with shareholders to receive $2 in cash per share.