Eyewear group Marcolin delivered a steady performance in the first half of 2025, following a modest 1.2% uptick in the first quarter. The company reported net sales of €295.7 million ($339.1 million), reflecting a slight decline of 0.6% at current exchange rates and a 0.3% increase at constant rates. EBITDA totalled €52.3 million ($59.1 million), representing 17.7% of total sales.
Marcolin: stable first half, closed at €295.7 million – marcolin.com
The adjusted net financial position reached €323.1 million ($370.6 million), broadly in line with the €321.3 million ($368.5 million) recorded on December 31, 2024.
The company’s core markets remained the EMEA region, which generated €161.3 million ($184.5 million) in sales—up 7.3% at current exchange rates and 7.0% at constant exchange rates—and the Americas, which posted €98.7 million ($113.5 million) in sales, reflecting declines of 7.4% and 4.6%, respectively.
“The Asian market continues to represent high potential for the group, despite a temporary deceleration attributable to a different timing of supply from large distributors, recovering compared to the first quarter of 2025,” Marcolin stated in its press release.
In the first half of 2025, Marcolin signed a new licensing agreement with fashion brand Rag & Bone and renewed existing partnerships with Max Mara, Guess, Adidas, and Gant.
(€1 = $1.15)
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Gabriele Maggio has been officially appointed CEO of Twinset, under new owners Borletti Group and Quadrivio (the latter through its Made in Italy Fund II). As first reported by FashionNetwork.com in early December, Maggio has been confirmed as the new helm of the Carpi-based Italian womenswear label, sold in June 2025 by the Carlyle investment fund to the current owners, which share a 100% stake in Twinset.
Gabriele Maggio
Maggio has taken over from Alessandro Varisco, who left Twinset after 10 years in charge, a lengthy tenure during which Varisco was directly involved in the label’s sale, a process that Carlyle had embarked on prior to the pandemic.
Maggio’s appointment is part of the relaunch strategy deployed by Borletti Group and Quadrivio, aimed at consolidating Twinset’s position in the affordable luxury segment. A goal that will also be pursued through marketing and communication initiatives with a focus on digital. The new owners are keen to extend Twinset’s retail footprint, both by boosting its presence in the e-tail channel and by expanding in markets that are key for the label, like Spain, France and Eastern Europe.
“I’m excited to join Twinset at this crucial time in its journey,” said Maggio. “The brand has enormous potential, a unique creative heritage and a highly talented staff. Together with the new partners and the entire team, we will work to promote a new phase of solid, inspired growth, further strengthening the brand’s presence in the Italian and European landscape,” he added.
Maggio has joined Twinset after a stint of over a year and a half at Betty Blue, as the CEO of Elisabetta Franchi. He was formerly the president and CEO of Stella McCartney, spearheading the label’s international expansion and positioning it as a benchmark in sustainable luxury. Before that, he was managing director at Moschino, and held senior roles at Gucci, Bottega Veneta, Giorgio Armani and Prada.
“Gabriele’s arrival marks a crucial stage in Twinset’s new era,” said Maurizio Negro, president of Twinset, adding that “his in-depth industry knowledge, combined with his experience as a leader of international brands, makes him the ideal profile to marshal the company through this growth and transformation phase.”
“[Maggio’s] international experience and ability to lead creative and complex organisational teams make him the ideal leader to steer the company through this new phase, in which we want to fully exploit [Twinset’s] potential,” said Maurizio Borletti, partner and co-founder of Borletti Group. “We are sure that Maggio’s professionalism and vision will enable the brand to further consolidate its positioning and strengthen its presence internationally, in line with the fund’s investment strategy,” stated Alessandro Binello, CEO of Quadrivio.
Festive footfall is starting to build nicely as the journey to Christmas already looks being upbeat for retailers, according to data from both global retail solutions portfolio Sensormatic Solutions and MRI Software.
Over the latest weekend (13-14 December) footfall rose 4.4% week-on-week, Sensormatic’s ShopperTrak Analytics data, which captures 40 billion store visits globally each year, showed.
Shopper counts across last week also increased steadily, rising 3.6% on the week before (1-7 December vs 8-14 December). However, footfall across Saturday and Sunday remained lower than 2024, down 5.7% and 5.4% year-on-year respectively.
UK shoppers were expected to have made 20.6 million transactions over Friday and Saturday, 6.39% higher than 2024, according to separate figures from Nationwide,
While footfall rose 3.5% week-on-week last Saturday, Sunday was the top performing day for store visits across the weekend, with shopper counts jumping 5.7% on the week prior and High Streets seeing the biggest boost (+12%).
Andy Sumpter, EMEA Retail consultant at Sensormatic Solutions, said: “After a mixed start to Peak Trading and concerns that consumer caution could dampen consumers’ Christmas spirits, retailers will have welcomed the tempered but steady build in festive footfall last week.”
Super Saturday (20 December) is expected to be the busiest day for store footfall of the entire Peak Trading season, according to Sensormatic’s predictions. This year, consumers are expected to make 10.7 million transactions on Super Saturday as they rush to finish their Christmas shopping.
Sumpter added: “All eyes now turn to Super Saturday, undoubtedly one of the highest-stakes shopping days of the Christmas season. And, while a single day can’t carry the entire trading period, retailers will be hoping that early momentum continues to build towards the Christmas crescendo.”
Over at MRI Software, retail footfall remained strong last week (8-14 December) compared to the prior week with a 3.1% rise recorded across all UK retail destinations. This was mainly driven by a 5% rise in high streets and a 2.2% uplift in shopping centres, whereas retail park visits were flat on the week before
While declines were recorded across the board on Sunday (-9.7%) and Tuesday (-6.2%), both mostly down to bad weather, “this did little to hamper overall trends”.
However, footfall rebounded strongly as conditions improved, with visits jumping 10.7% on Monday and 11.5% on Thursday, driven largely by activity on the high street. This could suggest the festive events and attractions drawing visitors in as well as festive parties whether they be work or social led, it said.
This is also reflected in Central London footfall remaining 4.2% higher week-on-week and 7.1% higher year-on-year. However historic and market towns recorded annual declines of -3.3% and -3% respectively.
Shopping centres witnessed similar trends to that of the high street with visits peaking on Thursday by 10%. Retail parks saw sharp declines on Sunday (-8.6%) and Tuesday (-5.7%) but experienced relatively steady growth for the remainder of the week.
Compared to the same week last year, footfall remained 0.5% lower largely influenced by a drop in shopping centre (-3.1%) and retail park (-1.6%) visits. High streets bucked the trend and saw visits rise by +1.3%.
Puma must fill a key role in the sports company’s global communications as Kerstin Neuber is leaving the Herzogenaurach-based business after a total of 18 years. She most recently served as senior director corporate communications. According to Puma, Robert-Jan Bartunek (team head corporate communications) will assume her duties on an interim basis until a successor is appointed.
Kerstin Neuber is leaving of her own accord to pursue new professional challenges. – PUMA
Neuber is departing of her own accord to pursue new professional challenges. The company thanks her for “her great commitment and significant contribution in recent years.”
Puma said that Kerstin Neuber has played a key role in shaping its corporate communications. Among other responsibilities, she oversaw the strategic development and implementation of communications initiatives, served as corporate spokesperson, and led crisis and reputation management. She also coordinated the company’s international corporate PR activities and advised the Executive Board, management, and subsidiaries on strategic matters.
“We would like to express our sincere gratitude to Kerstin for her dedication, expertise and leadership,” said CEO Arne Freundt. “With her strategic approach and deep understanding of communications, she has helped to strengthen the company’s reputation and public presence. We wish her every success in her future endeavours.”
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