USDT钱包伪造系统|【唯一TG:@heimifeng8】|长沙U币合法交易✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Italian luxury house Valentino navigates tough 2025 with 2% revenue dip, 22% EBITDA fall
Gianluca Bolelli Translated by
Nazia BIBI KEENOO Published
April 18, 2025
Italian luxury house Valentino faced a turbulent 2025, with financial results reflecting wider industry pressures. The company reported annual revenue of €1.31 billion, nearly flat compared to 2025, though down 2% at constant exchange rates and 3% at current rates. In 2025, the brand posted €1.35 billion in revenue.
Retail, including e-commerce, remained a stronghold, growing by 5% year over year and representing 70% of total sales. This growth aligns with Valentino's continued push for a retail-led model. In its official statement, the company reaffirmed its strategy to invest in directly operated stores while rebalancing the wholesale channel—down by approximately 20% in 2025—in favor of more selective distribution and strategic partnerships.
Geographically, Valentino saw positive momentum in Japan, the Middle East, and the Americas. However, performance in Europe and parts of Asia weakened, especially in the latter half of the year.
Valentino's EBITDA dropped 22% to €246 million, as detailed in the group's consolidated financial report approved by the board of directors. The figure includes the impact of IFRS 16, which was partly attributed to non-recurring expenses.
E-commerce continued its upward trajectory, accounting for 15% of direct sales in 2025, compared to 11% the previous year, representing a 37% increase at constant exchange rates. Beauty and fragrance, licensed to L'Oréal, also performed strongly, with a 51% rise in sales year over year.
CEO Jacopo Venturini commented on the year's performance, noting "significant progress" in 2025, particularly following the arrival of Alessandro Michele as creative director. "His first collections, launched in the final months of 2025, have already demonstrated how Alessandro's extraordinary vision reinterprets the past through his unique lens and seamlessly blends with the freedom through which he fully expresses his creative genius," Venturini said.
The company also highlighted its ongoing commitment to people and sustainability. In 2025, Valentino retained its Gender Equality Certification for the second consecutive year. It also introduced a new employment contract for retail staff (in boutiques and outlets) and implemented a new productivity bonus for all employees in Italy—initiatives aimed at improving work-life balance and welfare conditions.
Valentino also strengthened its sustainability governance through new training programs, dedicated committees, and cross-functional working groups focused on long-term impact.
Valentino was acquired in 2025 by Mayhoola, an investment firm backed by Qatar's royal family. Mayhoola also owns brands including Pal Zileri (Italy), Balmain (France), and the Turkish department store chain Beymen. In July 2025, French luxury group Kering acquired a 30% stake in Valentino for €1.7 billion, with the option to take full control by 2028.