Americas D2C Growth
The Americas Direct-to-Consumer (D2C) market returned to growth in the second half of FY '25, setting momentum for FY '26 despite smaller D2C months.
Significant Debt and Inventory Reduction
The company reduced net debt by GBP 95 million and inventory by GBP 67 million, surpassing the original goal of GBP 40 million.
Cost Savings and Balance Sheet Strengthening
Implemented a cost action plan resulting in GBP 25 million of annualized savings and a stronger balance sheet.
Positive APAC Performance
Continued strong year-on-year growth in Direct-to-Consumer sales in Japan, South Korea, and China, with South Korea noted for particular strength in Q4.