Italian luxury group Valentino reported lower sales and earnings in 2025 from the previous year, while its net debt increased, a company filing showed on Tuesday. Revenue fell 15% to €1.12 billion, while earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 41% to €174 million, the filing said. Net debt rose to €1.13 billion at the end of 2025 from €1.08 billion a year earlier, it added. Valentino is controlled by Qatar-backed Mayhoola, which owns 70% of the company, while French luxury group Kering holds the remaining 30%. The fashion house has been facing a slowdown in luxury demand and in November received a €100 million capital injection from Kering and Mayhoola to shore up its finances after it breached loan covenants earlier in the year.
