Manolo Blahnik closed the 2025 fiscal year with sales of €83,5 million. This represents a decline of three percent, or one percent adjusted for currency fluctuations. The business was particularly impacted by payment difficulties and the insolvency of its key US retail partner, Saks Global.
In contrast, the direct customer business performed well, growing by 14 percent. Adjusted EBITDA fell by 36 percent to €5,4 million, partly due to investments in new businesses. The company recorded a pre-tax loss of €1,6 million.
Manolo Blahnik is therefore further expanding its own retail and online business. Recent openings include locations in Miami, Milan, Costa Mesa, and Beijing. The luxury brand also launched an online shop for the Chinese market. According to the company, direct sales again achieved double-digit growth in the first half of 2026.
