Isabel Marant - steadying the ship - Model Update

Please find our updated analysis on Isabel Marant here.

We continue to sound like a broken record. Despite marginally improving numbers, we remain uninvested in the Isabel Marant bonds. We maintain our

Tomás Mannion1 December 2025ISABEL MARANT

Isabel Marant - comment

Isabel Marant reported another solid set of Q3 results, continuing the positive momentum seen in recent quarters. Growth in the Wholesale segment has

Tomás Mannion28 November 2025ISABEL MARANT

Isabel Marant - comment

LLVMH reported 1% organic sales growth in the third quarter, a rebound from previous declines, with its Fashion and Leather Goods division, the largest and

Tomás Mannion15 October 2025ISABEL MARANT

Isabel Marant - Truth is in the docs

Please find our updated analysis on Isabel Marant here.

Isabel Marant remains a frustrating name for analysts. The bond documentation is extremely porous, and with limited control over the

Tomás Mannion25 September 2025ISABEL MARANT

Isabel Marant - comment

Progress at Isabel Marant remains uneven. While there has been notable advancement in the retail segment, the overall performance continues to be constrained by the

Tomás Mannion11 September 2025ISABEL MARANT

Isabel Marant - comment

Headline figures show a modest decline in LTM EBITDA, primarily driven by increased marketing expenditures and the impact of

Tomás Mannion28 May 2025ISABEL MARANT

Isabel Marant - comment

Sell SideTomás Mannion29 April 2025ISABEL MARANT

Isabel Marant - comment

A stronger performance in wholesale has resulted in Isabel Marant posting stronger than expected Q4 and FY24 numbers. The wholesale segment (B2B) continues under

Sell SideTomás Mannion28 April 2025ISABEL MARANT

Isabel Marant - comment

Prada has agreed to buy Versace for $1.375bn or 1.3x LTM March 2024 LTM Revenue. Prada has at least benefitted from the tariff debacle, with

Sell SideTomás Mannion11 April 2025ISABEL MARANT

Sarria: Tariff Terror - what it means for every name

As tariffs continue to influence market dynamics, we've taken a comprehensive look across our coverage to highlight the names most likely to be affected. For full transparency, we've also included those that remain unaffected—it's just as important to understand where the impact isn't being felt.

The idea here is