27 Sep 2025 | 5 Mins Read
Valentino negotiates with banks amid debt concerns
Flipitmoney
Valentino SpA is in talks with creditors to resolve debt covenants breached due to a slowdown in demand for luxury goods, citing economic uncertainty and rising tariffs. The company's debt-to-earnings ratio exceeded the threshold, requiring relief on its covenants. Valentino reported a 21% drop in Ebitda and a 2.8% decline in revenue in 2024, with net debt standing at €1.08 bn as of December 31.