City Chic Collective (ASX:CCX) has reported a solid trading update for the 26 weeks to Dec. 28, 2025, delivering global sales revenue of $69.2 million, broadly flat on the prior corresponding period.
ANZ continued to be the key growth driver, with revenue up 7.4% and trading gross margin dollars increasing 10.1%, supported by disciplined promotional activity and improved full-price sell-through.
Group trading gross margin rose to 62.2%, up 220 basis points, while average selling price increased 6.1%.
The group expects underlying EBITDA of between $6 million and $7 million, representing growth of 71% to 100% in the year-ago period, and inventory has been reduced 21% to $24.7 million following strategic actions to mitigate tariff risk.
The US business remained profitable despite lower sales from a deliberate reduction in inventory, while operating cash flow improved, leaving the group on track to be cash-flow positive in FY26.
City Chic ended the half with net cash of $5.4 million, no drawn debt, and an extended $10 million debt facility through to March 2028.