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Lease liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Lease liabilities [abstract]  
Schedule of Breakdown for Lease Liabilities
The following table provides a breakdown for lease liabilities.
(€ thousands)20252024
At January 1,661,685593,725
Interest expense26,99623,659
Repayment of lease liabilities (including interest expense)(174,667)(167,208)
Business combinations649
Additions due to new leases and store renewals285,444195,955
Decrease of lease liabilities due to store closures(16,969)(7,867)
Translation differences(51,549)23,421
At December 31,731,589661,685
Of which:
Non-current590,652518,728
Current140,937142,957
Schedule of Lease Liabilities by Maturity Date
The following table summarizes the lease liabilities by maturity date:
(€ thousands)At December 31,Year 1Year 2Year 3Year 4Beyond
2025731,589140,937122,545105,79892,262270,047
2024661,685142,957114,935100,48478,023225,286