Spanish executive Pablo Sande has joined the London-based company. Ralph Toledano was named CEO last week after Paolo Riva exited the company.
The company has also committed to make all of its stores ecoeficient by the end of this fiscal year, a year before it initially planned.
Consumers’ saturation is one of the factors that has made the relationship between likes and number of followers of an influencer fall almost two percentage points so far this year, according to a report by InfluencerDB.
The French luxury conglomerate has acquired a minority stake in the sustainable brand, which until last year held a 50-50 joint venture with rival Kering.
The company is exploring different options, including a bankruptcy filing that could happen as soon as this month. The company is facing a liquidity crunch after rents of its flagship in New York doubled.
Turkey has overtaken Spain as Inditex’ biggest near-sourcing hub, according its last annual report. China is its largest supplier, with
The second largest Spanish fashion company, after Inditex, has allied with Leandra Medine to launch a new collection that will hit stores in October.
The brand inspired by basketball icon Michael Jordan grew 10% last year, reaching revenues of 3.1 billion euro. Now, the company is searching for new targets through premium products to reach where Nike can’t.
Marta Álvarez, daughter of late president Isidoro Álvarez, has taken the helm at the Spanish giant. Together with her sister, Cristina, she’s also the main shareholder of the group.
However, the San Francisco-based company disappointed the market and its shares shed 6% on Tuesday. Second-quarter revenues rose just 5%, reaching 1.3 billion dollars.
The retail chain, specialized in home wear and home textiles, has started to distribute bikinis and accessories such as sunglasses.
The company, owned by L Brands, will open its first full format store in the country at shopping mall Parquesur, owned by Unibail Rodamco.
After years of agony and an erratic path, the fashion company of the Dalmau brothers has sealed an agreement with the Italian industrial group Aeffe.
The company has signed a license agreement with Velmar, owned by Italian industrial group Aeffe, which controls brands such as Moschino, Alberta Ferretti or Pollini.
43% of Spanish Internet users would buy an online product if the payment process were more facilitated as a shopping experience.
From the new CEO of Inditex and Pandora to the incorporation of new profiles in Nike or Coty, the sector has shaken its heads at the start of the year.
The British fashion company will incorporate Helen Weir as a senior independent director and Alastair Miller as chair of the audit committee.
Fashion retail in the Eurozone contracts its revenues for the second month in a row after falling 4.3% in April, according to the latest data from the European statistics agency Eurostat.
The group's new logistics center, which will be located in the Dutch city of Rotterdam, will also provide Belgium, the Netherlands and Luxembourg.