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The global fashion business journal

Dec 12, 201912:36pm

h By Christian de Angelis
Dec 12, 2019 — 9:00am

The group got a gross margin of 60.8% from August to October, three tenths more than in the same period of 2018, and evolves in profitability better than its rival H&M.

Inditex beats H&M, highest profitability since 2014
h By C. J./ D. G.
Dec 12, 2019 — 8:57am

Between Thursday and Friday, the European Commission will approve the European Green Deal, which aims to implement measures to make Europe climate neutral.

h By Andrea C. Rosales
Dec 12, 2019 — 8:54am
Petri Alava (Infinited Fiber): “There has been little innovation in textile”

Alava has been leading Infinited Fiber company since 2016, owned by H&M and specialized in a technology to produce new natural fibers from waste.

h By mds
Dec 11, 2019 — 7:01pm

Pascal Baltussen will assume his position on January 1 and will report directly to Coty’s CEO Pierre Laubies. Last November the cosmetics company appointed Richard Jones, former Kering as global chief supply officer.

h By mds
Dec 11, 2019 — 6:48pm

Paul Price leaves the company, that ended its fiscal year 2018 with losses of 138 million pounds (170.2 million dollars) after avoiding bankruptcy. It is not clear whether the company has begun the search for a replacement. 

h By mds
Dec 11, 2019 — 6:18pm
Denim Première Vision visitors rate drops 15.5% in its last edition

The trade show specialized in denim, which took place between December 3 and 4 at the London Printworks London, welcomed 1,979 visitors.

h By mds
Dec 11, 2019 — 5:47pm

Analysts believe that the problem of the Chinese company’s debt is related to the acquisitions made by the company in the last ten years, which have meant paying out 40,000 million yuan (5.6 billion dollars).

h By mds
Dec 11, 2019 — 5:16pm

The American company has opened its fourth store in the United Kingdom in one of the largest shopping malls in Europe, Westfield London.

h By Mds
Dec 11, 2019 — 4:57pm

Zara’s parent company reached a revenue of 1.2 billion euros (1.3 million dollars) in the third quarter.

 

h By mds
Dec 11, 2019 — 4:56pm

Lange is the chief executive officer of Mentis, the software company she founded in 2013. The executive is also member of the board of Orange, Pernod Ricard, amongst others.

Inditex hires more digital talent: appoints Anna Lange to the board
h By mds
Dec 11, 2019 — 4:21pm

The company plans to expand its selling space between 5% and 6% and estimates that the contribution of the new space to the growth of the group will be around 3%.

Inditex confirms full year 2019 outlook: like-for-like sales to grow 6%
h By mds
Dec 11, 2019 — 4:20pm

Zara was the chain of the group with more openings in the period with 16 new stores. Stradivarius opened 12 and Bershka and Oysho opened ten each.

Zara, Stradivarius and Bershka lead Inditex openings in the third quarter
h By mds
Dec 11, 2019 — 4:19pm

Zara was the chain with most openings in the third quarter, followed by Stradivarius, with 12 new stores and Bershka and Oysho with ten new stores each.

Inditex completes landing in the US with online launch of Uterqüe and Stradivarius
h By I. P. G.
Dec 11, 2019 — 9:00am

The company, which supplies to H&M, Inditex, Mango, Kering or LVMH, has grown 18% per year since 2012 and plans to grow 8% this year.

h By P. R./ I. P. G.
Dec 11, 2019 — 8:57am
Spanish Mango negotiates its comeback to Morocco with Nike’s partner in Africa

The Spanish company is in conversations with the Maltese group Hudson to open stores in the main cities of the country.

h By C. J.
Dec 11, 2019 — 8:54am
h By mds
Dec 10, 2019 — 7:16pm

The luxury company, owned by French luxury holding LVMH, has opened a store at 76 Green Street in Soho, New York.

h By mds
Dec 10, 2019 — 6:47pm
Marc Jacobs and Safilo sign early license renewal

The group has renewed the license of the company owned by LVMH after ending licenses of Dior in September, and Gucci in 2016.

h By mds
Dec 10, 2019 — 6:30pm

The German luxury online retailer will launch its menswear in January 2020 and it will have an offer of 120 brands.

h By mds
Dec 10, 2019 — 5:55pm

The Swedish fashion retailer wants to reduce its greenhouse gas emissions into the atmosphere throughout its value chain in 2040.

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