h By MDS

Feb 27, 2020 — 7:14pm

JC Penney deepens loses by 5% in 2019

The department store has also reduced its sales by 8.1%, with a revenue of 10.7 million dollars.

h By MDS

Feb 27, 2020 — 6:54pm

Steve Madden earns 6.9% more and grows 3% in 2019

The company reached sales of 1.8 billion dollars and a net income profit of 147 million dollars in the last year.

h By MDS

Feb 27, 2020 — 6:23pm

Mexican chain of department store El Palacio de Hierro grows 5% in 2019

The company has boosted its business in its local market with 3,000 million Mexican pesos of investment.

h By MDS

Feb 27, 2020 — 5:06pm

Shanghai finds loophole: teams up with Alibaba to broadcast fashion week online

Postponed Shanghai Fashion Week will collaborate with the giant Alibaba Tmall to broadcast the autumn-winter 2020 fashion shows, which have been canceled due to the coronavirus epidemic.

h By MDS

Feb 27, 2020 — 4:43pm

Uno de 50 to expand international footprint with 20 openings in 2020

The Spanish Jewelry company expects to boost its international business in 2020 by strengthening its presence in the United States, United Kingdom, Asia and on platforms such as Zalando.

k Spanish jewelry brand Uno de 50 takes a leap in the US and enters Macy’s

h By MDS

Feb 27, 2020 — 4:03pm

Jimmy Choo’s long-time CEO, Pierre Denis exits company after 8 years

The British fashion house, Jimmy Choo, that specializes in luxury shoes is bidding farewell to its eight-year CEO, Pierre Denis, the executive who took the company public.

h By MDS

Feb 27, 2020 — 10:01am

Zalando exceeds €6.5 billion in 2019 and shifts to luxury

The German ecommerce platform has increased its sales by 20.3% in 2019, up to €6.5 billion (7.1 billion dollars), and skyrocketed its profit by 94%.

h By F. Tatiana. Ngo Bii

Feb 27, 2020 — 9:00am

Skechers expands footprint in London to boost international sales

h By C. JUÁREZ

Feb 27, 2020 — 8:49am

Italy: coronavirus threatens fashion’s epicenter

The country faces a probable technical recession due to the coronavirus crisis, which mainly affects tourism and exports, sectors that drive the country’s economy.

h By P. R. D.

Feb 27, 2020 — 8:08am

Portugues Parfois signs a former Mango and Tous exec

The company has set itself the goal of fortifying its presence in Latin America, Spain, Italy and Portugal in 2020, a year in which it expects to grow 20%.

h By MDS

Feb 27, 2020 — 4:03am

L Brands weighed down by Victoria’s Secret: 10% decrease in Q4

The American giant recorded a full-year net loss of $366.4 million compared to the $643.9 million of last year. Victoria’s secret equally registered a 10% decrease in the fourth quarter for both stores and direct and stores only.

h By MDS

Feb 26, 2020 — 6:11pm

M&A and fashion: only 41% of retail operations exceed one billion

The sector that leads the ranking of the biggest corporate operations that exceed the one billion dollars mark is health, according to the latest report published by the American consultancy, Bain & Company.

h By MDS

Feb 26, 2020 — 5:51pm

Mexican giant Liverpool grows 6.4% and triggers profit by 5.8% in 2019

The group of department stores recorded revenue of 8.2 billion dollars in 2018, while its profit was 672 million dollars, up by 5.8% compared to 2018

h By MDS

Feb 26, 2020 — 5:03pm

Hermès on a ceaseless rise: 15% growth and 8.7% increase in earnings in 2019

The French luxury company has registered a revenue of 6.9 million euros (7.5 billion dollars) in the last year. The group’s profit reached 1.5 billion euros (1.6 billion dollars).

h By MDS

Feb 26, 2020 — 4:43pm

The RealReal fortifies footprint: to open stores in Chicago and San Francisco

The company plans to expand its network of physical stores with the opening of two new stores in Chicago and San Francisco for the spring and summer season, respectively.