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The global fashion business journal

Apr 8, 202010:27am


h By P. R. D. / C. D. A.
Apr 6, 2020 — 4:00pm
h By C. J.
Mar 27, 2020 — 2:00pm
Pandemics, a risk for fashion? <br> Only Gap saw it coming

Companies like Inditex or H&M consider supply chain disruptions, changes in consumer behaviour or currencies as more likely risks than a pandemic.

h By Mds
Mar 19, 2020 — 8:00pm
Luxury stranded in Europe: Hermès and Chanel close their factories

Hermès has closed its 42 production plants in France except for Vaudreuil, where it produces its perfumes, which will now produce disinfecting gels.

h By Mds
Mar 19, 2020 — 5:00pm
40% of Burberry’s stores worldwide are currently closed. The company has announced additional closings in the upcoming days.
h By Mds
Mar 19, 2020 — 4:27pm

The American fashion retailer reached sales of 2.7 billion dollars during the fiscal year 2019 driven by the European market.

Mar 19, 2020 — 9:00am

The inventory provision of 287 million euros due to the impact of the pandemic tarnishes the final sprint of the year for Inditex, which has recorded its largest growth in sales in its fourth quarter since 2016.

h By MDS
Mar 18, 2020 — 7:03pm

The Italian luxury company reached sales of 3.2 billion euros ($3.5 billion) in 2019 and has recorded a net income of 256 million euros ($280 million).

h By MDS
Mar 18, 2020 — 5:05pm

The company will allocate 350 million dollars to raise the salary of its employees to boost hiring in order to help meet coronavirus-related orders 

h By MDS
Mar 18, 2020 — 5:03pm

The British retailer has filed for administration putting 2,700 jobs at risk. It has ceased trading on the London Stock Exchange. 

h By MDS
Mar 18, 2020 — 4:43pm

Gap announced that starting tomorrow all of its stores in North America will be closed. So far, Macy’s, Kering, Nike or Hudson’s Bay, among others, have also taken the equivalent measures. 

h By MDS
Mar 18, 2020 — 4:08pm

Footlocker revises its outlook for 2020, a year in which the company expected to grow by 5% year-on-year and closes stores across North America, Europe, Africa, and the Middle East. 

h By MDS
Mar 18, 2020 — 4:01pm

Kering, Tiffany, Hudson’s Bay, Douglas, Selfridges, and Nordstrom have joined the growing list of retailers that have closed their stores to combat the spread of the coronavirus among the public. 

h By MDS
Mar 18, 2020 — 8:54am
Between February 1 and March 16, the sales of the Spanish company fell by 4.9% due to the coronavirus crisis 
h By MDS
Mar 18, 2020 — 8:16am

At the end of 2019, the company achieved a net result of 3,639 million euros, while sales have risen to 28,286 million euros. 


h By MDS
Mar 17, 2020 — 7:23pm
Adidas joins a growing list of major retailers who have also taken the decision to close their stores over the coronavirus,  

All economic news of the key fashion companies worldwide.