16 mar 2020 - 16:17
The Swedish company, which has presented its quarterly results today, has closed its stores in thirteen countries and is already anticipating an impact on its sales for the month of March.
Companies
16 mar 2020 - 16:02
The Swedish fashion retailer has reduced its sales in China by 24% in the period, which coincides with the surfacing and first weeks of the Covid-19 outbreak.
13 mar 2020 - 16:50
Aeffe has ended the 2019 financial year with losses of 12.3 million euros, while it has registered a revenue of 351 million euros. The group has not yet quantified the impact the coronavirus may have on their business.
13 mar 2020 - 16:13
The Italian company has reached sales of 916 million euros and shrank its profit to 46.3 million euros. Looking ahead to 2020, the group will review its strategy due to the potential impact of the coronavirus crisis.
13 mar 2020 - 16:04
The appointment will be effective once the sale of Victoria’s Secret has been completed. Wexner, who led the chain’s expansion, will remain a member of the board as chairman emeritus.
13 mar 2020 - 10:34
The American fashion retailer ended the year with a net result of 351 million dollars.
13 mar 2020 - 10:13
The American fashion retailer chain is studying the possibility of renting emblematic stores of its chains to third parties.
13 mar 2020 - 09:52
The company states that “it is not currently possible to provide a reasonable estimate” beyond the first quarter.
13 mar 2020 - 08:57
The company controlled by Thomas Meyer continues with its transformation plan, betting on the ecommerce and markets outside Western Europe.
12 mar 2020 - 18:03
The company owned by the French holding Kering has closed its productions sites until March 20 because of the coronavirus.
12 mar 2020 - 17:42
The Austrian viscose group ended the last year with sales of 2.1 billion euros (2.4 billion dollars) and a net profit of 114.9 million euros (130 million dollars).
12 mar 2020 - 17:33
The Belgian manufacturer of leather goods, Delvaux, is set to expand its footprint in the
American market with the opening of its first flagship store on Fifth Avenue.
12 mar 2020 - 17:12
The German fashion retailer chain assures that it does not expect a short-term normalization of the situation in other territories.
12 mar 2020 - 17:03
Gerald W. Ewans will retire on January 2, 2021 after 37 years with the company, the group has announced today. A substitute has not yet been named.
12 mar 2020 - 16:36
The Italian eyewear retailer has warned of a decline in the group’s sales in March, coinciding with the closure of stores and quarantine in Italy due to the coronavirus crisis.
12 mar 2020 - 16:02
The Italian fashion company focuses its growth on the European market and ensures that the coronavirus crisis will be temporary. The company grew by 8.6% and increased its profit by 4% in 2019.
12 mar 2020 - 09:00
The Spanish fashion retailer leaves behind three years in losses and earns 21 million euros ($24 million). The group has recorded sales of 2.4 billion euros ($2.7 billion).
11 mar 2020 - 18:23
Adidas has announced that its business in China has fallen between $908 million and $1.1 billion in the first three months of 2020.
11 mar 2020 - 18:04
The Italian group increased its net profit by 1.7%, to 92 million euros and invoiced 1.4 billion euros in 2019.
11 mar 2020 - 17:03
The professional beauty division, which includes Wella, Ghd or Clairol, could be sold for $8 billion.
11 mar 2020 - 16:01
The sports fashion company ended its last year with 23.6 billion euros (26.8 billion dollars) in revenue and with a profit of 1.98 billion euros (2.2 billion dollars).
11 mar 2020 - 09:00
Manel Adell, former leader of Spanish group Desigual, has left the board, following the exit of José María Castellano, former Inditex CEO, last year.
10 mar 2020 - 20:00
French luxury group is planning to open a new center in the country as part of its effots to improve traceability in its supply chain.
10 mar 2020 - 17:05
The analysts expect the epidemic to have a greater impact in Europe in the second quarter of the year, affecting the two largest European fashion groups.
10 mar 2020 - 17:00
Italian fashion group OTB, which also owns Maison Margiela and Marni, is keeping its target for 2020 despite the coronavirus epidemic.
Modaes Global - Companies | Economic news of fashion companies. All the economic news of the main companies in the fashion business in Spain and around the world. - Modaes Global.
