25 jul 2019 - 16:15
The Italian company has closed the first half of the year with a revenue of 570.2 million euros (635.3 million dollars), and a net benefit of 71.3 million euros (79.4 million dollars), 16% more.
Companies
25 jul 2019 - 16:00
International sales of the Spanish giant grew 6.7% in 2018. Foreign sales are already 5.4% of the group’s total revenue.
25 jul 2019 - 09:00
Inditex invested 1.6 billion euros (1.7 billion dollars) last year, from which 227 million where destined to research and development. On the other hand, H&M invested 1.2 billion euros (1.3 billion dollars).
24 jul 2019 - 19:00
French luxury conglomerate, owner of companies like Dior, Celine or Louis Vuitton, has registered a revenue of 25 billion euros (27.8 billion dollars) in the first half of its fiscal year.
24 jul 2019 - 17:35
Excluding acquisitions and divestitures, the revenue of the American group grew 9% in the first quarter of its fiscal year. China led the growth of the group with a rise of 1%.
24 jul 2019 - 16:50
Nancy Green, former president of Athleta joins Old Navy as its new president and chief creative officer.
24 jul 2019 - 16:30
The licensed parfums group for brands like Coach, Lanvin or Montblanc has registered sales for 238.4 million euros (266.6 million dollars) in the first half of the year.
24 jul 2019 - 16:15
The lingerie company, owner of brands Undiz, Madison 123, stated that the founder of Ysé will continue in the company.
24 jul 2019 - 16:00
So far, American companies could only buy through the b2b platform of the group, representing one third of the buyers.
24 jul 2019 - 10:35
The Mexican department store group scored an ebitda of 452.9 million dollars between January and June.
24 jul 2019 - 09:00
Violeta Andic will be relieved by Laura San Martín, up until now responsible for the outlets of the Spanish company. Carlos Costa, on the other hand will not be replaced.
23 jul 2019 - 18:00
The British platform has added to its highest body of administration Bradley Horowitz, vice-president of product management for Google to its board of directors.
23 jul 2019 - 16:15
The company has acquired Calzaturificio Re Marcello, that counts with a factory in Vigevano, near Milan.
23 jul 2019 - 16:00
The New York department store stated last week that was actively seeking for opportunities to “reinforce its balance sheet and ensure its long-term growth”.
23 jul 2019 - 09:00
The bridal fashion group, owned by investment BC Partners, will implement after August a new structure in its design team to respond to its international growth though acquisitions and its own brands.
23 jul 2019 - 08:57
The company lead by Alfonso Cirera adds to its team Pamela Meyers, that will be based in San Francisco. Nylstar will close 2019 with sales of 10 million and positive ebitda.
22 jul 2019 - 16:50
The Swedish company has sealed an alliance with the Chinese fashion designer months after the group reinforced its presence in the country with the arrival of &Other Stories in Tmall.
22 jul 2019 - 16:35
The French company has named Elisabeth Cunin that counts with a long trajectory in the market working for companies such as LVMH, Etam or Comptoir des Cotonniers, amongst others.
22 jul 2019 - 16:20
The perfume company has started with Queendom, launched by the accelerator Piug Futures.
22 jul 2019 - 16:00
The fund was acquired with 40% of the company in 2010 for 32 million pounds, the new valuation of the group is estimated in 300 million pounds (375 million dollars).
22 jul 2019 - 10:00
Natura bought Avon, Permira acquired sustainable brand Reformation and Roberto Cavalli finally changed hands. Will the shopping spree keep it up in the second half? A couple of deals are already in the pipeline.
19 jul 2019 - 10:00
The parent company of Zara is the one that has closed the most stores, although it also opened the most in this period. H&M, on the other hand, closed only 488, although it has accelerated its reorganization in the last years.
19 jul 2019 - 09:57
In the last months, Vente Privee has imposed its name and its geographic strategy to the four platforms it bought in 2016. Yesterday, it sold Privalia Mexico to Grupo Axo.
18 jul 2019 - 10:05
The pure player is specialized in selling stocks online and operates also in Brazil, Italy and Spain, its local market. Since 2016 its owned by French group Vente Privee, now Veepee.
18 jul 2019 - 10:00
Eva Serrano, until now commercial director of the group in Asia, will assume the direction of Chinese market.
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.
