28 jun 2018 - 17:02
The French luxury group, owner of brands such as Louis Vuitton, Loewe and Kenzo has decided to sell its stake in the business back to the brand founders. The eco fashion label was founded by Ali Hewson.
Companies
27 jun 2018 - 16:15
The group, owned by Li&Fung since 2000, holds the licenses of brands such as Under Armour, Kenneth Cole and Juicy Couture, and owns the Frye and Spyder labels, among others.
27 jun 2018 - 10:00
The Spanish fashion group, owner of retail chains Cortefiel, Pedro del Hierro, Springfield and Women’secret, ended its last fical year with a turnover of 1.15 billion euros.
26 jun 2018 - 17:29
The Japanese fashion retailer, owned by Fast Retailing, will open its first shop in Denmark next spring, expanding its presence across nine European markets.
26 jun 2018 - 16:58
Darcy Penick will return to Neiman Marcus-owned department store group, where she already worked in the past. Previously, Penick also held positions at Saks Fifth Avenue.
26 jun 2018 - 11:00
Mike Shearwood has quitted after an investigation carried out due to “complaints of conduct contrary to the family-owned company’s code of business ethics”.
25 jun 2018 - 10:00
The company, which works for Western luxury brands like Chanel, Louis Vuitton and Christian Louboutin in the region, currently manages 650 stores in fourteen countries in the Middle East.
22 jun 2018 - 16:46
The owner of Gucci, which sold its stake in Stella McCartney a few months ago, is focusing its group strategy on luxury. The company is also looking to sell sportswear brand Volcom.
22 jun 2018 - 10:00
The company has appointed Mario Coll, founder of Spanish handbags brand Misako, as new country manager for the Chinese market. Coll will be based in the Asian country.
21 jun 2018 - 18:00
The company has just unveiled a new centre named Jewelry Design and Innovation Workshop close to its global headquarters in New York with the aim of accelerating the launch of new products.
21 jun 2018 - 17:10
Both companies have reached an agreement to test the capabilities of this technology to improve customer shopping experience and streamline operations.
20 jun 2018 - 17:52
The Swiss luxury group has delisted today Yoox Net-a-Porter from Milan’s Stock Exchange, following the takeover bid launched last March to gain back control. Earlier this month, Richemont bought second-hand watch ecommerce platform Watchfinder.
20 jun 2018 - 16:10
The American company, which restructured its store network last year, has appointed Johanna Uurasjarvi as design director. She will be in charge of the group’s eponymous label and Madewell.
19 jun 2018 - 18:10
The Swedish fashion retailer has reopened its store in the French capital with a space that enables consumers to repair their clothes, customize them or even to buy specific care products.
19 jun 2018 - 10:00
Clemente Hernández Sánchez joined the company in 2015, after working in luxury and watch groups such as Munreco, Loewe and Rosa Clará. The executive replaced Guillermo Padellano in the position.
18 jun 2018 - 17:45
The tech giant has reached an agreement with the Chinese ecommerce group to increase its footprint in fast-growing Asian markets. As a counterpart, JD.com will be supported by Google as it expands into Europe and the United States.
18 jun 2018 - 10:00
The Spanish group, owner of Zara, continued to reduce its number of stores in its domestic market, in line with what happened in previous quarters. However, the company also diminished its store count in several emerging markets.
15 jun 2018 - 17:32
Daniel Lee has been named the company’s new artistic director and will assume the role on July 1. The designer has previously worked for fashion groups like Céline, Balenciaga and Maison Margiela.
15 jun 2018 - 16:50
The Italian company started a new retail, wholesale and digital strategy two years ago to turn the business around, after registering a net loss in fiscal 2016.
15 jun 2018 - 10:00
Geronimo Chala will be based in New York and is reporting to Textil Lonia’s commercial director, Jaime Garmendia. Previously, the executive worked at Tesla, SMCP, Lacoste and Quiksilver.
14 jun 2018 - 18:00
The American fashion retailer has hired Neil Frisk, the person behind the relaunch of Australian surf brand Billabong, to lead the company’s on-going transformation process.
14 jun 2018 - 17:05
The company, owner of Carolina Herrera, Jean Paul Gaultier and Nina Ricci, has taken a majority stake in the Belgian group, founded by the eponymous designers. Van Noten will remain as a minority stakeholder.
14 jun 2018 - 10:00
The largest fashion retailer worldwide ended the first quarter with a gross margin of 58.9%, the highest since the third quarter of 2017, although sales increase hasn’t been as strong as in the past.
13 jun 2018 - 17:00
The Spanish group, owner of Zara and Bershka among other retail chains, posted 5.65 billion euros in revenues from February to April 2018. Profits reached 668 million euros during the same period.
13 jun 2018 - 16:55
Pilar López Álvarez will join the organ as an independent director and she will take the seat of Carlos Espinosa de los Monteros, whose term ends on July 15.
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.
