Italian luxury company has explained that is planning to rationalize its appearance in multi-brand channel due to “the fragmentation of the wholesale market”.
Companies
Luciano Benneton, who resumed company’s management last year, has explained that the corporation has registered red numbers worth less than 100 million euros in 2018, in front of the losses of 180 million of previous year.
British department store group has explained that will remove 47 job posts after fashion and home division reorganization.
The Spanish giant has joined the wave of making customer service more customized, with the creation of the possibility of answering clients’ doubts through this social network.
Austrian spinning manufacturer will use this technology to guarantee transparency and traceability of its material to make fibers.
French conglomerate wants to counteract falsification’s effects and online fraud with online’s platform Aura, which is planning to extend to all its brands.
British luxury company has explained that is planning to transform its commercial network in order to convert their stores into luxurious destinations. The group has already closed some points of sale in Spain and Brazil.
Japanese clothing and sport equipment group and German outdoor clothing weaver join forces with British company to develop a technology to recycle textile material.
The Swiss luxury cluster has explained that the obtained result on the exercise is because of Ynap’s share appreciation before takeover bid.
Fast Retailing’s chain has announced the opening of a store in Spain next autumn, consolidating its European strategy.
E-commerce German platform has estimated the loss of an amount between 20 to 30 million transactions, 1,000 million euros, due to the lack of stock.
E-commerce British platform registered a 174 million pounds (224.1 million euros) billing in the first three months of exercise.
British luxury group has ended 2018 exercise with a volume of business of 2,720 million pounds (3,503 million euros), 0.4% less than previous year.
All economic news of the key fashion companies worldwide.