The demographic change towards an ageing population in the developed markets is a phenomenon that has been seen in recent decades, although now, due to the increase of the living standards, emerging countries are also joining that trend.
The company, which was born in 2019, closed a new investment round led by Franklin Templeton Investments and Brain Capital Ventures.
The trade war between China and the United States is accelerating the search for bilateral agreements to avoid it. This year, two big treaties have entered into force, the Trans-Pacific Partnership and the EU-Japan Economic Partnership Agreement.
The company L Brands continues leading the market of intimate in the United States, but has distanced from a customer that does not want its angels, its fashion shows, nor its push-ups anymore.
The French investment group has sold all its shares of the Italian company of high-end outdoor items, which represented 4.8% of its capital, at a rate of 36.5 euros
The Spanish giant of fashion distribution signed an agreement with the Massachusetts Institute of Technology (MIT) to jointly develop technological research lines.
The British e-commerce group registered sales of 1.28 billion pounds (1.49 billion euros) between August and February.
The executive took the reins of the Italian group after sixteen years in Inditex, where he became general manager at Bershka since 2011. Agnolin will leave office in Diesel on March 28.
With fashion languishing in mature markets, the Spanish giant has to take another twist if it wants to maintain the growth rates. Purchases are seen as the fastest and most effective option.
A wave of brands has left its flagship stores in what was the most expensive street in the world to open a commercial business, pushing down the rents.
The Swedish company, number two in the world ranking of fashion distribution by revenue, has concluded the first three months of fiscal year with a revenue of 51.01 billion Swedish crowns (4.85 billion euros).
The company has opened more points of sale in the last four years than in the previous six. Today, the group will open a new store in Hudson Yards.
The group ended the last quarter of fiscal year 2018 with a 2.04% drop compared to the same period of 2017. Sales, meanwhile, increased, so profitability fell.
The Italian group registered a revenue of 1.34 billion euros in its last fiscal year, while its net profit stood at 90.1 million euros.
The US company specialized in sports fashion and equipment obtained a 102.5 million dollars profit and its sales stood in 2.49 billion dollars.
All economic news of the key fashion companies worldwide.
