31 oct 2018 - 16:41
The American company has concluded the first quarter of the fiscal year (period ended the 30th of September) with a revenue of 3.52 billion dollars (3.1 billion euros).
Companies
30 oct 2018 - 17:29
Márcio Luiz Simões Utsch will be replaced in the position by Roberto Funari, who was in charge of Reckitt Benckiser and Imperial Brands.
30 oct 2018 - 17:13
The American giant, which has been led by a new CEO since October, has now hired by Michael Fung to lead the financial area temporarily.
30 oct 2018 - 10:00
The Spanish luxury brand, which is currently seeking a substitute for Josep Font, produced until now its prêt-à-porter line in Spain.
29 oct 2018 - 18:29
Lorena Mosquera, a Zara veteran, will replace Eva Cárdenas, who has lead the chain since its foundation and now is leaving the company for personal issues.
29 oct 2018 - 17:00
The broker points out three different threats: high structural expenses, devaluation of currencies in developing countries and the transparency of prices implied by the new web strategy.
29 oct 2018 - 16:02
The fashion distribution group, the third largest in the sector in Spain, registered a pre-tax profit of 38.9 million euros between March and August, contrasting with the loss of 272,200 euros during the same period of the former year.
29 oct 2018 - 12:00
The company recovers the position of a general manager and puts a financer in charge of the role again, underpinning once more the dichotomy finances-operations formula used during its golden years , when Enric Casi occupied the mentioned position in the firm from 1996 to 2015.
29 oct 2018 - 11:56
Isak Andic reintroduces the position which previously occupied Enric Casi. Daniel López and Jonathan Andic are maintained as executive vice-presidents, reporting to Toni Ruiz.
29 oct 2018 - 10:00
The jean fever in the second half of the last century led to the birth of companies such as Levi’s, Wrangler, Lee, Guess or Diesel. Now, after a few years of difficult business, all of them are benefiting that denim is back on trend.
26 oct 2018 - 16:45
The Swiss luxury group has signed an agreement with the Chinese company founded by Jack Ma to introduce Yoox Net-a-Porter in the Asian country through the launch of two mobile apps and the opening of an online store in Tmall.
25 oct 2018 - 18:02
The footwear company, owned by VF Corporation, has added Raeburn to the team. He will supervise and lead all the brand design departments.
25 oct 2018 - 10:00
The womenswear chain, owned by Urban Outfitters group, is settling down in Barcelona’s Paseo de Gracia, one of the main shopping streets in the Spanish city.
24 oct 2018 - 18:15
The event, which takes place on November 11 and offers thousands of products with discounts, marks its tenth anniversary this year. Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam are the countries on the group’s radar.
24 oct 2018 - 10:00
Credit rating agency Moody’s has released a report in which it underlines that consumer habits’ changes and an ever-increasing competition will hurt the growth of retail companies.
23 oct 2018 - 16:30
The French group has gone through a restructuring debt process by exchanging it for shares. LBO France, Roger Zannier and Silverfern Group become minority shareholders.
23 oct 2018 - 16:00
The company has registered an increase in revenues through own-operated stores after opening 124 shops in the last few months, which translated into an 18% turnover upsurge.
22 oct 2018 - 18:30
Edward S. Lampert, the company’s chairman and owner of hedge fund ESL Investments, is holding discussions with one of Sear’s existing creditors, Cyrus Capital Partners, to share the burden of funding portions of the 300 million dollars bankruptcy loan the retailer is seeking.
22 oct 2018 - 16:17
The US-based group, fourth biggest footwear company by revenues worldwide, has taken over the brand in a deal valued at 360 million dollars (312 million euros).
19 oct 2018 - 10:00
The German ecommerce group will open up new technical support and customer service facilities within the Luxa building, in Barcelona’s 22@ district. The premises will become the company’s fourth operational center, including its global headquarters in Munich.
18 oct 2018 - 17:40
Giovanni Morelli has joined the design team of the Italian luxury group, owned by Mayhoola for Investments. Valentino ended fiscal 2017 with a turnover of 1.16 billion euros, a 5% increase over the previous year.
17 oct 2018 - 10:00
Founded in 2010, Lamoda belongs to Global Fashion Group, the business division where Rocket Internet puts together its ecommerce platforms for emerging markets. The company operates in the Commonwealth of Independent States (CIS).
16 oct 2018 - 18:00
The executive board of the German group, owner of the Nivea and Eucerin brands, will be leaded by Stefan De Loecker, who will also assume the CEO role becoming effective in January 2019.
15 oct 2018 - 20:00
The Dutch fashion company has announced the exit of Bart Brenninkmeijer, Frank Beeck, Andreas Seitz and Manfred Mandel. Only Brenninkmeijer, a member of the founding family, will remain attached to the group, keeping a seat in the board of directors.
15 oct 2018 - 19:15
Sears Holding Corp., parent company of the US-based department store group, filed a voluntary Chapter 11 petition, including assets worth 6.94 billion dollars (6.02 billion euros) and total liabilities of 11.34 billion dollars (9.8 billion euros).
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