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The global fashion business journal

Jul 18, 20249:47pm


h By MDS
Mar 17, 2020 — 5:05pm
Herman Waldemer, has been a member of the company’s board of directors since 2015, he has now been appointed the new chairman of the supervisory board, effective on May 7. 
h By MDS
Mar 17, 2020 — 4:28pm
American department stores join Abercrombie, Nike, Urban Outfitters and Guess, who in the last days have announced similar measures. 
h By MDS
Mar 17, 2020 — 4:04pm
“All the retailers are facing unique pressures due to the current situation”, pointed the British company. 
h By MDS
Mar 16, 2020 — 7:06pm
The US denim company has joined a series of fashion retailers that have opted to close their stores in order to stop the propagation of the coronavirus.  
h By MDS
Mar 16, 2020 — 5:16pm
 The footwear recorded revenue of 3 billion dollars and saw an increase in its profit when it reported 1.2 billion dollars in the period.  
h By MDS
Mar 16, 2020 — 5:03pm
The British e-commerce group plans to lay off a hundred workers with night shift roles who work in its customer care center in its Leavesden office (near Watford).   
h By MDS
Mar 16, 2020 — 4:42pm
The company has closed all its stores in France, Spain, and Austria, which represent 20% of its commercial network and generate 30% of the company’s sales.  
h By MDS
Mar 16, 2020 — 4:17pm
The Swedish company, which has presented its quarterly results today, has closed its stores in thirteen countries and is already anticipating an impact on its sales for the month of March.  
h By MDS
Mar 16, 2020 — 4:02pm

The Swedish fashion retailer has reduced its sales in China by 24% in the period, which coincides with the surfacing and first weeks of the Covid-19 outbreak.  

h By MDS
Mar 13, 2020 — 4:50pm
 Aeffe has ended the 2019 financial year with losses of 12.3 million euros, while it has registered a revenue of 351 million euros. The group has not yet quantified the impact the coronavirus may have on their business. 
h By MDS
Mar 13, 2020 — 4:13pm
The Italian company has reached sales of 916 million euros and shrank its profit to 46.3 million euros. Looking ahead to 2020, the group will review its strategy due to the potential impact of the coronavirus crisis. 
h By MDS
Mar 13, 2020 — 4:04pm
The appointment will be effective once the sale of Victoria’s Secret has been completed. Wexner, who led the chain’s expansion, will remain a member of the board as chairman emeritus.  
h By MDS
Mar 13, 2020 — 10:34am
The American fashion retailer ended the year with a net result of 351 million dollars.   
h By MDS
Mar 13, 2020 — 10:13am
The American fashion retailer chain is studying the possibility of renting emblematic stores of its chains to third parties. 
h By MDS
Mar 13, 2020 — 9:52am
The company states that it is not currently possible to provide a reasonable estimate beyond the first quarter. 

All economic news of the key fashion companies worldwide.