It is the least important category in the sales of the group’s own brands. Out of the ten firms that are less profitable, nine are of women’s fashion
Companies
The company gained 2.25 billion euros, contrasting with the 974 million euros from the same period last year. The corporation’s revenue was promoted a 21%, reaching the figure of 6.8 billion euros.
With the entrance of the investment fund, the Japanese chain will push forward an expansion plan across Asia under the purpose of opening five hundred stores in five years.
Two years after his take off, Jorge González de San Roman steps aside in Fashionalia’s day to day. His position at the head of the company is now occupied by Sergio Lucas Ocaña, who owns a professional career in digital ambit and retail.
The British company of luxury has finished the first six months of the fiscal year (period ended on September 29th) with a volume of business of 1.22 billion pounds sterling (1.39 billion euros).
The group closed the day at 26.31 euros per share, its highest quote since September 24, when it reached 26.35 euros. The upturn coincides with the announcement of Zara’s global platform release.
The Spanish team, headed by Jens Ullbrich, will from now focus on the multibrand channel management and El Corte Inglés, whilst strategic decisions will be made from the French country.
The executive, who managed the Canadian market, will take the position of Santiago Cucci, who after five years has been promoted as Levi’s senior vice-president, based in San Francisco.
The company, property of the Chinese fashion sourcing and distribution titan Fung Group, wants to refine further in the demand of Chinese consumers.
The company has launched zara.com/ww, with which it has landed in African markets such as Angola, Ivory Coast, Senegal and Ghana, as well as in areas of the Caribbean and Indonesia.
The Spanish company of fashion distribution is currently looking for offices in the district of Barcelona. The corporation requires having between 800 square meters and 1,000 square meters.
The Irish chain accelerated its expansion in full crisis, coinciding with the decrease of acquisitive power around Europe, its main market. Now, already settled in recovery, it keeps on trying to find its United States model and brands have gained it ground again.
The Irish low-cost fashion chain has ended its fiscal year (concluded the 15th of September) with a revenue of 7.47 billion British pounds (8.53 billion euros).
The Chinese e-commerce platform already made the leap offline a year ago in the neighbourhood of Malasaña with a pop-up store in order to get ready for the Single’s Day campaign.
The company will open in the shopping centre of San Sebastián de los Reyes the biggest store in the country with a mutlibrand factory outlet concept, where it includes Adidas and Reebok offers.
All economic news of the key fashion companies worldwide.