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The global fashion business journal

Jul 16, 20246:31pm


h By L. Molina/ P. Riaño
Oct 25, 2018 — 10:00am

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.

h By MDS
Oct 24, 2018 — 6:15pm

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.

h By Iria P. Gestal
Oct 24, 2018 — 10:00am

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.

h By MDS
Oct 23, 2018 — 4:30pm

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.

h By MDS
Oct 23, 2018 — 4:00pm

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.

h By MDS
Oct 22, 2018 — 6:30pm

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.

h By MDS
Oct 22, 2018 — 4:17pm

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).

h By I. P. G. / P. R. / L. M.
Oct 19, 2018 — 10:00am

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.

h By MDS
Oct 18, 2018 — 5:40pm

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. 

h By I. P. Gestal/ L. Molina
Oct 17, 2018 — 10:00am

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).

h By MDS
Oct 16, 2018 — 6:00pm

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.

h By MDS
Oct 15, 2018 — 8:00pm

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.

h By MDS
Oct 15, 2018 — 7:15pm

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).

h By MDS
Oct 11, 2018 — 6:33pm

The Japanese group, owner of Uniqlo, ended its last fiscal year (closed on August 31) with a turnover of 2.13 trillion yen (16.4 billion euros) and a net profit of 154.8 billion yen (1.2 billion euros).

h By MDS
Oct 10, 2018 — 6:46pm

The American department store chain, which recently appointed a new board member with former experience in restructuring, has hired M-III Partners as it could be closer to a bankruptcy filing, according to The Wall Street Journal.

All economic news of the key fashion companies worldwide.