10 sep 2018 - 17:26
The founder of the Chinese ecommerce giant will hand over the role to Daniel Zhang, currently chief executive officer. Ma has pointed out that his exit will enable “younger and more talented” people to be at the front.
Companies
10 sep 2018 - 16:51
The company expects to increase its revenues by 6%, fuelled by the store openings carried out throughout the fiscal year. The fashion retailer, owned by AB Foods, has blamed its negative performance in northern Europe to altered weather conditions.
5 sep 2018 - 10:00
The Spanish group will sell via ecommerce worldwide by 2020, regardless if it operates brick-and-mortar stores or not. Besides, the company will integrate both its online and offline stock and take advantage of its physical capillarity in front of Amazon or Asos.
4 sep 2018 - 18:52
Pablo Isla, the group’s chairman and chief executive officer, has announced today in Milan that Zara’s parent company will sell online in all countries worldwide and with all retail concepts within two years.
10 ago 2018 - 17:02
The British sporting goods retail chain has acquired all business assets, including the stores and the stock, of the department store chain, which went into administration.
9 ago 2018 - 17:21
The German sporting goods retailer ended the first six months with a net profit of 938 million euros, while revenues reached 10.8 billion euros, up 3% year-on-year.
8 ago 2018 - 17:00
The American retail chain is working on an online-only clothing label aimed at young consumers. The project is spearheaded by Andy Dunn, founder of Walmart-owned ecommerce site Bonobos.
3 ago 2018 - 19:00
The company, owned by the French luxury conglomerate, could soon incorporate Jenny Galimberti, global director of communications and events at Louis Vuitton, as its CEO.
30 jul 2018 - 18:43
The German company will inaugurate the shop in August, located in the Westfield London shopping centre. The store opening occurs two years after the company simplified its brand portfolio.
30 jul 2018 - 18:20
The French brand, founded in 1912, ceased its commercial activity with fashion a while ago, with its name being used since then only in the perfume industry. Since 2011, Jean Patou was owned by Designer Parfums, a company managed by Indian family Metha.
27 jul 2018 - 19:00
The Italian men’s fashion company has announced the departure of Nina-Maria Nitsche, artistic director since mid-2017, when she replaced in the role Justin O’Shea, former buying head of Mytheresa.
27 jul 2018 - 18:00
The group has appointed Michael Kampe, a graduate of the Royal Academy of Fine Arts in Antwerp (Belgium), as new artistic head of the denim brand. Previously, Kampe was design director for casualwear collections at Hugo Boss.
26 jul 2018 - 10:00
The Spanish company ended the first six months of its fiscal year with a turnover of 323 million euros. The group attributes the drop to the on-going reorganization of its distribution network.
25 jul 2018 - 19:39
The Spanish department store chain ended fiscal 2017 with a turnover of 15.93 billion euros, 2.8% more than in the previous year.
24 jul 2018 - 10:00
Juan Chaparro joined the fashion distribution group in 2013, an appointment with the approval of José Manuel Martínez, chief executive officer until earlier this year. Last spring, Chaparro also assumed the reigns of the brand’s business in the Asia Pacific region.
23 jul 2018 - 18:43
Apparently, the Italian luxury company is unsatisfied with the sales performance of the fragrances business, which registers annual sales of around 100 million euros, 50% less than the goal set up by Puig when getting the license back in 2003.
23 jul 2018 - 18:00
The denim company has reached an agreement with Nike’s childrenswear partner in the European region. Haddad Brands will assume the design, production and distribution of Levi’s kids’ collections.
20 jul 2018 - 19:30
The ecommerce luxury platform has acquired CuriosityChina, a digital agency that offers solutions that enable Western fashion brands to develop swiftly a strong online presence in the Chinese market.
20 jul 2018 - 17:35
The group, owner of Vans, Kipling and The North Face among other labels, ended the first three months of fiscal 2018 with a net income of 160.4 million dollars (137 million euros). Sales went up 23.8% in the same period.
16 jul 2018 - 18:58
The French company aims to boost its digital performance with the launch of a new online flagship store whose reach stretches over one hundred countries.
16 jul 2018 - 18:00
The fashion company, owned by G-III Apparel Group, has entered into an agreement with the optical group for the manufacturing of eyewear collections for its two brands.
10 jul 2018 - 19:10
Peter Ruis, former chief executive officer of clothing retail chain Jigsaw, will oversee Anthropologie’s expansion beyond North America. Previously, Ruis also worked at John Lewis and Levi Strauss.
10 jul 2018 - 18:00
Under Ricardo Tiscci’s creative tenure, the British luxury company has already announced team-ups with Vivienne Westwood, besides a capsule that will be released shortly after the brand’s upcoming runway show in September.
9 jul 2018 - 17:15
Oscar Olsson, co-founder and chief executive officer of H&M’s newest label, has been working in the Swedish retailer for the last five years. Nyden is targeting millennials and operates through ecommerce.
6 jul 2018 - 10:00
The sporting goods and equipment group obtains more than 50% of revenues through Life’s, its athleisure collection. Lotto operates through multibrand stores across one hundred countries worldwide, most of them in Europe.
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