Companies

Kering Turns to Former Renault CEO Luca de Meo to Steer Its Transformation

Net-a-Porter Appoints Heather Kaminetsky as New CEO

Heather Kaminetsky returns to lead Net-a-Porter. The luxury fashion ecommerce platform redefines its structure following the acquisition by retailer MyTheresa, with new appointments in buying, brand and regional leadership.

Alpargatas Strikes U.S. Deal With Eastman to Expand Havaianas Business

Brazilian footwear giant Alpargatas, owner of leading beachwear brand Havaianas, has signed a distribution agreement with U.S.-based Eastman Group to boost its American business and initiate a transition plan for the brand.

The Asian e-commerce giant concentrated the bulk of its greenhouse gas emissions in manufacturing and transport, which rose 9.7% and 13.7%, respectively, as Shein’s aggressive growth outpaced its decarbonization efforts.

Leonard A. Lauder, Beauty Industry Icon and Estée Lauder Heir, Passes Away

Leonard A. Lauder, chairman emeritus of The Estée Lauder Companies, passed away on June 14 at age 92. Son of company founders Josephine Esther Mentzer and Joseph Lauder, he helped shape the U.S. giant into a global powerhouse.

After closing all its stores in the market in 2021, the Spanish fashion retail giant is opening the doors of two new stores of its young chains in Venezuela, the country's capital.

The two Inditex chains, which have a presence in India through their subsidiary Trent Retail India Private, have not reached 300 million euros in sales. Zara will not grow if it does not find suitable spaces.

The Chinese company specialized in jewelry closed 2025 with a 17.5% drop in sales, but has boosted its margins and increased operating profit by 9.8%, after redoubling its commitment to premium stores and fixed-price gold.

The Japanese fashion brand will open a store in the Iguatemi São Paulo shopping mall, which specializes in luxury and where brands such as Balenciaga, Loewe and Chanel already operate. The opening is scheduled for May 2026.

The French luxury house of giant LVMH becomes an official partner of the Spanish white club for institutional events and travel, with a tailoring collection designed by creative director and music producer Pharrell Williams.

After having been declared in judicial liquidation, the French fashion company has finally been saved from disappearance by two companies in the sector, which will keep a third of the jobs and part of the stores.

The Spanish fashion company worked in 2024 with a total network of 2,676 factories, of which 966 were located in close proximity. China is the company's main supplier, accounting for 36.85% of its sourcing.

The Swedish fashion retail group continues to raise its positioning and is making its debut in French department stores to attract a new premium clientele. After the summer, it will open a new flagship store in Le Marais.

The son of Mango's founder will now be in charge of the Andic family's assets and will remain vice-president of the Catalan company. The group creates a macro product area that encompasses all its lines.

The Canadian sportswear retailer will generate up to 20% of the fibers in its product portfolio from recycled materials sourced from Samsara Eco, in which it acquired a stake two years ago.

The low-cost fashion group has sealed the sale of its food chain to the company and has obtained an 80 million euro loan from the investment fund to support the new roadmap outlined in the company's plans.

The executive is reportedly working on the dissociation of his functions as Chairman and CEO, a position for which he is seeking a replacement in order to address the upcoming repositioning of the group.

The U.S. giant is teaming up with Indian brand NorBlack NorWhite as part of its new offensive in the country. The collaboration fuses sporty functionality and textile tradition with bandhani technique.

The French stock market regulator has sanctioned Shandong Ruyi's environment for manipulating information and failing to declare changes in shareholdings. The ownership structure of Smcp as a whole has been in dispute since 2021.

The Galician group that owns Zara has started fiscal 2025 with a weak increase in sales and a flat net income performance. The group keeps gross margin under control, but has challenges ahead.

The private equity fund backed by the LVMH conglomerate launches its first investment vehicle focused on Japan. The operation plans to support around ten local companies in sectors such as beauty and retail.

The U.S. group, owner of brands such as Reebok, Quiksilver and Champion, has launched a new headquarters in the Asian giant's city to accelerate its expansion in the Asia-Pacific region.

The Spanish fashion company, focused in a strategic plan until 2029, has announced the launch of a new limited edition line, which will be presented at a company fashion show in early September in Barcelona.

The U.S. sportswear company specializing in the practice of yoga continues its international expansion plans with the opening of a store in the Brazilian city of Sao Paulo.

The effects of the exchange rate and the impact of the leap year in the quarter weighed on the growth of the multinational, owner of Zara: discounting both effects, year-on-year growth stood at 5.3%. Gross Margin Reaches €5.01B

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Modaes Global - Companies | Economic news of fashion companies. All the economic news of the main companies in the fashion business in Spain and around the world. - Modaes Global.

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