May 24, 2018 — 5:00pm
The fashion company, owned by British group Arcadia, has posted losses of 10.9 million pounds, burdened by an impairment on a fixed asset and provisions for onerous leases.
Companies
May 23, 2018 — 5:35pm
The American group, which also owns the Anthropologie and Free People chains, ended the period with sales of 855.7 million dollars (725.8 million euros) and a profit of 41.3 million dollars (35.03 million of euros).
May 23, 2018 — 5:00pm
The Shandong Ruyi-owned French group has continued to extend in the Chinese market, where consumption has speeded up again and premium and luxury players have new growth perspectives.
May 22, 2018 — 5:43pm
The shoe company, owned by Tapestry, said in a statement that it “is committed to an environment where every individual feels respected and at times his behavior fell short of these standards”.
May 22, 2018 — 5:32pm
Since Pietro Beccari took over the reins of the brand in June, he’s named a new creative director for Dior Homme and Jens Riewenherm as digital director.
May 18, 2018 — 6:00pm
After going through heavy adjustments and restructuring, the US distribution giants regained momentum and finished the first three months of the year with improved fiscal results.
May 18, 2018 — 5:00pm
The Swiss luxury group, which is about to close Yoox Net-a-Porter’s acquisition, registered a turnover of 10.98 billion euros during last fiscal year (closed on March 31).
May 17, 2018 — 5:00pm
Inditex’s main fashion chain has opened once again its flagship store in London, where it has added an online-dedicated area and two automated pick-up stations for online orders.
May 17, 2018 — 10:00am
The Canadian company closed the brand’s purchase in early 2017. At the moment, American Apparel will operate in the Iberian Peninsula only through ecommerce.
May 16, 2018 — 6:00pm
The company’s revenues amounted to 2,7 billion pounds (3,1 billion euros) during last fiscal year, closed on March 31. The company is currently rebuilding its management team.
May 16, 2018 — 5:50pm
Consolidated revenues of the company amounted to 2,188,435 million pesos (2,924 million euros), which represents an increase of 2.8% compared to the same period of the previous year.
May 16, 2018 — 5:30pm
Between January and March, the Mexican department store chain gained 337.9 million Mexican pesos (17.1 million dollars), compared to 114.5 million pesos (4.8 million euros) last year.
May 16, 2018 — 10:05am
The company launched this prototype at the beginning of the year at the Westfield shopping centre in Stratford (London) with a pop-up shop. Inditex is in the middle of a transformation of its online- and brick-and-mortar presence.
May 16, 2018 — 10:00am
The Spanish fashion chain has added Benito Escalada, product manager at Mango Woman; Roger Graell, ecommerce manager, and Huseyin Golcuk, country manager of the company in Turkey and several Middle East markets, to its executive committee.
May 15, 2018 — 1:35pm
The chairman and CEO of the Italian footwear group has stated in a public event that “he will hand over soon the management of the company,” in a structure led by his brother Andrea.
All economic news of the key fashion companies worldwide.
