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The global fashion business journal

Feb 27, 202012:25am

Companies

h By MDS
Feb 26, 2020 — 5:51pm
h By MDS
Feb 26, 2020 — 5:07pm
The RealReal fortifies footprint: to open stores in Chicago and San Francisco

The company plans to expand its network of physical stores with the opening of two new stores in Chicago and San Francisco for the spring and summer season, respectively.

h By MDS
Feb 26, 2020 — 4:34pm
Hermès a ceaseless rise: 15% growth and 8.7% increase in earnings in 2019

The French luxury company has registered a revenue of 6.9 million euros (7.5 billion dollars) in the last year. The group’s profit reached 1.5 billion euros (1.6 billion dollars).

h By MDS
Feb 26, 2020 — 4:04pm

The American fashion company has signed Daniel Culle, former director of H&M in North America, after sealing its sale last week for eighty million dollars.

h By P. R. D. / I. P. G
Feb 26, 2020 — 8:33am

The Saudi group, which started off with losses in the second quarter of the year (closed last September), is restructuring its network of stores and severing ties with brands. 

h By MDS
Feb 26, 2020 — 4:07am

The Chilean department store company has ended the year with a revenue of 11.4 billion dollars. A bittersweet year for the compnay due to the both gains and losses. 

h By MDS
Feb 25, 2020 — 7:03pm

Grupo Kattan, a manufacturing giant is looking for a venture partner with the aim of building a $70m woven fabric plant in Honduras.

h By MDS
Feb 25, 2020 — 6:23pm

The American department store chain has concluded the year with a revenue of 24,560 million dollars and a net income of 564 million dollars.

h By MDS
Feb 25, 2020 — 6:21pm

The US sports equipment company, which owns the Merrell and Saucony brands, finished the last fiscal year with revenues of 2.3 billion dollars, up 22.2%.

h By MDS
Feb 25, 2020 — 5:51pm

The British footwear company has incorporated Lorenzo Moretti, former CEO of Office, as the company’s chief executive, a position he will hold from next week.

h By MDS
Feb 25, 2020 — 5:16pm

China is a key market for the French SMCP that owns brands such as Maje, Sandro or Claudie Pierlot. Sales have already decreased in February due to the closure of stores.

h By MDS
Feb 25, 2020 — 4:47pm

The franchisee of brands such as CK Calvin Klein or Tommy Hilfiger continues spending, counting two acquisitions in less than two weeks.

h By MDS
Feb 25, 2020 — 4:03pm

The British fashion company seeks to recover 58 million pounds in its inventory through the sale of its headquarters in London, known as the Ugly Brown Building.  

h By F. Tatiana. Ngo Bii
Feb 25, 2020 — 9:00am

The Swedish giant distributor, second by revenue plans to relaunch its store in Oxford street this spring after closing last August for refurbishing purposes. The relaunch is set to display an array of innovative elements as demonstrated in H&M’s recent openings in other cities.

h By MDS
Feb 24, 2020 — 6:27pm
The Canadian company of athletic apparel has released a statement disclosing the closure of 33 stores in China due to the impact of the coronavirus epidemic.  

All economic news of the key fashion companies worldwide.

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