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The global fashion business journal

19 Sep 201922:53


h By Mds
06 Aug 2019 — 16:00

The financial situation of the American department store giant has been rough during the last couple of months, in part because of the rise in the rent of its flagship store in Madison Avenue.

h By Mds
05 Aug 2019 — 16:35

Harrods continues its transformation and names Caitlin Innes as its new digital and strategy director with the goal of managing the online business of the group.  

h By Mds
05 Aug 2019 — 16:16

The Italian optic giant has registered low results with a drop of 246.7 million euros (273.9 million dollars), affected by the IFRS 16 leases.

h By Mds
05 Aug 2019 — 16:15

The revenue of the Japanese giant backed up to 1.5 billion euros (1.7 billion dollars), and its benefit arrived at 84.1 million euros (93.3 million dollars).

h By Mds
05 Aug 2019 — 16:00

The Spanish giant of department stores sealed an alliance with the Chinese marketplace to distribute Tizas, Brotes and Cotton Juice.

h By Silvia Riera/ Daniela García
05 Aug 2019 — 09:00

From Levi Strauss to Global Fashion Group, the sector has opened its capital in the stock exchange to find the speed it needs.

h By Mds
02 Aug 2019 — 16:17

Carlos Salcido, relieved last April by the Spanish José Antonio Revilla, has finished its contract with the Mexican giant of department stores.

h By Carmen Juárez/ Daniela García
02 Aug 2019 — 09:00

Jose María Castellano, Marco Agnolin, Ramón Gago, José Manuel Martínez Gutiérrez, Victor Herrero or Costas Antimisaris, are some of the executives of the fashion system that trained in the Spanish giant.

h By Mds
01 Aug 2019 — 17:20

In the last couple of years, the French group has let go of its portfolio: Naf Naf, Besson Chaussires, Chevignon and Merkal and has put in the market Minelli and San Marina.

h By Mds
01 Aug 2019 — 16:43

The fragrances and cosmetics company closed the first half of its fiscal year with a net benefit of 2.2 billion dollars.  

h By Mds
01 Aug 2019 — 16:42

The Italian luxury group finished H1 with a net benefit of 155 million euros (172.5 million dollars) compared to the 99 million euros (119 million dollars) of 2017, due to Patent Box tax relief.

h By Mds
01 Aug 2019 — 16:41

The German company has closed H1 with a revenue of 1.3 billion euros (1.5 billion dollars). The drop of the net benefit is due to a new accounting regulation.

h By Mds
01 Aug 2019 — 16:12

The Spanish department store giant has as a goal to potentiate sustainability for 2023, so 50% of the cotton used by the group belongs to the BCI program.

h By Mds
01 Aug 2019 — 16:00

While other pure players like Asos have launched profit warning, the German ecommerce giant forecasts that its ebitda will arrive between 175 million euros (194.7 million dollars) and 225 million euros (250.4 million dollars) at the end of its fiscal year.

h By Mds
31 Jul 2019 — 19:05

The German beauty retailer has acquired 51% of ecommerce specialized in premium cosmetics brands.

All economic news of the key fashion companies worldwide.