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The global fashion business journal

Sep 18, 20218:04pm

Companies

h By MDS
Jun 14, 2018 — 5:05pm

The company, owner of Carolina Herrera, Jean Paul Gaultier and Nina Ricci, has taken a majority stake in the Belgian group, founded by the eponymous designers. Van Noten will remain as a minority stakeholder.

h By Iria P. Gestal/ L. Molina
Jun 14, 2018 — 10:00am

The largest fashion retailer worldwide ended the first quarter with a gross margin of 58.9%, the highest since the third quarter of 2017, although sales increase hasn’t been as strong as in the past.

h By MDS
Jun 13, 2018 — 5:00pm

The Spanish group, owner of Zara and Bershka among other retail chains, posted 5.65 billion euros in revenues from February to April 2018. Profits reached 668 million euros during the same period.

h By MDS
Jun 13, 2018 — 4:55pm

Pilar López Álvarez will join the organ as an independent director and she will take the seat of Carlos Espinosa de los Monteros, whose term ends on July 15.

h By MDS
Jun 12, 2018 — 6:00pm

Nine West Holdings, who filed for Chapter 11 bankruptcy court protection last April, is focusing on its profitable businesses as it restructures its balance sheet.

h By MDS
Jun 11, 2018 — 4:55pm

The Chinese ecommerce group has introduced a new online store that features a selection of designers and brands from JD’s own ecommerce platform.

h By MDS
Jun 11, 2018 — 4:29pm

The executive, son of Miuccia Prada and Patrizio Bertelli, has assumed the management of Prada’s digital communication department. The company also denied rumours of a potential sale.

h By Iria P. Gestal/ L. Molina
Jun 11, 2018 — 10:00am

All eyes in the industry are on the biggest fashion retailer worldwide, who will present this week its financial results for the first quarter of fiscal 2018.

h By MDS
Jun 8, 2018 — 10:25am

Spain’s third biggest fashion group, Tendam, has hired Credit Suisse and Morgan Stanley to list on the stock exchange and Nomura as an advisor. Tendam owns the Cortefiel, Springfield, Women’secret and Pedro del Hierro retail chains.

h By MDS
Jun 5, 2018 — 5:15pm

The Swedish retailer, which is going through a business model transformation, has developed an app for H&M home with the tech giant. It has also started testing augmented reality with Monki.

h By MDS
Jun 4, 2018 — 6:00pm

The ecommerce group will start operations in both countries next summer, reaching seventeen European markets. Ireland and Czech Republic are the first addition to Zalando’s foreign activity since 2013.

h By MDS
Jun 4, 2018 — 5:00pm

The luxury group closed the deal with the Italian manufacturer of leather bags and accessories, which comes only a few days after the acquisition of second hand online retailer Watchfinder and taking over Yoox Net-a-Porter.

h By MDS
Jun 1, 2018 — 5:00pm

The American fashion retailer is slowly shifting its direction after going through a long restructuring process. The company’s turnover reached 730.9 million dollars (625,6 million euros).

h By I. P. G. / P. R. / L. M.
Jun 1, 2018 — 10:00am

Spanish fashion brands coincide in pointing out that the shareholder crisis that the department store chain is going through doen’t have a direct impact on commercial negotiations. However, they admit that pressure on profit margins has increased in recent months.

h By MDS
May 31, 2018 — 5:32pm

The US retailer, also owner of Calvin Klein, posted a net income of 179.4 million dollars (154,5 million euros) in the first three months of fiscal year. PVH’s turnover reached 2,314.6 million dollars.

All economic news of the key fashion companies worldwide.

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