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The global fashion business journal

Jul 4, 20204:16am


h By MDS
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.

h By MDS
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.

h By I. P. G. / M. B / L. M.
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.

h By I. P. Gestal/ L. Molina
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. 

h By MDS
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.

h By L. Molina
May 14, 2018 — 5:00am

Sabine Hernanz, with twenty years of experience in the sector, will lead retail operations in Spain, Portugal, France and Italy. Besides, the Dutch denim company has incorporated a new global head of merchandising.

h By MDS
May 9, 2018 — 2:42pm

The current head of retail at Apple was the architect of Burberry’s transformation. This is the return of Ahrendts into fashion since she joined the technology company in 2014.

h By P. Riaño / I. P. Gestal / L. Molina
May 9, 2018 — 5:00am

After raising 130 million euros, Nexxus Iberia has started to look for investments with an eye on Spanish fashion companies. The venture capital firm aims to bring their investees to Mexico and Colombia.

h By MDS
May 8, 2018 — 10:31am

De Beers, Chopard, Tag Heur or Tiffany are some of the brands that will join the offering curated by the ecommerce platform, which has doubled its efforts in the high-end field.

h By MDS
May 8, 2018 — 10:11am

The German ecommerce giant registered a turnover of 1,196 million euros during the first quarter of its fiscal year. The company reported a net profit of 5.1 million euros in the same period of 2017.

h By MDS
May 7, 2018 — 10:10am
The Israeli company, which acquired US-brands 7 For All Mankind and Ella Moss two years ago, closed 2017 with revenues of 1,368.1 million dollars (1,112.2 million euros), up 16% from prior year.
h By MDS
May 7, 2018 — 10:00am

The company has bought 50.9% of the shares from the previous majority shareholders of the lingerie company. Following the deal, the Austrian company hopes to boost its expansion in Asia.

h By P. Riaño/ I. P. Gestal/ L. Molina
May 7, 2018 — 5:00am

The Spanish executive left the company in April after twenty months in office, based in Paris. Jadraque, former chief at Desigual, will focus from now on consulting endeavours.

h By P. Riaño / L. Molina
Mar 15, 2018 — 5:00am

As revealed yesterday, the Spanish group has been adjusting its huge store network during five years, as ecommerce gained momentum in the company’s turnover. Inditex is now adapting logistics and product to take the business to the next level.

All economic news of the key fashion companies worldwide.