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The global fashion business journal

Jun 22, 202110:35pm


h By MDS
Jan 31, 2020 — 4:03pm

Karis Durmer exited the company to join with Scotch & Soda. Shira Sue Carmi will take over starting early March.

Jan 31, 2020 — 8:55am

Its 2017 results prompted the crash of the fashion distribution giant in the stock market, causing an avalanche of analyst alerts. H&M has now recovered.

h By MDS
Jan 31, 2020 — 8:50am

For the first time, a woman runs one of the four largest fashion groups in the world. Helmersson, who developed her entire career at H&M, has replaced Karl-Johan Persson as chief executive officer.

h By MDS
Jan 30, 2020 — 7:38pm
The decision is part of the company’s plan to close up to 230 stores in the coming years in the frame of its transformation plan announced last February.
h By MDS
Jan 30, 2020 — 6:13pm

The Japanese distributor has bought a stake in the company No New Folk Studio, which has developed a model that measures and analyzes foot movement. 

h By MDS
Jan 30, 2020 — 5:48pm

New global presidents for beauty brands owned the French group,. The group has also named a new president in North Asia for the Dr. Jart + and Do the Right Thing brands.


h By MDS
Jan 30, 2020 — 5:17pm

Yael Garten, data and engineering director of the Silicon Valley technology giant Siri, joins the board of directors of the denim giant.

h By MDS
Jan 30, 2020 — 4:02pm

Women’s Secret and Springfield has opened its first outlets in Nairobi. The Tendam group expands its footprint in Africa with new stores in Tunisia, Mauritius, and Libya.  

h By Mds
Jan 30, 2020 — 10:29am

Stefan Persson will step down as chairman of the board and proposes his son Karl-Johan Persson to succeed him.

h By MDS
Jan 30, 2020 — 9:16am

The Swedish retail giant ended the last fiscal year (concluded on November 30) with a profit of 13.4 billion Swedish kronor (1.4 billion dollars).

h By F. T. Ngo Bii
Jan 30, 2020 — 9:00am

Analyst had predicted that the developing continent would be the next sourcing hub, considering companies from across the world who shifted their business to Africa.

h By MDS
Jan 29, 2020 — 6:03pm

During six months, the department store chain will sell secondhand items from luxury firms in its flagship store in New York and on its online store.

h By MDS
Jan 29, 2020 — 5:22pm

Victoria’s Secret for sale. L Brands, the group that owns the lingerie chain, is exploring “strategic alternatives” for the brand, including its sale, according to the Wall Street Journal. In parallel, Leslie Wexner, owner of the group is discussing stepping down as CEO. The company has rise more than 13% in the stock market, reaching its maximum in one year.

h By MDS
Jan 29, 2020 — 4:28pm

Michael K. Nicholson, who had taken over the role as interim CEO, will focus once again on his duties as chairman and chief operating officer of the group.

h By MDS
Jan 29, 2020 — 4:02pm

American brand Calvin Klein seduced the Parisian city with a new flagship store, just a year after the passing of its creative director.

All economic news of the key fashion companies worldwide.