Nowadays, about 20% of fashion purchases are done through the Internet, according to the research Dressed for Digital: The Next Evolution In Fashion Marketing carried out by consultant Boston Consulting Group (BCG) and Zalando Marketing Services (ZMS).
The Spanish fashion group’s gross margin surpassed for the first time the 60% since 2015. “We have answered to a volatile and challenging background without discounts”, explained Pablo Isla.
Moodys rating for the Spanish bridalwear giant stands at B3, that is with “high credit risk”, and a stable outlook. In the past year, the company has changed hands and hired a new managing team.
The group ends the first nine months of the fiscal year (comprehended between February and October) with a volume of business of 18.43 billion euros, up by 3%.
All economic news of the key fashion companies worldwide.