The fashion distribution company has achieved record profits in the United States for Black Friday and Hollister is positioned as the group’s strongest brand.
Companies
The Chinese sports fashion distribution company made a profit of 2,581.5 million yuan (373 billion dollars), while its revenue stood at 14,810 million yuan (2.1 billion dollars).
The Canadian fashion company, which has not yet presented its official economic results, expects revenues of up to 1,380 million dollars.
Elie Saab Junior: Lebanese designer introduces children’s wear
The Italian company, owned by the Zegna group, discontinued the line in 2000. The first collection will be the autumn-winter 2020, which will be presented in February.
The French giant in beauty and cosmetics has appointed Cheryl Vitali as the global president of L’Oréal’s portfolio of American luxury brands such as Urban Decay and IT Cosmetics, among others.
Adidas opens new hub in New York City of more than 45.000 square feet. The space houses office space and showrooms with latest products and collections.
The sales of the US company decreased 0.6% between November and December, a greater fall than what analysts had predicted.
The French children’s fashion company has ended the period with a revenue of 485 million dollars, although its pace has slowed down.
The luxury group, owned by the Kering, will invest 31.7 million dollars with the construction set to be completed in September 2022.
The French fashion premium company has named Rémy Baume as its new president, who previously managed the Kidiliz, a French children’s clothing company.
The British fashion distribution company has indicated that its commercial performance during discounts periods has not reached the expected 23 million pounds (29.9 million dollars).
The Colombian swimwear company has opened a new point of sale at Sawgrass Mills, one of the most visited shopping malls in the United States.
The American company has sold its Speedo Business to the North American company, Pentland group for 156 million dollars.
The Venezuelan designer, Carolina Herrera, announced she’ll be expanding her offer to plus-size and will be collaborating with the etailer 11 Honoré.
All economic news of the key fashion companies worldwide.