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The global fashion business journal

Jun 7, 20203:40am

Companies

h By mds
Dec 12, 2019 — 5:58pm

The British company has announced that Nigel Oddy will take the position of chief executive officer from January 1, 2020. Oddy replaces Alistair McGeorge, who will become chairman of the board.

h By mds
Dec 12, 2019 — 5:30pm

The rating agency has lowered the perspective of the Spanish bridal fashion company due to a low performance of the company compared to the previous estimations.

h By mds
Dec 12, 2019 — 5:06pm

The company’s chief executive officer, Pascale Lepoivre, wants to boost the company’s growth to overcome one-billion-euro barrier in four years.

h By mds
Dec 12, 2019 — 4:41pm

The deal, whose terms have not been disclosed, will come into effect on January 1, 2021. L’Oréal also signed with Valentino’s for its beauty license in 2018, previously controlled by Puig.

h By mds
Dec 12, 2019 — 4:28pm

The British department stores group has appointed Paul Babbs, who will join the team next spring. The goal is to strengthen the clothing division, which has suffered inventory issues during the last year.

h By mds
Dec 12, 2019 — 4:01pm

The sportswear company grew 23% in the third period, fueled by direct to consumer sales, that increased 30% year-on-year.

h By mds
Dec 12, 2019 — 4:00pm

The British sportswear company has reached a revenue of 369.1 million pounds (485.5 million dollars) in the first six months.

h By Christian de Angelis
Dec 12, 2019 — 9:00am

The group got a gross margin of 60.8% from August to October, three tenths more than in the same period of 2018, and evolves in profitability better than its rival H&M.

h By mds
Dec 11, 2019 — 7:01pm

Pascal Baltussen will assume his position on January 1 and will report directly to Coty’s CEO Pierre Laubies. Last November the cosmetics company appointed Richard Jones, former Kering as global chief supply officer.

h By mds
Dec 11, 2019 — 6:48pm

Paul Price leaves the company, that ended its fiscal year 2018 with losses of 138 million pounds (170.2 million dollars) after avoiding bankruptcy. It is not clear whether the company has begun the search for a replacement. 

h By mds
Dec 11, 2019 — 5:47pm

Analysts believe that the problem of the Chinese company’s debt is related to the acquisitions made by the company in the last ten years, which have meant paying out 40,000 million yuan (5.6 billion dollars).

h By mds
Dec 11, 2019 — 5:16pm

The American company has opened its fourth store in the United Kingdom in one of the largest shopping malls in Europe, Westfield London.

h By Mds
Dec 11, 2019 — 4:57pm

Zara’s parent company reached a revenue of 1.2 billion euros (1.3 million dollars) in the third quarter.

 

h By mds
Dec 11, 2019 — 4:56pm

Lange is the chief executive officer of Mentis, the software company she founded in 2013. The executive is also member of the board of Orange, Pernod Ricard, amongst others.

h By mds
Dec 11, 2019 — 4:21pm

The company plans to expand its selling space between 5% and 6% and estimates that the contribution of the new space to the growth of the group will be around 3%.

All economic news of the key fashion companies worldwide.

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