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The global fashion business journal

Mar 6, 20215:24pm

Companies

h By mds
Dec 13, 2019 — 4:00pm

The French luxury company has signed Jean-Jacques Guével as new CEO. The executive was, up until now, general manager of Zadig&Voltaire.

h By Daniela García
Dec 13, 2019 — 9:00am

The Italian fashion company has opened a new store in one of the largest shopping malls in Europe, Westfield London. The company is already present in the UK with 53 points of sale.

h By Iria P. Gestal
Dec 13, 2019 — 8:57am

The Spanish giant has reduced its stock by 5% in the third quarter. Its weapons? Store optimization and Rfid.

h By mds
Dec 13, 2019 — 8:28am

Anna Bakst will be departing the company at the end of the calendar year. Until a replacement is found, the chief financial officer of Kate Spade, Joanne Crevoiserat, will take the reins.

h By mds
Dec 13, 2019 — 8:15am

Andy Dunn, co-founder of the online menswear platform Bonobos, is leaving its Walmart two years after he sold his company to the American retailer.

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. 

All economic news of the key fashion companies worldwide.

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