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The global fashion business journal

Sep 22, 202010:19pm


h By MDS
Mar 16, 2020 — 4:17pm
The Swedish company, which has presented its quarterly results today, has closed its stores in thirteen countries and is already anticipating an impact on its sales for the month of March.  
h By MDS
Mar 16, 2020 — 4:02pm

The Swedish fashion retailer has reduced its sales in China by 24% in the period, which coincides with the surfacing and first weeks of the Covid-19 outbreak.  

h By MDS
Mar 13, 2020 — 4:50pm
 Aeffe has ended the 2019 financial year with losses of 12.3 million euros, while it has registered a revenue of 351 million euros. The group has not yet quantified the impact the coronavirus may have on their business. 
h By MDS
Mar 13, 2020 — 4:13pm
The Italian company has reached sales of 916 million euros and shrank its profit to 46.3 million euros. Looking ahead to 2020, the group will review its strategy due to the potential impact of the coronavirus crisis. 
h By MDS
Mar 13, 2020 — 4:04pm
The appointment will be effective once the sale of Victoria’s Secret has been completed. Wexner, who led the chain’s expansion, will remain a member of the board as chairman emeritus.  
h By MDS
Mar 13, 2020 — 10:34am
The American fashion retailer ended the year with a net result of 351 million dollars.   
h By MDS
Mar 13, 2020 — 10:13am
The American fashion retailer chain is studying the possibility of renting emblematic stores of its chains to third parties. 
h By MDS
Mar 13, 2020 — 9:52am
The company states that it is not currently possible to provide a reasonable estimate beyond the first quarter. 
Mar 13, 2020 — 8:57am
The company controlled by Thomas Meyer continues with its transformation plan, betting on the ecommerce and markets outside Western Europe.
h By MDS
Mar 12, 2020 — 6:03pm

The company owned by the French holding Kering has closed its productions sites until March 20 because of the coronavirus.

h By MDS
Mar 12, 2020 — 5:42pm

The Austrian viscose group ended the last year with sales of 2.1 billion euros (2.4 billion dollars) and a net profit of 114.9 million euros (130 million dollars).

h By MDS
Mar 12, 2020 — 5:33pm

The Belgian manufacturer of leather goods, Delvaux, is set to expand its footprint in the 

American market with the opening of its first flagship store on Fifth Avenue. 

h By MDS
Mar 12, 2020 — 5:12pm

The German fashion retailer chain assures that it does not expect a short-term normalization of the situation in other territories.

h By MDS
Mar 12, 2020 — 5:03pm

Gerald W. Ewans will retire on January 2, 2021 after 37 years with the company, the group has announced today. A substitute has not yet been named.

h By MDS
Mar 12, 2020 — 4:36pm

The Italian eyewear retailer has warned of a decline in the group’s sales in March, coinciding with the closure of stores and quarantine in Italy due to the coronavirus crisis.

All economic news of the key fashion companies worldwide.