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The global fashion business journal

19 Jun 201921:27


h By MDS
25 May 2018 — 17:00

The fourth largest fashion retailer in the world closed 39 stores during the period and opened 62 new retail locations, mostly Old Navy and Banana Republic.

h By MDS
25 May 2018 — 10:00

The German investment company is conducting negotiations with IBA Capital to get rid of the majority of commercial premises in the Spanish market that it acquired from Inditex in early 2018.

h By MDS
24 May 2018 — 17:45

The company, owner of lingerie brand Victoria’s Secret, posted a 7% revenues jump in the same period, compared to the 0.4% upsurge registered in fiscal 2017. 

h By MDS
24 May 2018 — 17:00

The fashion company, owned by British group Arcadia, has posted losses of 10.9 million pounds, burdened by an impairment on a fixed asset and provisions for onerous leases.

h By MDS
23 May 2018 — 17:35

The American group, which also owns the Anthropologie and Free People chains, ended the period with sales of 855.7 million dollars (725.8 million euros) and a profit of 41.3 million dollars (35.03 million of euros).

h By MDS
23 May 2018 — 17:00

The Shandong Ruyi-owned French group has continued to extend in the Chinese market, where consumption has speeded up again and premium and luxury players have new growth perspectives.  

h By MDS
22 May 2018 — 17:43

The shoe company, owned by Tapestry, said in a statement that it “is committed to an environment where every individual feels respected and at times his behavior fell short of these standards”.

h By MDS
22 May 2018 — 17:32

Since Pietro Beccari took over the reins of the brand in June, he’s named a new creative director for Dior Homme and Jens Riewenherm as digital director.

h By MDS
18 May 2018 — 18:00

After going through heavy adjustments and restructuring, the US distribution giants regained momentum and finished the first three months of the year with improved fiscal results.

h By MDS
18 May 2018 — 17:00

The Swiss luxury group, which is about to close Yoox Net-a-Porter’s acquisition, registered a turnover of 10.98 billion euros during last fiscal year (closed on March 31).

h By MDS
17 May 2018 — 17:00

Inditex’s main fashion chain has opened once again its flagship store in London, where it has added an online-dedicated area and two automated pick-up stations for online orders.

h By Iria P. Gestal / L. Molina
17 May 2018 — 10:00

The Canadian company closed the brand’s purchase in early 2017. At the moment, American Apparel will operate in the Iberian Peninsula only through ecommerce.

h By MDS
16 May 2018 — 18:00

The company’s revenues amounted to 2,7 billion pounds (3,1 billion euros) during last fiscal year, closed on March 31. The company is currently rebuilding its management team.

h By MDS
16 May 2018 — 17:50

Consolidated revenues of the company amounted to 2,188,435 million pesos (2,924 million euros), which represents an increase of 2.8% compared to the same period of the previous year.

h By MDS
16 May 2018 — 17:30

Between January and March, the Mexican department store chain gained 337.9 million Mexican pesos (17.1 million dollars), compared to 114.5 million pesos (4.8 million euros) last year.

All economic news of the key fashion companies worldwide.