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The global fashion business journal

Feb 28, 20214:25pm


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.

h By MDS
Mar 12, 2020 — 4:02pm

The Italian fashion company focuses its growth on the European market and ensures that the coronavirus crisis will be temporary. The company grew by 8.6% and increased its profit by 4% in 2019.

Mar 12, 2020 — 9:00am
The Spanish fashion retailer leaves behind three years in losses and earns 21 million euros ($24 million). The group has recorded sales of 2.4 billion euros ($2.7 billion).  
h By MDS
Mar 11, 2020 — 6:23pm

Adidas has announced that its business in China has fallen between $908 million and $1.1 billion in the first three months of 2020. 

h By MDS
Mar 11, 2020 — 6:04pm
The Italian group increased its net profit by 1.7%, to 92 million euros and invoiced 1.4 billion euros in 2019.  
h By MDS
Mar 11, 2020 — 5:03pm
The professional beauty division, which includes Wella, Ghd or Clairol, could be sold for $8 billion. 
h By MDS
Mar 11, 2020 — 4:01pm
The sports fashion company ended its last year with 23.6 billion euros (26.8 billion dollars) in revenue and with a profit of 1.98 billion euros (2.2 billion dollars).  
h By Iria P. Gestal
Mar 11, 2020 — 9:00am

Manel Adell, former leader of Spanish group Desigual, has left the board, following the exit of José María Castellano, former Inditex CEO, last year.

h By mds
Mar 10, 2020 — 8:00pm

French luxury group is planning to open a new center in the country as part of its effots to improve traceability in its supply chain.

h By mds
Mar 10, 2020 — 5:05pm

The analysts expect the epidemic to have a greater impact in Europe in the second quarter of the year, affecting the two largest European fashion groups.

h By mds
Mar 10, 2020 — 5:00pm

Italian fashion group OTB, which also owns Maison Margiela and Marni, is keeping its target for 2020 despite the coronavirus epidemic.

h By mds
Mar 10, 2020 — 4:10pm

The Portuguese group is the first big fashion company in Portugal and Spain that has announced this measure. On the other hand, Nike and Givaudan has taken similar measures.

h By mds
Mar 10, 2020 — 4:06pm

Joshua Schulman, until now responsible for Coach, will leave his post after the transition period.

h By mds
Mar 10, 2020 — 4:00pm

The cosmetics company has announced a cost savings plan of 230 million dollars until 2022.

h By Mds
Mar 9, 2020 — 6:00pm

The company has appointed Massimo Renon as new chief executive officer. Renon has managed Italian eyewear giant Marcolin for the last three years.

All economic news of the key fashion companies worldwide.