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The global fashion business journal

Oct 19, 20196:13am


h By MDS
Dec 12, 2018 — 11:15am

Pablo Isla announced last September his plans to sell online all around the world by 2020. The first step was the release of an online platform with which it reached 106 new markets in November.

h By MDS
Dec 12, 2018 — 11:02am

Even though in base to October 2017, almost all chains shrunk their network of stores, during the third quarter (the one that comprehends the majority of openings) Inditex added twenty new stores up.

h By MDS
Dec 12, 2018 — 11:00am

The company’s top chain, Zara, has opened up five new stores in the North American market during the first nine months of the fiscal year in Denver, New York, Portland, New Orleans and California.

h By MDS
Dec 11, 2018 — 4:45pm

The American company has named Stefano Saccone, until now manager of the Eastpack brand in Europe, Africa and the Middle East, to pilot Vans in the same regions.

h By I. P. Gestal
Dec 10, 2018 — 10:00am

The group is facing a litmus test in its quarterly results after a weak half-year and during full transformation of its business model.  

h By I. P. Gestal
Dec 7, 2018 — 10:00am

 The chain from the Inditex group has signed a partnership with Perseida, property of Spanish Christian Lay, to develop a five perfumes line that is already in stores. 

h By MDS
Dec 4, 2018 — 4:30pm

In 2014, Blackstone acquired 6.9 million shares from the footwear company after an investment of 200 million dollars (176.2 million euros).

h By MDS
Dec 4, 2018 — 4:00pm

The Italian eyewear company has created the position of digital transformation director in the framework of its strategic plan which predicts to reach a revenue of 1.6 billion euros in 2020.

h By Mds
Dec 3, 2018 — 4:17pm
The results gathered by some of the brand’s lines have not met the expectations of PVH which, for 2019, predicts to go back to more commercial and affordable collections
h By MDS
Nov 30, 2018 — 5:00pm

At the beginning of the week, the company announced drastic changes within its structure, like the reduction of seven positions from its board or the suppression of 40% of jobs in its headquarters, to name a few.

h By MDS
Nov 30, 2018 — 4:30pm

The presidents from the three countries have signed today in the Argentinean city of Buenos Aires a new trade agreement that substitutes NAFTA. The treaty still needs to be ratified by all three countries.

h By MDS
Nov 29, 2018 — 5:00pm

The Spanish group of department stores and the Chinese e-commerce giant Alibaba have signed a partnership that addresses from trade agreements to technologic ones in order to speed up digitalisation.

h By I. P. Gestal / P. Riaño
Nov 29, 2018 — 10:00am

The women’s fashion company has filed for Spanish chapter 11 (concurso de acreedores). Several investors are interested in the group, including former Pronovias CEO  Andrés Tejero. 

h By MDS
Nov 27, 2018 — 5:00pm

The fashion company has traced a restructuration plan after several low fiscal years on a row. In 2018, the company boosted its sales up to 2.55 billion dollars (11.1 million euros).

h By MDS
Nov 27, 2018 — 4:00pm

The company, immersed in a deep process of restructuration, wants to “focus on the core business”, according to a statement they have released. Eighty employees will be affected by the closure.

All economic news of the key fashion companies worldwide.