Inditex, H&M, Decathlon or Primark are some of the major operators in the sector that have already opted to source from the African country. Chinese know how and low labour costs are its main incentives for the sector.
The British shoe company, currently, owned by Permira is in talks with the American fund.
The American outdoor company fortifies its presence with openings in key markets.
The cosmetic giant ended the fiscal year 2019 with a revenue of 3 billion dollars
The eyewear giant has ended the last fiscal year with a revenue of 17.4 billion dollars.
The Italian luxury company is set to fortify its presence in the busy city of London, making this its third directly-operated-store of the brand in the British capital.
Sonia Syngal will relieve CEO Robert J. Fisher, who occupied the position on an interim basis since the exit of Art Peck.
Maus Frères, the parent company of Lacoste, The Kooples, Gant and Aigle, has increased its sales and announces new name for the group.
The company enable its clients to benefit from the Swedish group’s expertise and long-term supplier partnerships, from from product development to production and logistics
The new store is located in Malé, the capital of the country. The fashion retailer is present in 27 countries in the Asian continent.
The US company has ended its last financial year with a revenue of 4.3 billion dollars.
The British thread maker giant ended the year with a net profit of 115.8 million dollars.
The German fashion company has concluded the last year with a net result of 212 million euros and a revenue of 2.9 million euros (3.2 billion dollars).
After two decades, Federico Marchetti, who founded Yoox, will hand over the CEO role when a successor is found. He will stay on as Chairman.
The French sneakers company has picked Manhattan to open its first store in the United States.
All economic news of the key fashion companies worldwide.
