The beauty giant has appointed Stéphane Rinderknech as head of the business in the Unites States while former CEO Frédéric Rozé will become executive vice president, Americas.

The British company, that operates in the country with local distributor Cia de la Moda, will open in number 44 of the Madrid street Claudio Coello.

The shares of the Italian intimate wear will start to list next Friday in the Paris stock exchange with the forecast of arriving at a market capitalization of 473 million euros (518 million dollars).

The American retailer, owner of Coach, Kate Spade and Stuart Weitzman has named Jide Zeitlin, current president of the board of directors as a relieve of Victor Luis.

The American luxury department stores group, that at the beginning of year refinanced its debt to 4.6 billion dollars, is in the middle of a restructuration of its business.

The singer accuses the American fashion retailer, that is reportedly about to file for bankruptcy, of using a look alike model in its ads and trying to convince its customers that it had partnered up with her.

The company landed in Spain in 2009 but didn’t manage to open its way in a market full of competitors. Now, the group plans a new offensive in the country.

The qualification agency gave a good valuation to the business strategy of the Spanish department stores giant, the reduction of its debt, the financial flexibility and the operational of real states business.

Weibo, a Chinese platform similar to Twitter, announced yesterday the launch of a new social media, Oasis.

David Shepherd has reportedly left his position after more than 25 years in the British company owner of brands like Topshop, Topman and Dorothy Perkins.

The American retail giant, that operated in the country until 2016, has opened a new store in the capital of the country.