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The global fashion business journal

May 16, 202111:09pm


h By MDS
Feb 28, 2020 — 10:01am

The German ecommerce platform has increased its sales by 20.3% in 2019, up to €6.5 billion (7.1 billion dollars), and skyrocketed its profit by 94%.

h By F. Tatiana. Ngo Bii / Carmen Juárez
Feb 28, 2020 — 9:00am

The Italian company Elisabetta Franchi has just tapped a Valentino exec to its board of advisors. Sebastian Suhl, the ‘golden boy’ of luxury, joined the company this February.  

Feb 28, 2020 — 8:43am

The cruelty free cosmetics company launches its international strategy with the opening of 90 corner stores in United States in an alliance with department store giant, Macy’s.

h By MDS
Feb 27, 2020 — 7:14pm

The department store has also reduced its sales by 8.1%, with a revenue of 10.7 million dollars.

h By MDS
Feb 27, 2020 — 6:54pm

The company reached sales of 1.8 billion dollars and a net income profit of 147 million dollars in the last year.

h By MDS
Feb 27, 2020 — 6:23pm

The company has boosted its business in its local market with 3,000 million Mexican pesos of investment. 

h By MDS
Feb 27, 2020 — 4:43pm

The Spanish Jewelry company expects to boost its international business in 2020 by strengthening its presence in the United States, United Kingdom, Asia, and on platforms such as Zalando.

h By MDS
Feb 27, 2020 — 4:03pm

The British fashion house, Jimmy Choo, that specializes in luxury shoes is bidding farewell to its eight-year CEO, Pierre Denis, the executive who took the company public.

h By F. Tatiana. Ngo Bii
Feb 27, 2020 — 9:00am

The American footwear company will expand its footprint in Europe with the opening of a new flagship store in Oxford Street. 

h By P. R. D.
Feb 27, 2020 — 8:08am

The company has set itself the goal of fortifying its presence in Latin America, Spain, Italy and Portugal in 2020, a year in which it expects to grow 20%.

h By MDS
Feb 27, 2020 — 4:03am

The American giant recorded a full-year net loss of $366.4 million compared to the $643.9 million of last year. Victoria’s secret equally registered a 10% decrease in the fourth quarter for both stores and direct and stores only.

h By MDS
Feb 26, 2020 — 5:51pm

The group of department stores recorded revenue of 8.2 billion dollars in 2018, while its profit was 672 million dollars, up by 5.8% compared to 2018

h By MDS
Feb 26, 2020 — 5:03pm

The French luxury company has registered a revenue of 6.9 million euros (7.5 billion dollars) in the last year. The group’s profit reached 1.5 billion euros (1.6 billion dollars).

h By MDS
Feb 26, 2020 — 4:43pm

The company plans to expand its network of physical stores with the opening of two new stores in Chicago and San Francisco for the spring and summer season, respectively.

h By MDS
Feb 26, 2020 — 4:04pm

The American fashion company has signed Daniel Culle, former director of H&M in North America, after sealing its sale last week for eighty million dollars.

All economic news of the key fashion companies worldwide.