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The global fashion business journal

Oct 10, 202412:20pm

Companies

h By MDS
Jan 4, 2019 — 4:00pm

The majority shareholder and chief executive of the Canadian department store group has signed an agreement to acquire 18 million ordinary shares by means of Rupert of the Rhine entity.

h By Iria P. Gestal
Jan 4, 2019 — 10:00am
Sears, L Brands, Esprit. The CEOs of the largest fashion companies face twelve months that will be key for its future.
h By C. Juárez
Jan 4, 2019 — 9:56am

The fashion sector finds itself in the middle of a never-ending discounts and promotions battle. Data analysis will be the key for retailers to regain the control, according to the report Powerful pricing: The next frontier in apparel and fashion advanced analytics by McKinsey.

h By MDS
Jan 3, 2019 — 6:08pm

Edward S. Lampert has an ace up his sleeve in case his first bid, consisting of 4.4 billion dollars, does not receive the status of qualified offer.

h By Iria. P. Gestal
Jan 3, 2019 — 10:00am

Mercedes Gorriti, who took over the manager position in womenswear in 2015, was part of Spanish childrenswear brand Gocco’s founder team and was assistant manager in the retail section in Continente before signing up with the department store’s group.

h By Mds
Jan 2, 2019 — 5:00pm

The French fashion company, property of the group Modacin, has signed an agreement in which the brand will be now owned by its creditors, among them the investment funds Farallon, Carval and CVC, after not being able to face its debt.

h By Modaes
Dec 27, 2018 — 10:40am

The Spanish fashion company sets its sight in Chile, where it already gathers a total of 55 points of sale in collaboration with Falabella. The company’s plans for the territory are aimed at its settlement in the country’s main cities.

h By María Bertero
Dec 27, 2018 — 10:00am
Whilst Retail Apocalypse was taking over the northern hemisphere, Latin American fashion giants reacted in time. They started to accelerate their omnichannel strategies taking advantage of the low penetration that titans like Amazon have, for now, in the region. 
h By Jaime Cevallos
Dec 26, 2018 — 10:00am

American department stores are deeply immersed in restructuring processes compelled by the brick crisis and the rise of pure players. 

h By Modaes
Dec 24, 2018 — 10:18am

The Belgic designer’s creative proposal for recent collections was not well received by the group’s leadership who regarded it as expensive, extravagant and distant from the brand’s DNA.

h By MDS
Dec 21, 2018 — 4:30pm

The fashion retail giant created the joint venture named TreeToTextile along with Ikea and Lars Stigsson to industrialise the production of sustainable fibres.

h By MDS
Dec 21, 2018 — 4:00pm

The sports fashion titan from America raised its volume of business up to 19.32 billion dollars (16.9 billion euros) from June to November

h By S. Riera
Dec 20, 2018 — 10:00am

El Corte Inglés shelves one of the most challenging years of its history. Caught in the middle of an internal battle, the group has refinanced a debt of 3.65 billion, has carried out its first issuance of bonds and has let foreign investors take a stake in the company.

h By MDS
Dec 19, 2018 — 6:00pm

The department stores company declared its bankruptcy last October as well as its restructuring plan, which includes a reduction of the network of stores.

h By MDS
Dec 19, 2018 — 4:00pm

The French luxury company, after making a recent announcement that it will no longer use fur for its collections, has just taken a stake in Sulapac, a Finnish group that produces biodegradable materials.

All economic news of the key fashion companies worldwide.

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