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The global fashion business journal

May 10, 20217:41pm


h By P. R. D. / I. P. G
Feb 26, 2020 — 8:33am

The Saudi group, which started off with losses in the second quarter of the year (closed last September), is restructuring its network of stores and severing ties with brands. 

h By MDS
Feb 26, 2020 — 4:07am

The Chilean department store company has ended the year with a revenue of 11.4 billion dollars. A bittersweet year for the compnay due to the both gains and losses. 

h By MDS
Feb 25, 2020 — 7:03pm

Grupo Kattan, a manufacturing giant is looking for a venture partner with the aim of building a $70m woven fabric plant in Honduras.

h By MDS
Feb 25, 2020 — 6:23pm

The American department store chain has concluded the year with a revenue of 24,560 million dollars and a net income of 564 million dollars.

h By MDS
Feb 25, 2020 — 6:21pm

The US sports equipment company, which owns the Merrell and Saucony brands, finished the last fiscal year with revenues of 2.3 billion dollars, up 22.2%.

h By MDS
Feb 25, 2020 — 5:51pm

The British footwear company has incorporated Lorenzo Moretti, former CEO of Office, as the company’s chief executive, a position he will hold from next week.

h By MDS
Feb 25, 2020 — 5:16pm

China is a key market for the French SMCP that owns brands such as Maje, Sandro or Claudie Pierlot. Sales have already decreased in February due to the closure of stores.

h By MDS
Feb 25, 2020 — 4:47pm

The franchisee of brands such as CK Calvin Klein or Tommy Hilfiger continues spending, counting two acquisitions in less than two weeks.

h By MDS
Feb 25, 2020 — 4:03pm

The British fashion company seeks to recover 58 million pounds in its inventory through the sale of its headquarters in London, known as the Ugly Brown Building.  

h By F. Tatiana. Ngo Bii
Feb 25, 2020 — 9:00am

The Swedish giant distributor, second by revenue plans to relaunch its store in Oxford street this spring after closing last August for refurbishing purposes. The relaunch is set to display an array of innovative elements as demonstrated in H&M’s recent openings in other cities.

h By MDS
Feb 24, 2020 — 6:27pm
The Canadian company of athletic apparel has released a statement disclosing the closure of 33 stores in China due to the impact of the coronavirus epidemic.  
h By MDS
Feb 24, 2020 — 5:13pm

Havaianas’ parent company has appointed Vittorio Fioro as general manager for the group’s business in Europe, the Middle East, and Africa.

h By MDS
Feb 24, 2020 — 4:47pm

The Italian company has decided to close its headquarters and production centers in Lombardy, Emilia Romagna, Veneto, Trentino and Piedmont for a week.

h By MDS
Feb 24, 2020 — 4:03pm

The closure of physical stores and the difficulty in moving through the coronavirus crisis has meant that the company’s ecommerce platform in China has triggered its sales.

h By MDS
Feb 24, 2020 — 10:04am

The Irish company who has just released an update prior to entering the close period for its interim results for the 24 weeks to February 2020 has announced two additional store openings in the American market.

All economic news of the key fashion companies worldwide.