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The global fashion business journal

Jul 18, 202411:04am


h By MDS
Sep 13, 2018 — 6:03pm

The group, owner of Donna Karan, Vilebrequin and G.H. Bass among other brands, ended the period with revenues of 1.24 billion dollars (1.06 billion euros).

h By P. Riaño / L. Molina
Sep 13, 2018 — 10:00am

The Spanish giant, owner of Zara, registered one of the poorest financial performances in recent years during the second quarter of fiscal 2018.

h By MDS
Sep 12, 2018 — 5:15pm

The Spanish group, owner of Zara, registered sales of 12.02 billion euros in the first nine months of fiscal 2018 (period ended on July 31). Net profit reached 1.41 billion euros.

h By MDS
Sep 12, 2018 — 4:28pm

If the company reaches its goal, the skate-inspired footwear brand sales will grow between 10% and 12% during the next five years. Currently, Vans revenues exceed 3 billion dollars (2.59 billion euros).

h By MDS
Sep 11, 2018 — 5:06pm

Philippe Cornu, who has been working at the French cosmetics group for over thirty years, is replacing Alain Evrard at the global helm of acquisitions and external business development coinciding with his retirement.

h By MDS
Sep 11, 2018 — 4:29pm

The agreement between both companies, which operate over 240 stores in Germany, was signed last July and sees Signa, owner of Karstadt, turn majority shareholder with a share slightly over 50%.

h By MDS
Sep 10, 2018 — 5:26pm

The founder of the Chinese ecommerce giant will hand over the role to Daniel Zhang, currently chief executive officer. Ma has pointed out that his exit will enable “younger and more talented” people to be at the front.

h By MDS
Sep 10, 2018 — 4:51pm

The company expects to increase its revenues by 6%, fuelled by the store openings carried out throughout the fiscal year. The fashion retailer, owned by AB Foods, has blamed its negative performance in northern Europe to altered weather conditions.

h By P. Riaño / L. Molina
Sep 5, 2018 — 10:00am

The Spanish group will sell via ecommerce worldwide by 2020, regardless if it operates brick-and-mortar stores or not. Besides, the company will integrate both its online and offline stock and take advantage of its physical capillarity in front of Amazon or Asos.

h By P. Riaño/ L. Molina
Sep 4, 2018 — 6:52pm

Pablo Isla, the group’s chairman and chief executive officer, has announced today in Milan that Zara’s parent company will sell online in all countries worldwide and with all retail concepts within two years.

h By MDS
Aug 10, 2018 — 5:02pm

The British sporting goods retail chain has acquired all business assets, including the stores and the stock, of the department store chain, which went into administration.

h By MDS
Aug 9, 2018 — 5:21pm

The German sporting goods retailer ended the first six months with a net profit of 938 million euros, while revenues reached 10.8 billion euros, up 3% year-on-year.

h By MDS
Aug 8, 2018 — 5:00pm

The American retail chain is working on an online-only clothing label aimed at young consumers. The project is spearheaded by Andy Dunn, founder of Walmart-owned ecommerce site Bonobos.

h By MDS
Aug 3, 2018 — 7:00pm

The company, owned by the French luxury conglomerate, could soon incorporate Jenny Galimberti, global director of communications and events at Louis Vuitton, as its CEO.

h By MDS
Jul 30, 2018 — 6:43pm

The German company will inaugurate the shop in August, located in the Westfield London shopping centre. The store opening occurs two years after the company simplified its brand portfolio.

All economic news of the key fashion companies worldwide.