The Yoox Net-a-Porter group, owned by luxury holding Richemont, has appointed Fiona Firth, until now buying director of Mr Porter, as new managing director of the menswear ecommerce platform.
The American sportswear company has ended the second quarter of its fiscal year with a turnover of 10.3 billion dollars, up 10% year-on-year.
The Swedish group has been experimenting with new store concepts and chains for the past years. H&M has launched three new chains since 2017 and closed other two.
The German online fashion retailer, Zalando, will start the construction of its new offices next April, it expects to create 450 new job opportunities in Berlin.
The new Manolo Blahnik store will open at 717 Madison Avenue, a double-fronted store that will replace the smaller unit. It’ll be designed by architect David Thomas of Thomas Design, in collaboration with Manolo Blahnik and Kristina Blahnik.
Centric brands have reportedly acquired the American fashion designer trademark, Zac Posen. The latter is currently sorting out the details regarding his contribution to the new business agreement.
The Chilean ecommerce platform, owned by the group of department stores Falabella, will open a pop-up store at Mallplaza Egaña shopping mall, in Santiago, where it will sell cosmetic, books and technology.
Eric and Michael Dayan, co-founders of ShowroomPrivé, have acquired the company, which was in liquidation since last September.
The Brazilian cosmetics group has appointed three new members to its board of directors coming from the recently acquired American company Avon.
The Spanish fashion giant has opened twenty-one new stores in Mexico in the third quarter of its fiscal year. In total the group has opened 68 new stores in the period worldwide.
The chief executive officer of the bridal fashion company since 2018, Amandine Ohayon, has been creating a senior leadership team tapping talent from Hermès, Bottega Veneta, Lanvin and Balenciaga.
The merger of the two beauty manufacturers and service providers is to create a one-stop shop for the industry that has a complete offer from packaging to other services.
The German cosmetics company had a revenue of 3.5 billion euros (3.9 billion dollars) in its fiscal year 2019. Online sales reached 585 million euros (652 million dollars), up 38.2%.
The American company store will be located in Via della Spiga 5, one of the main shopping areas in the Italian city, and its part of the company’s plan to expand across Europe and Asia.
The American beauty company has reorganized part of its senior leadership team after the departure of Tara Simons, former senior vice president of merchandising.
All economic news of the key fashion companies worldwide.
