Dior and Nike follow the footsteps of Prada and Adidas, that signed a collaboration earlier this month to create a pair of sneakers.
Companies
The luxury footwear company has decided to close its flagship store in New York, located in Midtown West 54th street. This is the only free-standing store left of the company in the United States.
The Austrian fiber manufacturer has introduced a new technology to scale the production of Tencel Lyocell x Refibra fiber, which uses post-consumer cotton waste.
The Catalyst’s Group offer was of eleven Canadian dollars (8.2 dollars) per share and it exceeds the initial offer presented by the chairman of the group of 10.30 Canadian dollars (7.7 dollars) per share.
The executive will lead the women’s fashion and lingerie divisions, with special emphasis on own brands.
The company has opened two pop up stores, located in Cancun, in Palacio de Hierro, and in Tulum, in Azulik Hotel.
The analysists expect the Spanish fashion retailer giant to end the period with revenues valued at 7.7 billion dollars (6.9 billion euros).
The French fashion luxury company has announced that after the leave of Piombini a new chief executive officer will be appointed in February 2020.
The American group expects to reduce debt of 1.7 billion dollars with its plan to spin off its fast-growing Madewell brand into a separate public company.
The Italian company has announced its comeback to the Asian country with the opening of three mono-brand stores in fall 2020.
The American fashion retail company has shared a new strategy to increase profitability in the following five years.
The company has reacted to bad results with more experimentation and more innovation to place itself in a pole position when fashion completes its transformation.
Patrik Söderström, until now vice president of global markets and sales of the company, will assume its new role starting February 1, 2020.
The Danish fashion company finished its fiscal year with a revenue of 3.5 billion euros. The company says it should put a greater focus on its retail and online business.
The group that owns Bruno Magli or BCBG Max Azria wants to acquire the intellectual property of the brand and Destination Maternity ecommerce business.
All economic news of the key fashion companies worldwide.