The deal signed in August includes the brand Lord&Taylor, its intellectual property, ecommerce channels and the associated inventory. Hudson’s Bay will hold an equity stake of 25% in Le Tote.   

The American ecommerce giant has invested more than 737 million dollars in the country since its arrival in 2014.

The Swiss luxury holding, owner of Montblanc or Cartier, has ended the period with a revenue of 8 billion dollars.

The Italian group has registered a revenue of 459.2 million euros. Sales in the Asian country rose 14% during the period.

The French menswear company has drawn up a new strategic plan on a global scale that involves introducing more experience in stores and renovating its merchandising.  

Art Peck leaves office as president and chief executive officer of the fourth largest fashion retailer. Robert J. Fisher, son of the founders, relieves him on an interim basis.

The American fashion company’s sales reached 1.7 billion dollars in the quarter ended September 28 of its fiscal year.

The Japanese perfume and cosmetics company has ended the period with a profit of 75.2 billion yen (689 million dollars).

The Spanish footwear company has formalized a new revolving line of credit for the development of a type of footwear with ecological awareness that minimizes the environmental impact.

The new concept allows the sales associates to take the jewels out of the showcase so that customers can try their products.

Jean-Marc Pambet retires next January of the company dedicated to the manufacture and design of sports equipment for skiing.