The German sports brand exceeded for the first time in history the barrier of 5.5 billion euros (5.95 billion dollars) in revenue, while its earnings stood at 262.4 million euros (283.8 million dollars).

The Asia-Pacific regions are the ones that contribute the most to the global business of Adidas, with a revenue of 2.1 billion euros (2.3 billion dollars) until September 2019, although China’s specific share remains unknown.

Marina Raphael, a business management graduate, and a descendant of the Swarovski family forges her own path follwing the launch of her own handbag brand. 

Andy Campion will become the group’s chief operating officer after leaving the financial management, which is assumed by the vice president for investor relations. Heidi O’Neill will oversee the consumer and marketplace division.

The American group of department stores Macy’s faces another challenge as debt watchdog Standard & Poor’s demotes its credit to a lower ranking of “BB-plus” from “BBB-minus”

The board of directors of the British fashion company will go from thirteen members to nine, as part of a strategic plan led by Rachel Osborne, current interim executive director of the brand.

Juicy Couture, a Los Angeles-based brand has forged a licensing agreement with NYC Alliance to produce Juicy Couture’s sportswear for women.

In 2019, the company ended the year with sales of seven hundred million euros (756 million dollars), 54% more than the previous year. In 2020, the company expects to close with a 30% increase.

The footwear and accessories company, which was acquired by Apax in 2013, has officialized its initial public offering.

The Swedish fashion company launches the rental service for the spring-summer 2020 collection as part of its sustainability initiatives.