The company owned by the French holding Kering has closed its productions sites until March 20 because of the coronavirus.
The Austrian viscose group ended the last year with sales of 2.1 billion euros (2.4 billion dollars) and a net profit of 114.9 million euros (130 million dollars).
The Belgian manufacturer of leather goods, Delvaux, is set to expand its footprint in the
American market with the opening of its first flagship store on Fifth Avenue.
The German fashion retailer chain assures that it does not expect a short-term normalization of the situation in other territories.
Gerald W. Ewans will retire on January 2, 2021 after 37 years with the company, the group has announced today. A substitute has not yet been named.
The Italian eyewear retailer has warned of a decline in the group’s sales in March, coinciding with the closure of stores and quarantine in Italy due to the coronavirus crisis.
The Italian fashion company focuses its growth on the European market and ensures that the coronavirus crisis will be temporary. The company grew by 8.6% and increased its profit by 4% in 2019.
Adidas has announced that its business in China has fallen between $908 million and $1.1 billion in the first three months of 2020.
Manel Adell, former leader of Spanish group Desigual, has left the board, following the exit of José María Castellano, former Inditex CEO, last year.
French luxury group is planning to open a new center in the country as part of its effots to improve traceability in its supply chain.
All economic news of the key fashion companies worldwide.
