Sabine Hernanz, with twenty years of experience in the sector, will lead retail operations in Spain, Portugal, France and Italy. Besides, the Dutch denim company has incorporated a new global head of merchandising.
The current head of retail at Apple was the architect of Burberry’s transformation. This is the return of Ahrendts into fashion since she joined the technology company in 2014.
After raising 130 million euros, Nexxus Iberia has started to look for investments with an eye on Spanish fashion companies. The venture capital firm aims to bring their investees to Mexico and Colombia.
De Beers, Chopard, Tag Heur or Tiffany are some of the brands that will join the offering curated by the ecommerce platform, which has doubled its efforts in the high-end field.
The German ecommerce giant registered a turnover of 1,196 million euros during the first quarter of its fiscal year. The company reported a net profit of 5.1 million euros in the same period of 2017.
The company has bought 50.9% of the shares from the previous majority shareholders of the lingerie company. Following the deal, the Austrian company hopes to boost its expansion in Asia.
The Spanish executive left the company in April after twenty months in office, based in Paris. Jadraque, former chief at Desigual, will focus from now on consulting endeavours.
As revealed yesterday, the Spanish group has been adjusting its huge store network during five years, as ecommerce gained momentum in the company’s turnover. Inditex is now adapting logistics and product to take the business to the next level.
All economic news of the key fashion companies worldwide.
