The Saudi group, which started off with losses in the second quarter of the year (closed last September), is restructuring its network of stores and severing ties with brands. 

The Chilean department store company has ended the year with a revenue of 11.4 billion dollars. A bittersweet year for the compnay due to the both gains and losses. 

Grupo Kattan, a manufacturing giant is looking for a venture partner with the aim of building a $70m woven fabric plant in Honduras.

The American department store chain has concluded the year with a revenue of 24,560 million dollars and a net income of 564 million dollars.

The US sports equipment company, which owns the Merrell and Saucony brands, finished the last fiscal year with revenues of 2.3 billion dollars, up 22.2%.

The British footwear company has incorporated Lorenzo Moretti, former CEO of Office, as the company’s chief executive, a position he will hold from next week.

China is a key market for the French SMCP that owns brands such as Maje, Sandro or Claudie Pierlot. Sales have already decreased in February due to the closure of stores.

The franchisee of brands such as CK Calvin Klein or Tommy Hilfiger continues spending, counting two acquisitions in less than two weeks.

The British fashion company seeks to recover 58 million pounds in its inventory through the sale of its headquarters in London, known as the Ugly Brown Building.  

The Swedish giant distributor, second by revenue plans to relaunch its store in Oxford street this spring after closing last August for refurbishing purposes. The relaunch is set to display an array of innovative elements as demonstrated in H&M’s recent openings in other cities.