Feb 7, 2020 — 4:02pm
L'Oréal ends another yet with record sales. The French cosmetic giant has ended its last fiscal year (closed on December 31) with positive increases in its sales and revenue.
Companies
Feb 7, 2020 — 9:00am
The British brand that was acquired by the German Group Ineos, plans on relaunching the company in the US with a new opening in New York City.
Feb 6, 2020 — 7:46pm
The American sportswear distributor will entrust the command of its operations in the three Spanish-speaking countries to Grupo Axo, while Grupo SBF will take charge of the business in Brazil.
Feb 6, 2020 — 7:03pm
Tapestry stumbles in its first semester. The US holding fashion group experienced a 0.3% in its revenues in the first half of the year 2020, to 3.17 billion compared to the 3.18 billion dollars of sales it made sales in the same period of the previous year.
Feb 6, 2020 — 6:04pm
The American cosmetics giant has completed its first six months (June to December) with revenue of 8.5 billion dollars. The EMEA market saw a tremendous growth, similarly to the Estée Lauder skin care category, which is the division that grew the most.
Feb 6, 2020 — 5:03pm
Azzaro’s new artistic director, Olivier Theyskens, will design the company’s couture collection, which will be presented in the French capital in July.
Feb 6, 2020 — 4:33pm
The American sportswear company has added two new executives to its team, Colin Browne as chief operating officer and Paul Fipps as chief experience officer.
Feb 6, 2020 — 4:01pm
The Italian luxury brand, owned by Mayhoola investment fund has just named Marco Giacometti as its new chief commercial officer who will assume his role in mid-April.
Feb 5, 2020 — 7:00pm
The American cosmetic group has closed the first six months of 2020 with a net income of 39 million dollars.
Feb 5, 2020 — 7:00pm
The company warns the coronavirus outbreak impacted its growth. In the third quarter, Michael Kors has reduced its sales by 5.1%.
Feb 5, 2020 — 6:50pm
Katie Bickerstaffe start her new role as CEO on 27th of april, 2020. The executive has been CEO for SSE Energy Services, one of the biggest energy providers in UK, and part Mar&Spencer's board.
Feb 5, 2020 — 5:03pm
The American department store chain, Macy’s, has also presented its preliminary accounts for the year of 2019 and estimates closing the year with a revenue of 24.5 billion dollars.
Feb 5, 2020 — 4:36pm
The LVMH owned chain will be opening 100 stores across 75 cities in 2020, the new locations will be housed in streets and local center locations.
Feb 5, 2020 — 4:02pm
The French beauty company is in talks with the investment fund Impala for the sale of one its cosmetic brand, the deal is expected close this summer.
Feb 5, 2020 — 9:00am
The French luxury brand has recently appointed, Marc Sjostedt, a company veteran.
All economic news of the key fashion companies worldwide.
