Maus Frères, the parent company of Lacoste, The Kooples, Gant and Aigle, has increased its sales and announces new name for the group.
Companies
The company enable its clients to benefit from the Swedish group’s expertise and long-term supplier partnerships, from from product development to production and logistics
The new store is located in Malé, the capital of the country. The fashion retailer is present in 27 countries in the Asian continent.
The US company has ended its last financial year with a revenue of 4.3 billion dollars.
The British thread maker giant ended the year with a net profit of 115.8 million dollars.
The German fashion company has concluded the last year with a net result of 212 million euros and a revenue of 2.9 million euros (3.2 billion dollars).
After two decades, Federico Marchetti, who founded Yoox, will hand over the CEO role when a successor is found. He will stay on as Chairman.
The French sneakers company has picked Manhattan to open its first store in the United States.
The Swedish giant closes its warehouse in Stoke-on-Trent, and moves to Milton Keynes, just outside London.
Patrick Pergament, who took office in 2010, will leave the children’s fashion company, which is already looking for a new successor. Pergament relieved Christian Blanckaert in office.
The American fashion retailer ended the fiscal year 2019 with sales of 4.1 billion dollars.
The department store chain will go from having two presidents to a single CEO, Erik Nordstrom.
Richard Baker will relieve Helena Foulkes as CEO while the Canadian chain prepares to go private at the end of the day.
German-based streetwear retailer Snipes will expand its footprint in the American market with a new opening in Brooklyn.
The partner of Mango and Inditex in the Middle East has obtained a Murabaha, a type of Islamic financing used to finance consumer goods, raw materials, vehicles or homes.
All economic news of the key fashion companies worldwide.