The Spanish bridalwear company, owned by BC Partners, has also prepared an expansion plan in the United States that considers eight openings in the East Coast, as well as its relocation in New York.
The Portuguese company explained that despite the complicated fiscal year for the whole sector, the biggest brands of the division recorded a positive evolution.
The French company has run out of the steam it had years ago for the evolution of its model. The company grew through sales and, now, it wants to become stronger to go to the market.
The French e-commerce platform announced that it will integrate all the companies that it acquired under the same brand, and for that end, the company hired a team of 250 professionals.
The intimate fashion chain from Inditex reinforces its bet on the sportswear segment with the launch of the new brand Oysho Sport. The category brings more than 50% of the chain sales.
With a trajectory of more than twenty years in Inditex and after leading the chain Cortefiel in 2015 and 2016, the Spanish executive leads in Spain the commercial office of an industrial group in Bangladesh.
The company incorporated Darrel Palfrey to its team to lead the new digital strategy of the group. The objective is to build an integrated platform that connects retailers and suppliers.
The German fashion company, which has advanced the results of 2018 fiscal year, closed the period with a revenue of 2.79 billion euros at constant exchange rates.
The German company of sports clothing and equipment will maintain its offices in Massachusetts, where currently has two buildings that in 2021 will be merged into one of almost 14,000 square meters.
The manager, one of the heavyweights of fashion industry in the United States, left the chairmanship of J. Crew after fifteen years leading the company.
The company, owned by Group Mascaró, started a reorganization of its retail network last year. “We are focusing on the stores and platforms that give us more profitability and those better for the brand,” explains David Bell.
The childrenswear company will shut down a great part of its 900 stores. This is the second time that the company goes bankrupt.
The holding registered a revenue of 10,635 million dollars between March and December, which represents a growth of 14% in comparison with the same period the previous year.
The Irish company of low cost fashion, which has advanced the result of the first three months of exercise (period ended on January 5), increased its selling space by 27,871 square meters.
The French luxury conglomerate is negotiating with the singer the launch of a firm with her name. It would be the first brand that LVMH releases from scratch since Christian Lacroix, in 1987.
All economic news of the key fashion companies worldwide.
