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Companies
The Colombian companies are planning to enter Spain through retail and with partnerships with department stores like El Corte Inglés.
The Italian luxury company will participate in a three-month acceleration program supported by Startupbootcamp and held at the WeWork co-working space in central Milan from January 20.
The ecommerce platform that gives circular solutions to apparel and textile brands has announced a 5.5 million series A financing round to expand into Europe and boost US operations.
The retailer, owned by the Lane Crawford group, has received cash price offer of 0.28 Hong Kong dollars per share to delist the company. The offer has been made by the Woo Family.
The American sportswear company has patented Cryptokicks, which aims to track counterfeits. The company got the approval from the US Patent and Trademark Office on Tuesday.
The French luxury company has signed Jean-Jacques Guével as new CEO. The executive was, up until now, general manager of Zadig&Voltaire.
The Italian fashion company has opened a new store in one of the largest shopping malls in Europe, Westfield London. The company is already present in the UK with 53 points of sale.
The Spanish giant has reduced its stock by 5% in the third quarter. Its weapons? Store optimization and Rfid.
Anna Bakst will be departing the company at the end of the calendar year. Until a replacement is found, the chief financial officer of Kate Spade, Joanne Crevoiserat, will take the reins.
Andy Dunn, co-founder of the online menswear platform Bonobos, is leaving its Walmart two years after he sold his company to the American retailer.
The British company has announced that Nigel Oddy will take the position of chief executive officer from January 1, 2020. Oddy replaces Alistair McGeorge, who will become chairman of the board.
The rating agency has lowered the perspective of the Spanish bridal fashion company due to a low performance of the company compared to the previous estimations.
The company’s chief executive officer, Pascale Lepoivre, wants to boost the company’s growth to overcome one-billion-euro barrier in four years.
The deal, whose terms have not been disclosed, will come into effect on January 1, 2021. L’Oréal also signed with Valentino’s for its beauty license in 2018, previously controlled by Puig.
All economic news of the key fashion companies worldwide.