Companies

h By mds

Dec 4, 2019 — 5:13pm

Dior and Nike team up for Jordan sneakers collab

Dior and Nike follow the footsteps of Prada and Adidas, that signed a collaboration earlier this month to create a pair of sneakers.

h By mds

Dec 4, 2019 — 5:00pm

Manolo Blahnik shutters New York store: only free-standing in US

The luxury footwear company has decided to close its flagship store in New York, located in Midtown West 54th street. This is the only free-standing store left of the company in the United States.

h By mds

Dec 4, 2019 — 4:48pm

Lenzing, one more step towards sustainability: scales production of cotton waste fibers

The Austrian fiber manufacturer has introduced a new technology to scale the production of Tencel Lyocell x Refibra fiber, which uses post-consumer cotton waste.

h By mds

Dec 4, 2019 — 4:18pm

Hudson’s Bay rejects Catalyst Capital Group’s 1.5 billion offer

The Catalyst’s Group offer was of eleven Canadian dollars (8.2 dollars) per share and it exceeds the initial offer presented by the chairman of the group of 10.30 Canadian dollars (7.7 dollars) per share.

h By I. P. G.

Dec 4, 2019 — 9:00am

El Corte Inglés hires former Esprit exec for womenswear

The executive will lead the women’s fashion and lingerie divisions, with special emphasis on own brands.

h By MDS

Dec 3, 2019 — 8:40pm

Dior opens pop up stores in Tulum and Cancun

The company has opened two pop up stores, located in Cancun, in Palacio de Hierro, and in Tulum, in Azulik Hotel.

h By Modaes

Dec 3, 2019 — 8:30pm

Inditex: analysts expect ‘solid growth’ in third quarter

The analysists expect the Spanish fashion retailer giant to end the period with revenues valued at 7.7 billion dollars (6.9 billion euros).

h By Mds

Dec 3, 2019 — 7:20pm

Balmain’s CEO Massimo Piombini leaves his post

The French fashion luxury company has announced that after the leave of Piombini a new chief executive officer will be appointed in February 2020.

h By Mds

Dec 3, 2019 — 6:40pm

J. Crew losses increase up to 19.9 million dollars

The American group expects to reduce debt of 1.7 billion dollars with its plan to spin off its fast-growing Madewell brand into a separate public company.

h By Mds

Dec 3, 2019 — 6:00pm

Missoni to return to China with three new openings in 2020

The Italian company has announced its comeback to the Asian country with the opening of three mono-brand stores in fall 2020.

h By Mds

Dec 3, 2019 — 4:40pm

Guess’ strategy for 2025: consumer, product and brand

The American fashion retail company has shared a new strategy to increase profitability in the following five years.

h By I. P. G.

Dec 3, 2019 — 8:57am

H&M tries it all: what if it hits the right key?

The company has reacted to bad results with more experimentation and more innovation to place itself in a pole position when fashion completes its transformation.

h By mds

Dec 2, 2019 — 7:08pm

Gant appoints new CEO

Patrik Söderström, until now vice president of global markets and sales of the company, will assume its new role starting February 1, 2020.

h By mds

Dec 2, 2019 — 6:01pm

Bestseller stumbles, profit dropped 3% in its fiscal year

The Danish fashion company finished its fiscal year with a revenue of 3.5 billion euros. The company says it should put a greater focus on its retail and online business.

h By mds

Dec 2, 2019 — 5:10pm

Marquee Brands offers 50 million for Destination Maternity

The group that owns Bruno Magli or BCBG Max Azria wants to acquire the intellectual property of the brand and Destination Maternity ecommerce business.

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All economic news of the key fashion companies worldwide.