Jul 25, 2019 — 4:45pm
The Italian group, owner of brands like Diesel and Maison Margiela, has increased up to 70% its shares in the Dutch fashion company, with a participation of 51% up until now.
Companies
Jul 25, 2019 — 4:15pm
The Italian company has closed the first half of the year with a revenue of 570.2 million euros (635.3 million dollars), and a net benefit of 71.3 million euros (79.4 million dollars), 16% more.
Jul 25, 2019 — 4:00pm
International sales of the Spanish giant grew 6.7% in 2018. Foreign sales are already 5.4% of the group’s total revenue.
Jul 25, 2019 — 9:00am
Inditex invested 1.6 billion euros (1.7 billion dollars) last year, from which 227 million where destined to research and development. On the other hand, H&M invested 1.2 billion euros (1.3 billion dollars).
Jul 24, 2019 — 7:00pm
French luxury conglomerate, owner of companies like Dior, Celine or Louis Vuitton, has registered a revenue of 25 billion euros (27.8 billion dollars) in the first half of its fiscal year.
Jul 24, 2019 — 5:35pm
Excluding acquisitions and divestitures, the revenue of the American group grew 9% in the first quarter of its fiscal year. China led the growth of the group with a rise of 1%.
Jul 24, 2019 — 4:50pm
Nancy Green, former president of Athleta joins Old Navy as its new president and chief creative officer.
Jul 24, 2019 — 4:30pm
The licensed parfums group for brands like Coach, Lanvin or Montblanc has registered sales for 238.4 million euros (266.6 million dollars) in the first half of the year.
Jul 24, 2019 — 4:15pm
The lingerie company, owner of brands Undiz, Madison 123, stated that the founder of Ysé will continue in the company.
Jul 24, 2019 — 4:00pm
So far, American companies could only buy through the b2b platform of the group, representing one third of the buyers.
Jul 24, 2019 — 10:35am
The Mexican department store group scored an ebitda of 452.9 million dollars between January and June.
Jul 24, 2019 — 9:00am
Violeta Andic will be relieved by Laura San Martín, up until now responsible for the outlets of the Spanish company. Carlos Costa, on the other hand will not be replaced.
Jul 23, 2019 — 6:00pm
The British platform has added to its highest body of administration Bradley Horowitz, vice-president of product management for Google to its board of directors.
Jul 23, 2019 — 4:15pm
The company has acquired Calzaturificio Re Marcello, that counts with a factory in Vigevano, near Milan.
Jul 23, 2019 — 4:00pm
The New York department store stated last week that was actively seeking for opportunities to “reinforce its balance sheet and ensure its long-term growth”.
All economic news of the key fashion companies worldwide.
