The bridal fashion group, owned by investment BC Partners, will implement after August a new structure in its design team to respond to its international growth though acquisitions and its own brands.
The company lead by Alfonso Cirera adds to its team Pamela Meyers, that will be based in San Francisco. Nylstar will close 2019 with sales of 10 million and positive ebitda.
The Swedish company has sealed an alliance with the Chinese fashion designer months after the group reinforced its presence in the country with the arrival of &Other Stories in Tmall.
The French company has named Elisabeth Cunin that counts with a long trajectory in the market working for companies such as LVMH, Etam or Comptoir des Cotonniers, amongst others.
The perfume company has started with Queendom, launched by the accelerator Piug Futures.
The fund was acquired with 40% of the company in 2010 for 32 million pounds, the new valuation of the group is estimated in 300 million pounds (375 million dollars).
Natura bought Avon, Permira acquired sustainable brand Reformation and Roberto Cavalli finally changed hands. Will the shopping spree keep it up in the second half? A couple of deals are already in the pipeline.
The parent company of Zara is the one that has closed the most stores, although it also opened the most in this period. H&M, on the other hand, closed only 488, although it has accelerated its reorganization in the last years.
In the last months, Vente Privee has imposed its name and its geographic strategy to the four platforms it bought in 2016. Yesterday, it sold Privalia Mexico to Grupo Axo.
The pure player is specialized in selling stocks online and operates also in Brazil, Italy and Spain, its local market. Since 2016 its owned by French group Vente Privee, now Veepee.
Eva Serrano, until now commercial director of the group in Asia, will assume the direction of Chinese market.
The company is exploring different options, including a bankruptcy filing that could happen as soon as this month. The company is facing a liquidity crunch after rents of its flagship in New York doubled.
The French luxury conglomerate has acquired a minority stake in the sustainable brand, which until last year held a 50-50 joint venture with rival Kering.
Spanish executive Pablo Sande has joined the London-based company. Ralph Toledano was named CEO last week after Paolo Riva exited the company.
Spain is the most visited country by foreigners in the European Union, according to Eurostat, that only takes into account tourists that stay in tourist accommodation establishments.
All economic news of the key fashion companies worldwide.
