The department store group has reduced its debt by 253 million euros (278.8 million dollars) in the first half of the year.
Companies
The Italian eyewear group has registered a revenue of 212.8 million euros in the third quarter of its fiscal year.
The sportswear company has put an end to the pilot test that began two years ago, within its strategy of having greater control over its entire sales process.
Uniqlo’s owner group has partnered with Mujin and the startup Exotec Solutions to increase the automation of its facilities, with an investment of 100,000 million yen.
The owner of Zara franchises in Saudi Arabia has broken distribution agreements with giants like Marks&Spencer and is in the process of closing stores.
The company, promoted by Rocket Internet and Kinnevik, has ended the period with an adjusted Ebitda margin of 2.8%.
Retail continues to boost sales of the Italian group, with revenues representing 64% of the total business.
The revenue of the Chilean group rose 1.2% in the period. The results do not reflect the impact of the protests in Chile.
The British fashion company has opened a concession with its womenswear offer in the historical department store. The company is already present in the Netherlands with nine stores.
BasicNet had a revenue of 235.8 million euros between January and September. Group’s revenues skyrocketed after the acquisition of Sport Finance.
The Japanese company has closed the first six months of its fiscal year, which runs from April to March, with a revenue of 85.5 billion yen (711 million euros).
The bridal fashion company will begin selling Nicole’s products in its flagship store in the Spanish capital, as well as other four stores of the company.
The Spanish fashion giant appears in the top ranks with other companies in the sector such as L’Oréal, Suez, Gberit and Henkel, amongst others.
The Italian department stores company prepares the launch of its online store with the aim of expanding its sales throughout Italy.
The French company, owned by SMCP group, has opened its first stand-alone store in San Francisco Premium Outlets in California.
All economic news of the key fashion companies worldwide.