Companies

h By mds

Nov 13, 2019 — 6:10pm

El Corte Inglés grows 1.3% in the first half

The department store group has reduced its debt by 253 million euros (278.8 million dollars) in the first half of the year.

h By mds

Nov 13, 2019 — 6:06pm

Safilo’s sales grow 2.2% fueled by Europe

The Italian eyewear group has registered a revenue of 212.8 million euros in the third quarter of its fiscal year.

h By mds

Nov 13, 2019 — 5:46pm

Nike will stop selling on Amazon to boost its own ecommerce

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.

h By mds

Nov 13, 2019 — 5:04pm

Fast Retailing automates warehouses

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.

h By mds

Nov 13, 2019 — 5:00pm

Apocalipsis Retail hits Middle East: AlHokair cuts revenues

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.

h By mds

Nov 13, 2019 — 4:28pm

Global Fashion Group grows 22.8% and improves profitability

The company, promoted by Rocket Internet and Kinnevik, has ended the period with an adjusted Ebitda margin of 2.8%.

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Nov 13, 2019 — 4:18pm

Salvatore Ferragamo grows 2.3% in the first nine months

Retail continues to boost sales of the Italian group, with revenues representing 64% of the total business.

h By Mds

Nov 13, 2019 — 4:00pm

Falabella profits shrink 37.6% in the third quarter

The revenue of the Chilean group rose 1.2% in the period. The results do not reflect the impact of the protests in Chile.

h By Daniela García

Nov 13, 2019 — 9:00am

AllSaints grows in The Netherlands, opens corner in De Bijenkorf Amsterdam

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.

h By mds

Nov 12, 2019 — 9:00pm

Superga’s owner sales jump by 55.2% in the first nine months

BasicNet had a revenue of 235.8 million euros between January and September. Group’s revenues skyrocketed after the acquisition of Sport Finance.

h By mds

Nov 12, 2019 — 9:00pm

Mizuno sales drop 1.7% but profit rise by 21.7% in the first half

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).

h By mds

Nov 12, 2019 — 4:55pm

Pronovias fuels Nicole in its local market

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.

h By mds

Nov 12, 2019 — 4:18pm

Inditex among top 3 preferred companies by sustainable funds in Europe

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.

h By mds

Nov 12, 2019 — 4:00pm

Rinascente will launch its ecommerce in February 2020

The Italian department stores company prepares the launch of its online store with the aim of expanding its sales throughout Italy.

h By Daniela García

Nov 12, 2019 — 9:00am

Sandro opens first stand-alone store in San Francisco

The French company, owned by SMCP group, has opened its first stand-alone store in San Francisco Premium Outlets in California.

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All economic news of the key fashion companies worldwide.