The company started constructing this factory, located in a ranch outside of Keene, in 2017. Donald Trump, president of the United States, and first daughter Ivanka Trump will be present at the opening.

The investment fund that owns the company, expects a valuation of 1.2 billion pounds (1.5 billion dollars), over 14-times the company’s earnings before interest, taxes, depreciation and amortization.

Julian Dunkerton came back to the group at the beginning of the year, and since then he has been interim CEO. The company has been immersed in a reorganization plan.

Shares of the German company dropped more than 13%, to its lowest level in nine years. The company estimates that its operative profit decreases 5% this fiscal year.

The company currently operates with eleven outlets in Europe and China. It’s planning to arrive to the American market next year. For now, the location of the outlet has not yet transcended.

The footwear company has entered in Letonia, Estonia and Dubai in the last year and is planning to continue its extension plan focusing on digitalization and its omnichannel strategy.

The company has appointed Barbara Daliri-Freyduni as new senior vice president of demand, a newly created position and Ralf Herbrich as senior vice president of data science and machine learning.

The luxury group has launched a new ecommerce platform for its American customers. The United States is the world’s second largest ecommerce market after China.

The fashion chain of the Swedish fashion giant has launched a live shopping service that will be available in late autumn.

The Belgian luggage and travel accessories group has launched a rental service for its luggage called Rent your Kipling.