Companies

h By Mds

Oct 3, 2019 — 4:15pm

Guerlain appoints former Dior as new CEO

Véronique Courtois was until now brand general director at Parfums Christian Dior. Previously she was marketing director for Guerlain.

h By Mds

Oct 3, 2019 — 4:00pm

H&M net profit rises 25% in first nine months

The Swedish company sales increased 6% boosted by local currency in the period between December and August.

h By Iria P. Gestal

Oct 3, 2019 — 9:00am

Spanish jewelry brand UNOde50 enters U.S. through Macy’s

The group, that operates with a flagship store in New York City, had already partner with Hudson’s Bay Company last June.

h By Mds

Oct 2, 2019 — 7:06pm

Manolo Blahnik sales hold steady but profit sinks 18.5% in 2018

The luxury footwear company’s revenue was 34.4 million euros in its last fiscal year, ended December 2018. The profit was affected by investments in retail, wholesale and online.

h By Mds

Oct 2, 2019 — 5:27pm

DHL owner with eyes set in ecommerce: invests 9.5 billion

The German giant plans to invest between 8.5 billion and 9.5 billion euros to update its IT systems and improve its data analytics.

h By Mds

Oct 2, 2019 — 5:24pm

Evrnu: future-minded fiber company raises 9 million

The company, that works with Levi’s, Adidas and Stella McCartney in future-minded textile innovation has announced the closing of its Series A financing round.

h By Mds

Oct 2, 2019 — 5:02pm

Rip Curl sold to Kathmandu in 235 million deal

The Australian company was valued by analysts at 7.3 times Ebitda. Rip Curl was owned of its founders, Brian Singer and Doug Warbrick

h By Mds

Oct 2, 2019 — 4:27pm

Clark faces legal battles against former CEO

The former CEO of the company opened a legal war against the company claiming he was not given the chance to answer to misconduct claims.

h By Mds

Oct 2, 2019 — 4:26pm

Asos signs new board members to boost its helm

The British ecommerce company, that has had a tough year after making three profit warnings in just eight months, has signed four new non-executive directors.

h By Mds

Oct 2, 2019 — 4:15pm

Karen Millen farewell to retail: closes all stores

The 117 concessions of Karen Millen and Coast shut down last Monday. Boohoo plans to relaunch them through the online channel only.

h By Mds

Oct 2, 2019 — 4:00pm

Stitch Fix revenue rises 29% in 2019 but profit shrinks 18%

The American ecommerce company, that is listed in the New York Stock Exchange, expects a softer first quarter, motivating a 12% drop in its hares in after-hours trading.

h By Iria P. Gestal

Oct 2, 2019 — 9:00am

David’s Bridal says yes to Mexico

The company is preparing the opening of a 900 square meters flagship in the bridal fashion hub in Mexico City and its preparing the opening of six new stores for 2020.

h By Mds

Oct 1, 2019 — 5:00pm

Zara joins Paris Fashion Week with latest Srpls collection

The biggest chain of Inditex has presented its latest Zara Srpls collection in a school located in Le Marais. The collection will be distributed in some stores of the company and its online platform.

h By Mds

Oct 1, 2019 — 4:16pm

Dover Street Market diversifies: opens perfume store in Paris

The new store, founded by the Japanese designer Rei Kawakubo and Adrian Joffe, will distribute parfums and beauty products. It’s the first outpost of the concept to focus in a key category.