Companies

h By MDS

Mar 3, 2020 — 5:57pm

Pinko lands in South Korea: opens two stores with a local partner

Italian women’s fashion brand Pinko lands in South Korea through a collaboration with Mitsui & Co. Italia and La Pace as a local partner.

h By MDS

Mar 3, 2020 — 4:57pm

Credit Suisse expects Inditex to grow only 1.7% in Q1 due to the coronavirus

In China, which accounts for 8% of the group’s revenue, the Swiss bank estimates that sales have been reduced by 70% and another 50% will shrink in March and 25% in April.

h By MDS

Mar 3, 2020 — 4:43pm

Interparfums grows 9% in 2019 but adjusts 2020 forecasts over coronavirus

The perfume group has reached sales of 713 million dollars in 2019 and has recorded a net result of 76 million dollars.

h By MDS

Mar 3, 2020 — 4:03pm

J.Crew grows 2.3% in 2019 but postpones Madewell’s spin off

The American group, J.Crew, owner of Madewell, boosted its profit to 964 million dollars in the last year.

h By MDS

Mar 2, 2020 — 6:30pm

Nike temporarily closes its European headquarters over coronavirus

The US fashion distribution company will temporarily close its European headquarters, located in the Netherlands, after detecting that an employee was affected with the virus.

h By MDS

Mar 2, 2020 — 6:03pm

Decathlon reinforces its logistic power in Colombia with a new warehouse

The French sportswear retailer set in motion a new logistic center in Bogota last Friday.

h By MDS

Mar 2, 2020 — 5:49pm

Deckers expands its reach with Hoka and launches first apparel line

The company specialized in running shoes will present its first collection of clothing for men and women on March 17.

h By mds

Mar 2, 2020 — 5:36pm

Printemp’s CEO exists the French department store chain

The French department store chain and CEO Paolo Cesare part ways and prepares a new strategic acceleration and growth plan.

h By MDS

Mar 2, 2020 — 5:23pm

EssilorLuxottica rearranges its dome amid CFO exit

The eyewear giant has announced that Hilary Halper has decided to resign from her position as co-chief financial officer.

h By MDS

Mar 2, 2020 — 4:43pm

H&M jumps into sport: launches a collection of sustainable athleisure with PE Nation

The Swedish fashion retailer has teamed up with the Australian company to launch a collection of thirty pieces made from organic cotton and polyester.

h By MDS

Mar 2, 2020 — 4:03pm

The Oecd slashes forecast for global growth owing to coronavirus

The Organization for Economic Co-operation and Development has lowered the global GDP

From 2.9% to 2.4% since 2009.

h By F. Tatiana. NGO BII

Mar 2, 2020 — 8:48am

Teri Ellington finds her true north as she stamps on agoraphobia

Teri Ellington, a young British watch designer who overcame agoraphobia, depression, and anxiety, launched her business in 2017 and went online in 2018, thanks to a push from an angel investor.

h By NEREA ZABALLA/ MARC VIDAL

Mar 2, 2020 — 8:34am

Zalando to invest €20MM in logistic platform in Madrid1

The ecommerce bets on Spanish territory to set in motion a new platform with the objective to strengthen its logistics share in the country.

h By MDs

Feb 28, 2020 — 6:41pm

Lenzing resumes its production in China

The Austrian spinning manufacturer has resumed production of all its lines in Nanjing, in China, in addition to appointing Stephan Sielaff and Christian Skilich in new positions.

h By MDS

Feb 28, 2020 — 6:11pm

La Perla to set in motion fully subscribed capital increase

The Italian luxury lifestyle company will implement the capital increase in two tranches within the next fourteen days.

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All economic news of the key fashion companies worldwide.