Companies

h By P. R. D. / C. D. A.

Apr 6, 2020 — 4:00pm

Black swans, gray rhinos the unknowns of fashion after the coronavirus

As a black swan, the Covid-19 outbreak is even more transformative than events such as the Arab Spring, or even the fall of the Berlin Wall.

h By C. J.

Mar 27, 2020 — 2:00pm

Pandemics, a risk for fashion?
Only Gap saw it coming

Companies like Inditex or H&M consider supply chain disruptions, changes in consumer behaviour or currencies as more likely risks than a pandemic.

h By Mds

Mar 19, 2020 — 8:00pm

Luxury stranded in Europe: Hermès and Chanel close their factories

Hermès has closed its 42 production plants in France except for Vaudreuil, where it produces its perfumes, which will now produce disinfecting gels.

h By Mds

Mar 19, 2020 — 5:00pm

Burberry sales fall 50% slump since January

40% of Burberry’s stores worldwide are currently closed. The company has announced additional closings in the upcoming days.

h By Mds

Mar 19, 2020 — 4:27pm

Guess, on the rise: revenue swells 2.6% while profit surge by 8.1% in 2019

The American fashion retailer reached sales of 2.7 billion dollars during the fiscal year 2019 driven by the European market.

h By PILAR RIAÑO

Mar 19, 2020 — 9:00am

Inditex: best fourth quarter in three years excluding corona imapct

The 287 million euros provision has harmed the final sprint of the year for the Spanish group.

h By MDS

Mar 18, 2020 — 7:03pm

Prada grows 3% in 2019 but slows down in the first quarter over coronavirus

The Italian luxury company reached sales of 3.2 billion euros in 2019 and has recorded a net income of 256 million euros.

h By MDS

Mar 18, 2020 — 5:05pm

Amazon seeks to hire 100,000 people in the U.S. to keep up with high demands

The company will allocate 350 million dollars to raise the salary of its employees to boost hiring in order to help meet coronavirus-related orders

h By MDS

Mar 18, 2020 — 5:03pm

Laura Ashley falls into administration amid coronavirus

The British retailer has filed for administration putting 2,700 jobs at risk. It has ceased trading on the London Stock Exchange.

h By MDS

Mar 18, 2020 — 4:43pm

Gap closes all of its stores in North America over pandemic

Gap announced that starting tomorrow all of its stores in North America will be closed. So far, Macy’s, Kering, Nike or Hudson’s Bay, among others, have also taken the equivalent measures.

h By MDS

Mar 18, 2020 — 4:08pm

Foot Locker pulls guidance for 2020 following store closures

Footlocker revises its outlook for 2020, a year in which the company expected to grow by 5% year-on-year and closes stores across North America, Europe, Africa, and the Middle East.

h By MDS

Mar 18, 2020 — 4:01pm

Macy’s closes all stores in the U.S. amid coronavirus

Kering, Tiffany, Hudson’s Bay, Douglas, Selfridges, and Nordstrom have joined the growing list of retailers that have closed their stores to combat the spread of the coronavirus among the public.