Companies

h By MDS

Mar 17, 2020 — 5:05pm

Hugo Boss rearranges its helm with new chairman of supervisory board

Herman Waldemer, has been a member of the company’s board of directors since 2015, he has now been appointed the new chairman of the supervisory board, effective on May 7.

h By MDS

Mar 17, 2020 — 4:28pm

Nordstrom and Saks Fifth Avenue to shut down temporarily

American department stores join Abercrombie, Nike, Urban Outfitters and Guess, who in the last days have announced similar measures.

h By MDS

Mar 17, 2020 — 4:04pm

Debenhams requests a five-month rent holiday from its landlords

“All the retailers are facing unique pressures due to the current situation”, pointed the British company.

h By MDS

Mar 16, 2020 — 7:06pm

Levi Strauss closes all stores in the U.S. and Canada over coronavirus

The US denim company has joined a series of fashion retailers that have opted to close their stores in order to stop the propagation of the coronavirus.

h By MDS

Mar 16, 2020 — 5:16pm

Caleres grows 3.1% in 2019 and warns over coronavirus impact on 2020 results

The footwear recorded revenue of 3 billion dollars and saw an increase in its profit when it reported 1.2 billion dollars in the period.

h By MDS

Mar 16, 2020 — 5:03pm

Asos lays off 150 people amid restructuring plan

The British e-commerce group plans to lay off a hundred workers with night shift roles who work in its customer care center in its Leavesden office (near Watford).

h By MDS

Mar 16, 2020 — 4:42pm

Primark quantifies coronavirus impact: 190 million pounds in four weeks

The company has closed all its stores in France, Spain, and Austria, which represent 20% of its commercial network and generate 30% of the company’s sales.

h By MDS

Mar 16, 2020 — 4:17pm

H&M closes over a thousand stores across Europe over coronavirus outbreak

The Swedish company, which has presented its quarterly results today, has closed its stores in thirteen countries and is already anticipating an impact on its sales for the month of March.

h By MDS

Mar 16, 2020 — 4:02pm

H&M grows 8% in first quarter weighed down by the impact of the coronavirus in China

The Swedish fashion retailer has reduced its sales in China by 24% in the period, which coincides with the surfacing and first weeks of the Covid-19 outbreak.

h By MDS

Mar 13, 2020 — 4:50pm

Italian Aeffe cuts its losses by 26% but only grows 1.4% in 2019

Aeffe has ended the 2019 financial year with losses of 12.3 million euros, while it has registered a revenue of 351 million euros. The group has not yet quantified the impact the coronavirus may have on their business.

h By MDS

Mar 13, 2020 — 4:13pm

Tod’s falls by 2.6% in 2019 and cuts 2020 forecast

The Italian company has reached sales of 916 million euros and shrank its profit to 46.3 million euros. Looking ahead to 2020, the group will review its strategy due to the potential impact of the coronavirus crisis.

h By MDS

Mar 13, 2020 — 4:04pm

L Brands names Leslie Wexner’s replacement

The appointment will be effective once the sale of Victoria’s Secret has been completed. Wexner, who led the chain’s expansion, will remain a member of the board as chairman emeritus.

h By MDS

Mar 13, 2020 — 10:34am

Gap reduces its sales by 1.1% and profit sinks by 65% in 2019

The American fashion retailer ended the year with a net result of 351 million dollars.

h By MDS

Mar 13, 2020 — 10:13am

Gap contemplates the closure of its flagship stores in Times Square

The American fashion retailer chain is studying the possibility of renting emblematic stores of its chains to third parties.

h By MDS

Mar 13, 2020 — 9:52am

Coronavirus: Gap expects $100 million impact on sales in Q1

The company states that “it is not currently possible to provide a reasonable estimate” beyond the first quarter.

<< Anterior

1 2 3 4 5 6 7 8 9 10

Siguiente >>

All economic news of the key fashion companies worldwide.