Mercedes Gorriti, who took over the manager position in womenswear in 2015, was part of Spanish childrenswear brand Gocco’s founder team and was assistant manager in the retail section in Continente before signing up with the department store’s group.

The French fashion company, property of the group Modacin, has signed an agreement in which the brand will be now owned by its creditors, among them the investment funds Farallon, Carval and CVC, after not being able to face its debt.

The Spanish fashion company sets its sight in Chile, where it already gathers a total of 55 points of sale in collaboration with Falabella. The company’s plans for the territory are aimed at its settlement in the country’s main cities.

American department stores are deeply immersed in restructuring processes compelled by the brick crisis and the rise of pure players. 

The Belgic designer’s creative proposal for recent collections was not well received by the group’s leadership who regarded it as expensive, extravagant and distant from the brand’s DNA.

The fashion retail giant created the joint venture named TreeToTextile along with Ikea and Lars Stigsson to industrialise the production of sustainable fibres.

The sports fashion titan from America raised its volume of business up to 19.32 billion dollars (16.9 billion euros) from June to November

El Corte Inglés shelves one of the most challenging years of its history. Caught in the middle of an internal battle, the group has refinanced a debt of 3.65 billion, has carried out its first issuance of bonds and has let foreign investors take a stake in the company.

The department stores company declared its bankruptcy last October as well as its restructuring plan, which includes a reduction of the network of stores.

The French luxury company, after making a recent announcement that it will no longer use fur for its collections, has just taken a stake in Sulapac, a Finnish group that produces biodegradable materials.