Companies

h By mds

Dec 2, 2019 — 5:02pm

Esprit tries again in China: joint venture with Mulsanne

The company, which is listed on the Hong Kong stock exchange, generates 3.7% of its sales in mainland China. Mulsanne operates with 2,000 stores in the country.

h By mds

Dec 2, 2019 — 4:47pm

Li Ning prepares one hundred openings in five years in Mexico

The sportswear company wants to take its brand to new states of the country and not focus solely on the center of the country. It currently has one hundred stores in Mexico.

h By mds

Dec 2, 2019 — 4:08pm

Gucci continues its digitization strategy: teams up with Chinese Tencent

The italian company, owned by luxury holding Kering, has allied with Tencent, owner of WeChat to conquer the Chinese consumers.

h By mds

Dec 2, 2019 — 4:06pm

LVMH relaunches perfume brand Patou one year after its acquisition

The historic company, founded in 1912 by French perfume manufacturer Alexandre Jean Patou, was acquired by the French luxury holding in September 2018.

h By mds

Dec 2, 2019 — 4:00pm

Balmain fuels childrenswear with Simonetta

Simonetta, licensee of the childrenswear line of the group, will open the first two stores dedicated to Balmain Kids located in London and Munich.

h By Pilar Riaño

Dec 2, 2019 — 9:00am

Top 10 fashion companies: 10% of the global market

The world’s top ten players per market share have increased 3.3 points in the last decade. Nike, Adidas, H&M and Zara lead the global fashion consumption.

h By mds

Nov 29, 2019 — 7:28pm

Sonia Rykiel starts countdown to seal sale

The court is expected to announce the new owner of the fashion company before the end of the year and with this the end of several months of negotiations.

h By mds

Nov 29, 2019 — 7:03pm

Hudson’s Bay receives bid from Catalyst Capital Group

The new offer of eleven Canadian dollars (8.2 dollars) per share hopes to convince the board of directors to reject the offer of Richard Baker, chairman of HBC.

h By mds

Nov 29, 2019 — 6:29pm

L’Oréal buys stake in Canadian Functionalab

The French perfume and cosmetics giant has invested in the Canadian skincare group Functionalab, owner of Dermapure, Project Skin MD, and Jouviance.

h By mds

Nov 29, 2019 — 5:11pm

Orchestra stagnates sales in the first half

The French childrenswear company had a 95.7 million euros loss in the first half of the year.

h By mds

Nov 29, 2019 — 4:50pm

Korean Creora starts operations at India spandex plant, considers investing in America

The company, specialized in the production of spandex, is also considering starting operations in America.

h By mds

Nov 29, 2019 — 4:24pm

VF Corp and Permira bid for Golden Goose

Golden Choose is owned by the global investment fund Carlyle and has a market value of 1.4 billion euros.

h By Daniela García

Nov 29, 2019 — 9:00am

The Kooples lands in Portugal: opens in Porto and Lisbon

The French premium fashion company has landed in the country with two concessions in Spanish department store El Corte Inglés.

h By mds

Nov 28, 2019 — 7:19pm

British Rootstein mannequins acquired by Italian Bonaveri

The mannequin manufacturer was founded in 1956. The group’s first collection of mannequins after the acquisition will be released in February 2020.

h By mds

Nov 28, 2019 — 7:08pm

Lenzing gets sustainability bonded 500 million loan

Initially, the amount of the bond was two hundred million euros but later expanded after the interest of European and Asian investors.

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All economic news of the key fashion companies worldwide.