Companies

h By mds

Nov 15, 2019 — 4:33pm

Morellato acquires French Cléor for 50 million

The Italian company expects a growth in its revenue of 60%, up to 270 million euros in its fiscal year 2020.

h By mds

Nov 15, 2019 — 4:18pm

Italia Independent proposes cash call of up to 7.8 million euros after remodeling its helm

The board of directors proposes cash call of up to 7.8 million euros, to support 2019-2023 development plan.

h By mds

Nov 15, 2019 — 4:01pm

Gerry Weber reinforces supply chain and product with new execs appointments

The German fashion company has signed Alicia Cano as director supply chain management and Xavier Casares as director of product planning.

h By mds

Nov 15, 2019 — 4:00pm

Nike reinforces its board with JP Morgan talent

The American sports company has appointed Thasunda Brown Duckett, with the aim of deepening its strategy of physical and online experience.

h By Daniela García

Nov 15, 2019 — 9:00am

Marc Jacobs new line opens first European store in Paris

The company, owned by LVMH, has opened in Paris the third store of its brand The Marc Jacobs. The two others are in New York and Los Angeles.

h By Pilar Riaño

Nov 15, 2019 — 8:57am

Spanish textile giant Textil Santanderina launches its own sports brand

The Spanish industrial group prepares to reach the final consumer directly by manufacturing technical sports equipment.

h By mds

Nov 14, 2019 — 7:23pm

Lacoste to open flagship store in Champs Élysées

The French company will open one of its biggest flagships in the world at 50 Champs Élysées.

h By mds

Nov 14, 2019 — 6:27pm

Natura grows 7% in the third quarter and gives green light to Avon acquisition

The Brazilian cosmetics giant has achieved a profit of 68.6 million Brazilian reais (16.4 billion dollars) in the first half of the year.

h By mds

Nov 14, 2019 — 5:41pm

Burberry grows 5%, profit jumps 13.7% in the first half

The British luxury company has achieved a revenue of 150.1 million pounds (192.7 million dollars) boosted by new accounting standard IFRS 16. Excluding the impact of the new measures, the group’s profit increased by 11%.

h By mds

Nov 14, 2019 — 4:19pm

Moschino’s owner increases revenue, shrinks profit by 16% until September

Aeffe, owner of Alberta Ferretti and Moschino, amongst others, achieved a revenue of 296 million euros, up 1.7% compared to the same period the previous year.

h By mds

Nov 14, 2019 — 4:00pm

Brooks Brothers hires investment bank PJ Solomon to explore its sale

The American company, with more than 200 years of history, has been in the hands of Italian businessman Claudio del Vecchio since 2001.

h By Pilar Riaño

Nov 14, 2019 — 9:00am

Pronovias, four new stores in the US in three months

The bridal fashion company wants the US to become its first market in two years. The company already has seven stores in the country.

h By Iria P. Gestal

Nov 14, 2019 — 8:58am

Swarovski hires former Diesel exec after rearranging its global teams

The company has appointed Sonia Moschino, until now head of retail Europe at Diesel, as a new sales director for Italy, Spain and Portugal.

h By mds

Nov 13, 2019 — 9:01pm

Lui Jo’s owner acquires Blumarine

Marco Marchi has acquired the totality of Blufin, which operates with brands Blumarine, Blugirl, Anna Molinari and Be Blumarine although the amount has not been revealed.

h By mds

Nov 13, 2019 — 9:00pm

Inditex allies with IndustriAll for the creation of a Global Union Committee

Pablo Isla, president of the Spanish fashion giant, and Valter Sanches, general secretary of the federation, have met today in Geneva to renew the deal they signed in 2007.

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All economic news of the key fashion companies worldwide.