The British online platform has planned to boost both fashion companies mainly through its online channel.
Companies
Sfera, the fashion chain of the department store giant El Corte Inglés, will open four stores next November. For next year, the goal of the group is also to take its children’s chain to the country.
The luxury holding completed the spinoff of the German clothing and sports equipment company in May 2018. The group led by François Pinault still had 15.7% of the capital.
The American group, owner of Vans, The North Face or Timberland, begins a new stage after completing the spinoff of its denim division, that operates under the name of Kontoor Brands.
The American beauty company announced today that Pierre Denis and Beatrice Ballini have joined its board of directors.
The French childrenswear company seeks judicial protection to restructure its business.
The American sportswear giant revenue reached 10.6 billion dollars in the quarter ended May.
The fashion retailer has appointed Mary Beth Laughton as president and CEO of the sportswear chain. She will take the role at the end of October.
The Dubai Mall, the second biggest shopping mall in the world by square meters, extends its fashion offer with new store openings of brands like Urban Outfitters, Marina Rinaldi, Max Mara or H&M.
The ecommerce giant has signed a deal with the German sportswear brand lo launch Care Of, a new brand available only in the online platform.
The agreement includes only the brand and not its productive structure in the Spanish capital, very weakened by the cut in staff that took place at the beginning of the year.
The German ecommerce giant will open a pop up in Velarde street, in the Spanish capital, on October 2.
Gabrielle Maggio, general manager of the Italian luxury house, owned by Aeffe Group, joined the company in 2016 coming from Gucci.
The American and the Chinese markets are very important for the company but its headquarters will remain in Spain, according to the group’s CEO.
All economic news of the key fashion companies worldwide.