Italian women’s fashion brand Pinko lands in South Korea through a collaboration with Mitsui & Co. Italia and La Pace as a local partner.
Companies
In China, which accounts for 8% of the group’s revenue, the Swiss bank estimates that sales have been reduced by 70% and another 50% will shrink in March and 25% in April.
The perfume group has reached sales of 713 million dollars in 2019 and has recorded a net result of 76 million dollars.
The American group, J.Crew, owner of Madewell, boosted its profit to 964 million dollars in the last year.
The US fashion distribution company will temporarily close its European headquarters, located in the Netherlands, after detecting that an employee was affected with the virus.
The French sportswear retailer set in motion a new logistic center in Bogota last Friday.
The company specialized in running shoes will present its first collection of clothing for men and women on March 17.
The French department store chain and CEO Paolo Cesare part ways and prepares a new strategic acceleration and growth plan.
The eyewear giant has announced that Hilary Halper has decided to resign from her position as co-chief financial officer.
The Swedish fashion retailer has teamed up with the Australian company to launch a collection of thirty pieces made from organic cotton and polyester.
The Organization for Economic Co-operation and Development has lowered the global GDP
From 2.9% to 2.4% since 2009.
Teri Ellington, a young British watch designer who overcame agoraphobia, depression, and anxiety, launched her business in 2017 and went online in 2018, thanks to a push from an angel investor.
The ecommerce bets on Spanish territory to set in motion a new platform with the objective to strengthen its logistics share in the country.
The Austrian spinning manufacturer has resumed production of all its lines in Nanjing, in China, in addition to appointing Stephan Sielaff and Christian Skilich in new positions.
The Italian luxury lifestyle company will implement the capital increase in two tranches within the next fourteen days.
All economic news of the key fashion companies worldwide.