The German ecommerce group has registered a revenue of 1.5 billion euros in the third quarter of its fiscal year, up 26.7%.
Companies
The German ecommerce company plans to sell more than one million items through its secondhand platform in 2019.
The Paris-based company, that has the name of the designer that founded it, is planning to land in the Asian region and to boost its presence in its existing markets.
The urban fashion company, owned by the singer and businessmen Kanye West, is aiming to take back its production to the United States by 2021.
The German cosmetic company has finished the first nine months of the year with a revenue of 5.7 billion euros.
The company has ended the third quarter of the year with a revenue of 4.3 billion euros, compared to 3.9 billion euros last year.
The company owned by OTB has renovated the contract of the designer for the Paris-based brand. Galliano joined the company in 2014.
The company has explained that is looking for a replacement for Michael Maccari, who has worked in other groups like Armani, Ralph Lauren or Calvin Klein.
Axel Dreher joined the company in 2013, as head of operations and later was chief financial officer. In 2017, the executive took the role of CEO.
The American sportswear company was the owner of the brand since 2002, when it acquired it for 95 million dollars (85 million euros).
The British department stores company is launching its new concept at the beginning of next year with the opening of two units.
The fashion luxury company, owned by LVMH, has opened a pop-up store in the Japanese department store with its concept Maison. The group is present in the country with 166 stores.
The court has approved the debt restructuring agreement needed to close the deal. The new owner of the Italian group will be Vision Investment Company, based in Dubai.
The space will have an area of forty square meters and will be located on the third floor of the Selfridges flagship on Oxford Street in London. The opening is planned for October 30.
The French cosmetics company has reached sales for 7.18 billion euros, up 7.8% compared to the same period last year on a like-for-like basis.
All economic news of the key fashion companies worldwide.