Back Stage

Luca de Meo: From Auto Executive to Kering's New CEO—What’s Next for the Luxury Giant?

Inside LVMH’s Startup Bet: The Tech Disruptors Backed by Bernard Arnault

The French luxury group LVMH has awarded innovation at the Vivatech trade show in Paris, highlighting technological solutions that reshape the future of fashion and luxury, from agricultural traceability to digital body language.

Foot Locker: The Rise and Fall of the Referee That Lost Its Authority in the Sportswear Aren

Before becoming the striped-icon of athletic retail, Foot Locker’s roots trace back to two retail pioneers — Frank Winfield Woolworth and George Kinney. Their separate ventures eventually merged, laying the groundwork for what would become a sportswear empire now facing new challenges under Dick’s Sporting Goods’ ownership.

Skechers’ Wild Ride: From Grunge and Britney Spears to a $9.4 Billion M&A Deal

Skechers may have just closed a $9.4 billion deal, but its story begins far from the boardroom. Behind the brand stands an irreverent entrepreneur whose career has spanned fake hair, watches, Dr. Martens, skateboards and, eventually, the sneakers that made Skechers a global force.

Guess: Denim, Desire and Lawsuits — The Tumultuous Origins of a Bygone Fashion Powerhouse

Guess didn’t just sell jeans — it sold a vision. With sultry campaigns and unknown models turned global icons, the American brand made sex its signature. Behind it all, four Moroccan brothers turned a denim dream into one of the most recognizable fashion empires of the late 20th century.

From its industrial roots to rapid expansion, G-III has grown into a fashion powerhouse through strategic licensing deals and acquisitions. Guided by the Goldfarb family, who continue to lead the company today, the American giant shows no signs of slowing its acquisitive momentum.

Founded in the 1940s, Riachuelo has evolved into one of Latin America’s foremost fashion retailers, maintaining a stronghold exclusively in Brazil. With annual revenues surpassing €1.5 billion, the brand stands as a dominant force in the fast fashion landscape, blending local heritage with mass-market appeal.

With the rebellious Diesel as its flagship, entrepreneur Renzo Rosso has forged a powerhouse group encompassing Jil Sander, Maison Margiela, Marni, and Viktor&Rolf, alongside two industrial divisions. Now, the company sets its sights on an IPO, aiming to fuel the next stage of its relentless growth.

Troels Holch Povlsen and Merete Bech Povlsen founded Bestseller in 1975 as a modest shop in Denmark. When their son took the reins at just 28, he propelled the company into the international fashion powerhouse it is today.

On his first interview in front of a camera, the founder of Desigual defended that creativity is not exclusive to creative professionals.

It saved the sector during the financial crisis, when China was a rapidly expanding country, and it does so now thanks to its rapid management of the pandemic.

Italian industrial companies have started to produce face masks, disposable gowns and sanitary packaging due to the spread of the pandemic.

The Chinese company, the world’s largest producer of viscose, has partenered with Swedish company Södra to develop the new fiber.

H&M, VF Corporation or Lululemon closes their stores amid the global spread of the COVID-19 as it increasingly takes over companies’ main markets.

The startup that leads the table is specialized in the management of the rental service of brands such as Scotch & Soda, Bloomingdale’s and Banana Republic.

Every day, women take on more important roles in international corporations, a class that is predominantly occupied by men in the industry. However, a shift is transpiring in large groups such as H&M who appointed its first female CEO in January. Gap, as of yesterday, also appointed a new female CEO, and added two members to its board of directors that are women.

Fashion sales, footwear, and sports equipment increased by 3.9% in the last year, to 96 billion dollars.

Tiffany, Chanel or Inditex are some of the major groups in the fashion industry that have filed lawsuits in court to defend the use of their trademark.

In the top ten most transparent luxury company, Hugo Boss really shows who is the boss as it leads the ranking with the highest score against companies such as Louis Vuitton, Dior, Fendi, and many more.

Although surnames like Bezos, Gates, Zuckerberg, Brin, Page or Ballmer are among the first in the list of the richest in the world, the purchasing power has flipped to China, where most rich are concentrated.

Adidas, Reebok or Patagonia lead the list of the most transparent companies in the sector, with a 70% transparency score, according to Fashion Revolution Transparency Index 2019 of Fashion Revolution.

G-Star Raw North America’s head of ecommerce, Brian Best, unveils a few tips that companies should tap into in order to stay up to date with the changes occurring between online platforms and physical stores; “the companies that are doing very well are the ones that are evolving an omnichannel presence.”

The development of the online business in Asia's ginat, China will be marked by real-time videos, cross-border ecommerce or group consumption, according to Coresight Research.

The Spanish company, Mango, signs the Sustainable Apparel Coalition, which is an international alliance within the textile, footwear and clothing industry for sustainable production.

The French luxury giant’s GROUP has broken all records, imposing itself on Prada or Hermès in an auction whose bidding price started at 950,000 euros.

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Modaes Global - Back Stage | Reports and interviews of the protagonists of the fashion business. Articles, analysis and interviews on the key phenomena of the fashion business. - Modaes Global.

Profiles

Bernard Arnault

President and CEO of LVMH

Pier Paolo Righi

CEO of Karl Lagerfeld

John Donahoe

CEO of Nike

Jesús Gil

Head of Southern Europe in Esprit

Taku Morikawa

General manager of Uniqlo Europe

Tadashi Yanai

Founder and CEO of Fast Retailing

Jack Ma

Founder of Alibaba

Gaston Bottazzini

General manager of Falabella

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