Companies

Chow Tai Fook Boosts Margins and Operating Profit Despite 17.5% Sales Decline

Japanese Label Comme des Garçons Sets Sights on Latin America With São Paulo Debut

The Japanese fashion brand will open a store in the Iguatemi São Paulo shopping mall, which specializes in luxury and where brands such as Balenciaga, Loewe and Chanel already operate. The opening is scheduled for May 2026.

Louis Vuitton Teams Up With Real Madrid as It Expands in High-End Sports Marketing

The French luxury house of giant LVMH becomes an official partner of the Spanish white club for institutional events and travel, with a tailoring collection designed by creative director and music producer Pharrell Williams.

Mango Cuts Nearshoring to 36%, Total Garment Output Up 7%

The Spanish fashion company worked in 2024 with a total network of 2,676 factories, of which 966 were located in close proximity. China is the company's main supplier, accounting for 36.85% of its sourcing.

H&M Inches Into Premium Territory With Kidswear Focus, Galeries Lafayette Tie-Up

The Swedish fashion retail group continues to raise its positioning and is making its debut in French department stores to attract a new premium clientele. After the summer, it will open a new flagship store in Le Marais.

The son of Mango's founder will now be in charge of the Andic family's assets and will remain vice-president of the Catalan company. The group creates a macro product area that encompasses all its lines.

The Canadian sportswear retailer will generate up to 20% of the fibers in its product portfolio from recycled materials sourced from Samsara Eco, in which it acquired a stake two years ago.

The low-cost fashion group has sealed the sale of its food chain to the company and has obtained an 80 million euro loan from the investment fund to support the new roadmap outlined in the company's plans.

The executive is reportedly working on the dissociation of his functions as Chairman and CEO, a position for which he is seeking a replacement in order to address the upcoming repositioning of the group.

The U.S. giant is teaming up with Indian brand NorBlack NorWhite as part of its new offensive in the country. The collaboration fuses sporty functionality and textile tradition with bandhani technique.

The French stock market regulator has sanctioned Shandong Ruyi's environment for manipulating information and failing to declare changes in shareholdings. The ownership structure of Smcp as a whole has been in dispute since 2021.

The Galician group that owns Zara has started fiscal 2025 with a weak increase in sales and a flat net income performance. The group keeps gross margin under control, but has challenges ahead.

The private equity fund backed by the LVMH conglomerate launches its first investment vehicle focused on Japan. The operation plans to support around ten local companies in sectors such as beauty and retail.

The U.S. group, owner of brands such as Reebok, Quiksilver and Champion, has launched a new headquarters in the Asian giant's city to accelerate its expansion in the Asia-Pacific region.

The Spanish fashion company, focused in a strategic plan until 2029, has announced the launch of a new limited edition line, which will be presented at a company fashion show in early September in Barcelona.

The U.S. sportswear company specializing in the practice of yoga continues its international expansion plans with the opening of a store in the Brazilian city of Sao Paulo.

The effects of the exchange rate and the impact of the leap year in the quarter weighed on the growth of the multinational, owner of Zara: discounting both effects, year-on-year growth stood at 5.3%. Gross Margin Reaches €5.01B

The Italian intimate apparel manufacturer, which filed for insolvency early last year, announces the closing of the sale and purchase transaction that will allow the company to continue with the continuity of its business.

The U.S. company thus maintains the good performance with which it closed the full year in 2024, when it posted record results, although it has already announced some measures to deal with commercial volatility.

The optics division of the French luxury specialist company has announced the purchase of Italian sunglasses and optical products company Lenti as part of its industrial development and market presence.

Lorenzo Flamini takes over from Stefano Saccone as CEO of the fashion company, in a new phase following its alliance with China's Baoxiniao, focused on strengthening Europe and growing in Asia with new lines and retail.

The Italian group led by Renzo Rosso has set up a subsidiary in Mexico City to manage its business in the country. It is also preparing physical openings of Diesel, Marni and Margiela and an alliance with El Palacio de Hierro.

The French maison is promoting the creation of Nevold, an independent company to scale the development of circular materials. The new entity is led by Sophie Brocart, former CEO of luxury brand Patou.

The Persson family, which founded the fashion group in 1947, has also acquired 85% of the group's voting rights, which could put the Swedish retail giant on the road to becoming a listed company.

The group closed the first quarter with a 9.44% increase in sales, weighed down by the poor performance in Asia. Profitability was affected by higher expenses, exchange rates and an unfavorable channel mix.

1 2 3

Modaes Global - Companies | Economic news of fashion companies. All the economic news of the main companies in the fashion business in Spain and around the world. - 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

View all profiles