3 jul 2025 - 06:09
The African ecommerce company could be acquired by the telecommunications company, which has been progressively increasing its stake in recent months and raised $600 million just this week.
Companies
3 jul 2025 - 06:00
French cashmere house Eric Bompard debuts in Spain with a Serrano flagship, eyeing Madrid’s premium shoppers as CEO Laurence Levy bets on tradition, vibrant colors and a love brand spirit to expand.
2 jul 2025 - 15:16
The Italian company has doubled its investments in its last fiscal year, focused on renovating its flagship stores. The president, Giorgio Armani, assures that the results, more moderate, reflect a “prudent management” of the firm.
2 jul 2025 - 15:14
The British footwear group, one of the world’s largest operators in its segment, closed the last financial year with sales of £901 million pounds and a pre-tax loss of up to £39.2 million.
2 jul 2025 - 15:00
With the purchase, the Afflelou family increases its stake from 29% to 38%, seeking to bolster the company’s growth and consolidate ownership.
2 jul 2025 - 07:07
H&M is facing new privatization rumors after the Persson family, the founder of the fashion group, bought shares that already control more than 64% of the company, and is triggering bets on an eventual farewell to the Swedish stock market.
2 jul 2025 - 07:03
With this action, the German company acquires more than 90% of its share capital. It intends to carry out a forced sale of the minority shareholders in exchange for cash compensation in order to take full control.
1 jul 2025 - 15:07
The U.S. sports equipment retail group, which ended the last fiscal year in the red, is now entering the running trend and the immersive physical environment with one of its chains, Champs.
1 jul 2025 - 07:48
The fashion retail group loses Begoña Costas, until now head of the children’s area, due to retirement. Marcheselli leaves the management of Inditex in the Italian market, where he is replaced by Bárbara Bastianelli.
1 jul 2025 - 07:40
The French Olympic brand faces the final stretch of its competition with two competing bids and allegations of unequal treatment. The Paris court will decide on July 4 whether to reopen the case or rule in favor of businessman Dan Mamane.
1 jul 2025 - 06:00
Spanish group Textil Lonia sets its flag on one of the most expensive axes in Europe. The next CH Carolina Herrera flagship store will take over from Zilli on New Bond Street, flanked by Fendi and Alaïa, while the West End is experiencing a boom in openings.
1 jul 2025 - 06:00
The French giant has launched a first store in Bordeaux dedicated to running, the first of up to five similar openings this year, as part of the company’s specialization strategy.
30 jun 2025 - 17:37
Donald Trump’s protectionist shift is weighing heavily on Asian e-commerce giants Temu and Shein, which are seeing a sharp decline in U.S. user engagement. Meanwhile, both platforms are gaining ground in key European markets such as Germany, Spain and France.
30 jun 2025 - 16:09
The Berlin flagship becomes Mango’s sixth location in the capital. The brand plans to add a dozen more stores nationwide and revamp its Hannover flagship by late 2025.
30 jun 2025 - 06:47
The department store group is going through a critical financial period, with high indebtedness that is forcing its creditors to accept losses. The company, which has already cut 3% of its workforce, needs liquidity in the short term.
30 jun 2025 - 06:00
The company will join the recycler’s board of directors with one seat, occupied by Berta Moral, director of Mango Kids and Teen. The Post Fiber was founded by Hallotex, Margasa, Textil Santanderina and ModaRe.
30 jun 2025 - 06:00
The U.S. sports equipment group ends the last fiscal year with a turnover in Spain close to €30 million. The company has been operating directly in the market since 2016, when it created a subsidiary.
30 jun 2025 - 06:00
The U.S. sports group will reduce the weight of China (which accounts for 16% of all footwear it brings to the U.S.) in its sourcing and is applying “surgical” price increases in its local market.
29 jun 2025 - 15:11
The Asian ecommerce giant began studying the possibility of being listed on the Asian stock exchange at the end of May, after receiving a rejection from the Chinese authorities regarding a possible listing on the London stock exchange.
27 jun 2025 - 06:40
The French men’s and women’s fashion company has announced the appointment of Éric Vallat, formerly CEO of the Rémy Cointreu Group, owner of cognac brands, who will take over the position as of September.
27 jun 2025 - 06:37
The U.S. group closed the last fiscal year confirming its poor momentum and losing the $50 billion turnover barrier, while awaiting the impact of the new CEO’s roadmap.
27 jun 2025 - 03:56
The Swiss sports equipment group is finalizing the opening of the store, located at number 17 Serrano Street, on the corner of Goya. The store has two floors and is located next to Nike’s flagship store in Madrid.
26 jun 2025 - 07:28
The retail giant is immersed in an optimization of its commercial park, for which it has closed half a hundred stores in the last three months and which, in the short term, is affecting its turnover.
26 jun 2025 - 07:16
The Artemis bond is linked to the performance of Kering shares, which is in the midst of a top management reshuffle. The group, which urgently needs to gain liquidity, has reached its target.
26 jun 2025 - 07:09
The Italian firm has confirmed that it is studying strategic alliances after months of rumors in the fashion sector. Its owner, the Emirati Hussain Sajwani, is looking to strengthen the brand, which is undergoing a restructuring process.
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.
