Companies

Amid macroeconomic uncertainties and the evolving preferences of new generations, leadership teams face unprecedented challenges. What once succeeded may no longer suffice, prompting companies to frequently reassess their executive suites for survival.

The premium German denim company has been granted approval for a bailout from insolvency proceedings earlier this October, with support from the Böck family, who also own Marc O’Polo.

Sales on the platform have dipped, according to Bloomberg data, following the first month since the U.S. closed the loophole allowing low-value packages to bypass taxes.

Italy’s trendsetting young fashion brand embarks on its Southeast Asian journey, opening its first store in Thailand and planning three additional locations by 2027.

With their latest annual results, the Japanese conglomerate led by Uniqlo is pulling further ahead of the American company Gap, which is grappling with its reliance on the domestic market, and is closing the gap with Swedish rival H&M.

The U.S. denim giant has closed a new quarter in its restructuring plan progress, with sales exceeding 4.5 billion dollars and a profit of 420.1 million, fifteen times more than a year ago.

The company is expanding its ecosystem and fast-tracking its evolution from a marketplace into a comprehensive fashion and lifestyle platform. Eloisa Siclari, General Manager for Southern Europe, highlights Spain as a pivotal point in their growth strategy.

The Spanish fragrance company’s stock slid 6% on Thursday after a downgrade from an investment bank, aligning with a previous assessment by Bank of America last month.

The new facility marks the 18th site in North America for the Swiss company, aiming to bolster its ongoing expansion in the region. Construction is slated to last 18 months.

The sportswear giant is expanding its retail footprint beyond London, launching new stores in Manchester and Leeds this November, adding to its existing four locations in the UK capital.

With Claudio Sforza at the helm, this iconic Made in Italy brand is navigating a strategic overhaul, setting its sights on reaching profitability by 2026.

The British conglomerate expands its portfolio with the acquisition of the American company, keeping financial details under wraps while allowing it to operate independently under the leadership of its founder.

The Japanese retail giant sets a new record, fueled by Uniqlo’s strong performance in both Japan and international markets. The company forecasts reaching 3.7 trillion yen in the upcoming fiscal year.

The newly appointed CEO of the French luxury powerhouse is spearheading a global reorganization. With a customer-centric approach and a drive for agility, this move follows an internal assessment revealing the company’s weaknesses and current standing.

Patricia Gabriel steps in as David Savman transitions to his role as Global Brand President at Calvin Klein. This marks another shift in the upper echelon of PVH leadership following the exits of Eva Serrano and Eva Vidal.

In a strategic expansion, the Spanish giant is contemplating a sprawling 3,300,000-square-feet logistics park for Tempe, its renowned footwear and accessories arm, in Parc Sagunt, Valencia.

The Italian legal system is pointing fingers at the footwear giant for neglecting supplier oversight, with the investigation now targeting the broader supply network.

Spanish sneaker powerhouse posts 20% growth in 2024, reaching €66 million, and appoints ex-Chloé and Jacquemus designer David Tourniaire-Beauciel to spearhead its creative direction.

The organization has temporarily halted the expansion of its Higg FEM tool, designed to assess the environmental impact of companies throughout their value chains, while engaging KPMG for a comprehensive review of the index.

Scheduled for a summer 2026 debut, the American fashion giant will tap into Bleckmann’s new Columbus, Ohio distribution center, marking a key step in its extended phased implementation strategy.

The American company scales back its greenhouse gas reduction ambitions, replacing them with more achievable short and medium-term targets. Specifically, their forthcoming strategy focuses on actions through 2030.

The luxury resale market sees a leadership shift as the ex-Goldman Sachs banker and financial chief is appointed CEO, taking over from Maximilian Bittner who led the company for seven years.

Approaching a milestone of a hundred locations in the Iberian Peninsula, the US footwear powerhouse has stabilized its growth trajectory and enhanced profitability, marking a solidified market stance.

The British ecommerce giant has unveiled Asos Live, marking its foray into the live shopping arena with real-time video shopping experiences. By joining the ranks of Mercado Libre, Shein, and Estée Lauder, Asos is embracing the burgeoning trend of live commerce.

The British luxury conglomerate has navigated a transitional fiscal year, marked by steady revenues, a declining operating margin, and a negative bottom line due to exceptional expenses and mounting internal cost pressures.

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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.

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