Companies

The US group recorded an operating profit of 103 million dollars in the period and expects to close the year with up to 265 million dollars. Comparable sales fell 1% to 1.283 billion dollars.

The luxury e-commerce company could shed hundreds of jobs in its strategy to transform the company following its acquisition of Yoox Net-a-Porter (Ynap) last April.

The French children’s fashion brand has transitioned from Groupe Rocher to Regent, following an extensive period of restructuring and cost management. In 2024, it generated a revenue of 250 million euros.

Patrizio Bertelli has confirmed that his son Lorenzo will take the reins in the future, taking over from current CEO Andrea Guerra. He will take over as chief marketing officer and head of sustainability from 2024.

The Italian footwear company achieved 342.1 million euros in sales in the first half of the year, with a 19% growth in the direct channel and ten new openings in strategic markets to boost its expansion.

The French women’s fashion company is looking for interested parties for its 144 points of sale in three European markets, following its takeover by Beaumanoir last August. In Spain, the group has four stores.

The Danish multinational’s new project is the first to be developed and launched outside its headquarters. From Spain and with its own team, the new brand aimed at a young public wants to open 500 stores in five years.

The U.S. company has warned that the growing affection of U.K. consumers for domestic or European brands resulting from tariff measures imposed by Donald Trump could affect sales.

The Spanish footwear brand led by Alejandro Porras continues its international expansion, opening new doors in Paris and landing on Beak Street after securing spots in Amsterdam and New York.

The American fashion house, launched by Jack McCollough and Lazaro Hernandez in 2002, appoints Diotima’s Rachel Scott as its new creative force, succeeding the founders who recently joined Spanish luxury brand Loewe.

As the Asian e-commerce giant eyes a potential move of its headquarters back to China, it plans a comeback to London’s retail scene this September, having already pushed its UK sales past the 2 billion euro mark.

The luxury brand has seen a dip in revenue due to market weakness, yet it retains a 54% margin and boosts cash flow. St. John holds strong with a 69% margin, Wolford speeds up in wholesale, and Lanvin hints at a creative leadership change.

The American footwear giant appoints former Nike executive Patraic Reagan as its new CFO, succeeding Susan Healy, following a reported $332 million loss in the first half.

Bertrand Gachon has been promoted from his role in Sportstyle to lead the EMEA region. Drawing on his experience with Nike and Converse, he aims to drive the French brand’s growth on the international stage.

The British company presses forward with its restructuring agenda unveiled in late August, consolidating operations at its Sheffield distribution hub following a 17% revenue dip in 2024.

Armani Group Navigates Succession Challenge with Organic Transition to Dell’Orco, Current Head of Men’s Design, Amid Global Luxury Demand Decline.

The Barcelona based fashion powerhouse is set to expand its teen apparel line across Europe, aligning with its 2026 growth strategy, while also planning new store launches in Spain’s bustling markets of Andalusia, Galicia, and Madrid.

After halving its investments in 2020, the Chilean conglomerate is setting sights on regaining pre-pandemic performance by next year, with a recovery slated for 2024 and a retreat from 2023’s losses.

The company reported a 2.6% rise in retail segment revenue for the second quarter, marking its highest net result for a second quarter in seven years.

Alongside Guess, VF and Capri, U.S. icons such as PVH, Gap and Levi Strauss were among the most bullish stocks for the month, which broke a streak of six consecutive months of declines. Spanish Inditex was also up.

Scheduled for closure on September 12th, the acquisition of the American footwear company marks one of the year’s largest fashion industry deals, taking the brand off the public market.

In the first half, the Italian company’s sales reached 684.13 million euros, marking a 10.23% rise. The company maintains its forecast for a 10% sales increase for the current fiscal year.

Finnish fiber manufacturer secures full ownership of Suzano, the sustainable cellulose producer and Spinnova partner, along with Woodspin, their large-scale raw material joint venture.

Marking its fourth entry into China since 2008, the retail chain teams up with a local partner, as it continues its search for a North American collaborator after declaring bankruptcy last March.

The group slows its pace compared to the beginning of the fiscal year, reporting cumulative sales of $7.1 billion in the first half. The company anticipates an annual impact of $150 million due to tariffs.

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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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