Companies

The American intimate apparel specialist has raised its full-year forecasts for both sales and profit, defying the recent setbacks from shifting tariff policies.

Belstaff, the renowned motorcycle-inspired menswear brand, changes hands to a UK group as Ineos, its former owner, navigates a strategic shift following increased debt levels.

The Swiss jewelry powerhouse is strategizing to offset the impact of tariffs introduced by Donald Trump, compounded by an 88.4% plunge in net profits for the first half of the current fiscal year.

In the second quarter, the fashion conglomerate turns around its net income trajectory. Sales climbed to 1.208 billion, propelled by Hollister’s impressive showing.

Department stores in the fashion, beauty, and home sectors have reported a staggering $139 million in semi-annual net profits, marking a threefold increase over the first half of the fiscal year.

Scheduled for completion by September 8th, the sale of the U.S. sports equipment distributor to Dick’s chain comes as the company reports a 3.39% decrease in sales for the first half of the year.

The Swiss giant has unveiled changes at the top: Gilles Andrier steps down as CEO, with Christian Stammkoetter, formerly of Danone, taking the helm. Andrier is poised to succeed Calvin Grieder as Chairman of the Board.

The British fashion company has enlisted Rothschild investment bank to spearhead a strategic review, with an eye on the group’s sale next year amid challenges in the UK.

The Belgian group wrapped up the first half with sales hitting €110 million, grappling with increased investments, a decline in swimwear sales, and challenges in the U.S. market.

British retail chain acquired by Gordon Brothers last June, preceding the announcement of 68 store closures in a UK High Court-approved restructuring plan.

Since its founding in 1881, the American fashion group has seen its gross margin decrease, influenced by intensified promotions with the Puerto Rican artist and the effect of tariffs on imports to the U.S.

As tariff hikes loom in 2025, the athletic gear titan has been reshaping its sourcing strategy for ten years, expanding its supplier base and minimizing reliance on a few providers.

The French fashion powerhouse expands its diversification strategy with the introduction of Kitchoun, its new children’s footwear brand, alongside the Kiabi Home line.

In a circular fashion move, the British company collaborates with Oxfam to sell its items on eBay, refurbished by Reskinned, following the collection of 36.5 million garments from the brand.

Shares in the German sportswear leader Puma surged by more than 15% following the Pinault family’s revelation of their intent to divest their 29% holding.

Following the launch of a new London store this April, a dynamic Inditex brand strengthens its UK presence with a flagship debut at Manchester’s Trafford Centre.

Tom Allsworth, co-founder of Revolution Beauty, takes the helm of the cosmetics company as it continues to search for a buyer, following its announcement in May.

With extensive careers in multinational companies, both executives are set to join on September 1. Brok, who also serves on the boards of Revlon and Oatly, and Laundry, a 19-year veteran of Amazon, bring a wealth of experience to their new roles.

The American clothing rental company is set to hand over 86% of its equity to investors in a move to slash some of the debt burden lingering on its balance sheet since the pandemic hit.

The Danish company, keeping the specifics of the investment under wraps, is optimistic that the funds will drive the German company’s aim to launch a small-scale plant by 2026.

American denim giant appoints Chris Callieri to a newly created role this September, replacing the duties of former COO Liz O’Neill, who retired earlier this year.

The cosmetics giant wrapped up the fiscal year with a revenue of $5.893 billion, falling short of the previous year’s performance. After dipping into the red in the third quarter, the company remains in negative territory.

Since January, Bellini has been at the helm of Mayhoola, the parent company holding a 70% stake in the Roman fashion house. He steps in following Jacopo Venturini’s summer departure after a five-year tenure.

With co-founders Maurice and Paul Marciano and CEO Carlos Alberini in the mix, the transaction values the U.S. fashion house at $1.4 billion, as Guess prepares to exit the New York Stock Exchange.

The accessory brand catering to children and teens has revealed the sale of its North American operations to private equity firm Ames Watson, aiming to curb losses following its bankruptcy filing.

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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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