Companies

In 2015, the American cosmetic group acquired a minority stake in Have&Be Co. and now takes control by acquiring the remaining shares of the company.

The American cosmetics giant has acquired 51% stake of the influencer company. The plans of both companies go through focusing on the global expansion of the brand.

So far in 2019, the flavors and fragrances Swiss manufacturer Givaudan has signed several strategic deals for the company, including Drom and AMSilk.

Mike Ashley, owner of the British sportswear company is asking landlords to agree to link rents to sales across his entire estate. Up to 15% of fees would be linked to in-store sales.

The British luxury company has opened its new flagship store in the Japanese neighborhood. This is the first store of the company with its new store concept.

The executive, based in Milan, was until now director of business development of the Chinese giant in the Italian market. Fontana joined Alibaba in 2015 from HiPay.

The British children’s fashion company has 79 stores in the country and about 2,500 employees. The company ended the year with sales of 336.6 million pounds (381.5 million euros) in the United Kingdom.

Farfetch had red numbers of 85.4 million dollars, compared to losses of 77.2 million dollars in the same period of 2018 but CEO states the company is in path to profitability.

The Italian luxury company, owned by Kering, will open popup store in major cities with its new concept Pin that makes reference to locator pins on maps.

The British perfumer has created a line of eight unisex fragrances that are already available in Zara’s online store.

The Italian company expects a growth in its revenue of 60%, up to 270 million euros in its fiscal year 2020.

The board of directors proposes cash call of up to 7.8 million euros, to support 2019-2023 development plan.

The German fashion company has signed Alicia Cano as director supply chain management and Xavier Casares as director of product planning.

The American sports company has appointed Thasunda Brown Duckett, with the aim of deepening its strategy of physical and online experience.

The company, owned by LVMH, has opened in Paris the third store of its brand The Marc Jacobs. The two others are in New York and Los Angeles.

The Spanish industrial group prepares to reach the final consumer directly by manufacturing technical sports equipment.

The French company will open one of its biggest flagships in the world at 50 Champs Élysées.

The Brazilian cosmetics giant has achieved a profit of 68.6 million Brazilian reais (16.4 billion dollars) in the first half of the year.

The British luxury company has achieved a revenue of 150.1 million pounds (192.7 million dollars) boosted by new accounting standard IFRS 16. Excluding the impact of the new measures, the group’s profit increased by 11%.

Aeffe, owner of Alberta Ferretti and Moschino, amongst others, achieved a revenue of 296 million euros, up 1.7% compared to the same period the previous year.

The American company, with more than 200 years of history, has been in the hands of Italian businessman Claudio del Vecchio since 2001.

The bridal fashion company wants the US to become its first market in two years. The company already has seven stores in the country.

The company has appointed Sonia Moschino, until now head of retail Europe at Diesel, as a new sales director for Italy, Spain and Portugal.

Marco Marchi has acquired the totality of Blufin, which operates with brands Blumarine, Blugirl, Anna Molinari and Be Blumarine although the amount has not been revealed.

Pablo Isla, president of the Spanish fashion giant, and Valter Sanches, general secretary of the federation, have met today in Geneva to renew the deal they signed in 2007.

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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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