Companies

The department store group has reduced its debt by 253 million euros (278.8 million dollars) in the first half of the year.

The Italian eyewear group has registered a revenue of 212.8 million euros in the third quarter of its fiscal year.

The sportswear company has put an end to the pilot test that began two years ago, within its strategy of having greater control over its entire sales process.

Uniqlo’s owner group has partnered with Mujin and the startup Exotec Solutions to increase the automation of its facilities, with an investment of 100,000 million yen.

The owner of Zara franchises in Saudi Arabia has broken distribution agreements with giants like Marks&Spencer and is in the process of closing stores.

The company, promoted by Rocket Internet and Kinnevik, has ended the period with an adjusted Ebitda margin of 2.8%.

Retail continues to boost sales of the Italian group, with revenues representing 64% of the total business.

The revenue of the Chilean group rose 1.2% in the period. The results do not reflect the impact of the protests in Chile.

The British fashion company has opened a concession with its womenswear offer in the historical department store. The company is already present in the Netherlands with nine stores.

The Japanese company has closed the first six months of its fiscal year, which runs from April to March, with a revenue of 85.5 billion yen (711 million euros).

BasicNet had a revenue of 235.8 million euros between January and September. Group’s revenues skyrocketed after the acquisition of Sport Finance.

The bridal fashion company will begin selling Nicole’s products in its flagship store in the Spanish capital, as well as other four stores of the company.

The Spanish fashion giant appears in the top ranks with other companies in the sector such as L’Oréal, Suez, Gberit and Henkel, amongst others.

The Italian department stores company prepares the launch of its online store with the aim of expanding its sales throughout Italy.

The French company, owned by SMCP group, has opened its first stand-alone store in San Francisco Premium Outlets in California.

The maternity wear company has speeded up its plans to open a new production hub in Belgium. This warehouse will supply the company’s European and American market.

Single’s Day sales skyrocket 25% exceeding last year’s number, when the day reached 30.8 billion dollars.

The German sportswear company will close high-tech robot facilities in the two countries before April 2020 while suppliers in Asia will adopt some of these processes.

The Spanish fashion giant first allied with the agency in 2007 with the aim of guaranteeing the fair work of the people who work in its production plants.

The deal signed in August includes the brand Lord&Taylor, its intellectual property, ecommerce channels and the associated inventory. Hudson’s Bay will hold an equity stake of 25% in Le Tote.

The American ecommerce giant has invested more than 737 million dollars in the country since its arrival in 2014.

The Swiss luxury holding, owner of Montblanc or Cartier, has ended the period with a revenue of 8 billion dollars.

The Italian group has registered a revenue of 459.2 million euros. Sales in the Asian country rose 14% during the period.

The French menswear company has drawn up a new strategic plan on a global scale that involves introducing more experience in stores and renovating its merchandising.

Art Peck leaves office as president and chief executive officer of the fourth largest fashion retailer. Robert J. Fisher, son of the founders, relieves him on an interim basis.

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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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