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Modaes is Spain’s leading business news outlet covering the fashion industry. Founded in 2009, Modaes was created to serve as the go-to tool for fashion professionals in the country to stay informed about the industry and make better business decisions.

News by Modaes

The German footwear company announces an update to its growth strategy, the first since it went public in 2023, with double-digit revenue and earnings per share growth through 2028.

The American denim giant wraps up 2025 with soaring profits, skillfully offsetting tariff impacts through strategic price hikes and a focus on premium product positioning amid a global business transformation.

H&M wrapped up its fiscal year with a rise in net profit but a drop in sales when measured in Swedish kronor. However, sales grew by 2% in local currencies. The company forecasts a challenging start to the year with declining sales, while continuing to streamline its store network.

The UK-based group, under the leadership of Newton-Jones, has expanded its portfolio by acquiring the luxury London fashion brand, unveiling an ‘innovative’ strategic plan. LK Bennett caught the eye of British retailer Next earlier this year.

In a bid to navigate the reputational crisis surrounding department stores, the group distances itself following the controversy over hosting the first permanent Shein store in the country. A Canadian asset manager might be the potential buyer.

The company, having finalized the $600 million sale of Dickies last September, reported a 1.48% sales boost for the period ending last December. The gross margin reached 56.3% for the quarter.

The children’s and teen accessory chain has filed for bankruptcy for the second time in under a year. U.S. consultancy firm Kroll has been appointed as the company’s administrator.

The Asian e-commerce leader, in its debut meeting with the organization, suggests compiling a ‘serial offenders’ list to address the scandal of child-like sex dolls on its platform.

The US e-commerce behemoth has undertaken two massive restructuring phases within three months, terminating 30,000 jobs worldwide. This move represents the most extensive workforce reduction seen since 2022.

The Irish fast-fashion giant is set to expand its footprint in the Middle East with new stores in Dubai, Bahrain, and Qatar. This strategic move will extend the brand’s presence to 21 countries, even as it faces a challenging year with declining sales.

Shares of the French group plummeted on the first trading day post-earnings announcement, revealing a 13.3% drop in profit and a 5% decline in revenue.

The bridal fashion company undergoes yet another management shake-up nearly a decade after the Palatchi family sold it. Abencys is on the hunt for a buyer for the entire business, though a piecemeal sale remains on the table.

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Modaes | News by Modaes | Modaes Global. Modaes is Spain’s leading business news outlet covering the fashion industry. Founded in 2009, Modaes was created to serve as the… - Modaes Global.

Modaes

News by Modaes

Birkenstock projects double-digit growth through 2028 with renewed strategy

Modaes

29 ene 2026 - 11:16

Levi Strauss Boosts Profitability: Dodges Tariff Impact and Triples Earnings

Modaes

29 ene 2026 - 11:15

H&M keeps its finger on the pulse and earns 4.6% more at fiscal year-end

Modaes

29 ene 2026 - 11:10

Gordon Brothers Takes Over LK Bennett, Sets Stage for Global Expansion

Modaes

28 ene 2026 - 12:33

Galeries Lafayette Finalizes Sale of BHV Building Amid Shein Controversy

Modaes

28 ene 2026 - 12:30

VF Corp’s Q3 Results Shine with 28% Boost as Business Reorganization Unfolds

Modaes

28 ene 2026 - 08:23

Claire’s Faces Another Setback in the UK with Second Bankruptcy in Six Months

Modaes

28 ene 2026 - 08:21

Shein Under Scrutiny: European Commission Weighs Potential Probe

Modaes

28 ene 2026 - 08:14

Amazon Unveils Second Workforce Restructuring, Cuts 16,000 Jobs to Hit 30,000 Total

Modaes

28 ene 2026 - 08:12

Primark Sets Sights on Middle East Growth: Five Openings Slated for 2026

Modaes

28 ene 2026 - 08:08

LVMH Shares Plunge, Pull Luxury Sector Down Following Disappointing Results

Modaes

28 ene 2026 - 08:04

Pronovias Undergoes Shake-Up: CEO Steps Down as Abencys Takes Charge

Modaes

28 ene 2026 - 08:02