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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 French company has unveiled its flagship store in Milan, marking its debut presence in the country. This launch is a key step in their global retail expansion, with plans to enter markets in the United States, China, South Korea, and Dubai.

The Irish low-cost behemoth has seen total sales rise by 1%, largely driven by new store openings. Yet, on a like-for-like basis, the chain saw a 2.7% decline, tempering its semi-annual revenue growth.

The UK-based department store group reports a 2.9% downturn in comparable fashion sales, attributing the decline to decreased street traffic and a cyberattack from earlier this year.

Uniqlo’s owner sees robust growth with a 33.87% leap in operating profit and double-digit increases in turnover during the initial quarter of the fiscal year.

The acquisition of Britain’s Jacobson Group by a Japanese conglomerate, featuring brands such as Lotus, Ravel, and Frank Wright, has been finalized, though the financial terms remain confidential.

Istanbul’s Fashion Exporters Association launches a comprehensive year-long initiative aimed at equipping suppliers to meet stringent global brand demands in traceability, carbon-reducing production, and digital transformation.

The niche brand, helmed by the former Celine creative director and part of the LVMH family, soared its revenue to 11.2 million pounds ($15 million) in 2024 and targets 32 million pounds ($43.2 million) by 2025.

Analysts suggest a slowdown in the growth trajectory of sportswear companies, as these brands struggle to maintain their presence in everyday wardrobes. The German titan now faces additional pressure from Nike.

The Brazilian cosmetics giant has finalized the sale of its major brand’s international division across Europe, Asia, and Africa, while retaining control over operations in Latin America.

The investment group has initiated insolvency proceedings for its UK and Ireland operations. According to the current owner, the brand’s legacy leaves it with no ‘realistic path to profitability.‘

French luxury resale company continues to reshape its leadership team following the CEO transition. The co-founder remarked, “This is not a decision I made, nor one I anticipated.“

Asian nation sees a 2.63% dip in exports to international markets during the first half of fiscal year 2025-2026, with a notable decline in December.

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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

Polène Launches First Italian Flagship, Marking a Milestone in European Growth

Modaes

8 ene 2026 - 08:26

Primark Revises 2026 First Half Forecasts Amid Sales Decline

Modaes

8 ene 2026 - 07:21

M&S Sales Surge 24% in Q3 Despite Fashion, Home & Beauty Setbacks

Modaes

8 ene 2026 - 07:16

Fast Retailing Records 14.8% Sales Growth in Q1, Totals €5.614 Billion

Modaes

8 ene 2026 - 07:04

British Footweat Brand Gola Acquired by Japanese Giant Marubeni

Modaes

7 ene 2026 - 12:01

Turkey’s Textile Transformation: Aligning with Global Fashion Needs

Modaes

7 ene 2026 - 08:18

Phoebe Philo Sets Sights on Tripling Revenue with Aggressive Wholesale and Retail Expansion

Modaes

7 ene 2026 - 08:15

Bank of America Alerts: Adidas Struggles Amid Sports Sector ‘Bubble Burst’

Modaes

7 ene 2026 - 07:38

Avon International Transitions to Regent LP Ownership After Natura Sale

Modaes

7 ene 2026 - 07:11

Claire’s Faces New Legal Battle in the UK as Modella Capital Abandons Rescue Effort

Modaes

6 ene 2026 - 14:33

Leadership Transition at Vestiaire Collective: Co-Founder Fanny Moizant Steps Down

Modaes

6 ene 2026 - 14:31

Bangladesh Sees 14% Drop in December Apparel Exports

Modaes

5 ene 2026 - 12:18