Modaes

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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

Sources indicate that the American retail powerhouse is engaging in discussions with creditors to avoid bankruptcy, a move that has previously been implemented over the past months.

British fashion retailer eyes a cut-price bid for the brand, likely excluding its retail network, as LK Bennett seeks to appoint administrators.

Leadership shakeup at prominent U.S. department store: Mark Metrick exits CEO role amidst crisis, with Richard Baker named as successor for Saks.

In a move to stabilize Turkey’s pricing landscape, the government and industry leaders have agreed to a wage increase that falls below the inflation rate, which hit 31% in December, according to official data.

Starting January 6th, the e-commerce giant will waive return fees for UK shoppers who retain most of their purchases, despite a 70% return rate.

Positioning itself for dominance, the American investment group has launched a public acquisition offer, acquiring 43.66% of the company for $149 million so far.

Facing 2026 with economic deceleration and a shift towards domestic consumption, China is reshaping its influence on the global fashion stage. The Asian giant remains pivotal, but its importance transcends just volume.

With Guatemalan government approval, the Spanish group enhances its export-driven operations, now including garment production, strengthening its vertical integration to tap into the U.S. market.

Arvind Fashions has secured 31.25% of Flying Machine for INR 1,350 crore ($15 million), as Flipkart (Walmart) charts its course towards a 2024 IPO.

British women’s fashion retailer trims debt with a fresh capital injection, as discussions swirl around its potential sale next year. New Look plans to wind down its Irish operations by 2025.

Starting January 1st, the Chinese government will implement reduced provisional tariffs on 935 imported goods, including cotton, wool, and hides for footwear and leather goods, easing supply for its industry.

In a move echoing Zara’s strategy, the low-cost division of Inditex is bolstering its home line, introduced earlier this year, as part of a broader repositioning effort.

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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

Saks Pursues $1 Billion Financing Deal to Sidestep Insolvency

Modaes

5 ene 2026 - 08:10

Next Explores Acquisition of LK Bennett Following Seraphine Buyout

Modaes

5 ene 2026 - 08:03

Saks on the Brink: Struggling to Manage Mounting Debt Crisis

Modaes

2 ene 2026 - 15:15

Turkey Increases Minimum Wage by 27%, Approaching $650

Modaes

2 ene 2026 - 15:09

Asos Unveils New UK Return Policy Amid Ongoing Efforts to Curb Returns

Modaes

2 ene 2026 - 07:05

Bain Capital Expands Fashion Portfolio with Acquisition of South Korea’s Echo Marketing

Modaes

2 ene 2026 - 06:32

2026 Vision: China’s Economic Rebalance and Fashion Ecosystem Transformation

Pablo Bueno

2 ene 2026 - 05:00

Nextil Makes Bold Move into U.S. Market with Full Vertical Integration in Guatemala

Modaes

31 dic 2025 - 07:53

Flipkart Hands Back Flying Machine to Arvind as IPO Nears

Pablo Bueno

30 dic 2025 - 14:14

New Look Struggles with Shrinking Sales Amid Ongoing Restructuring

Modaes

30 dic 2025 - 07:35

China to Slash Tariffs on Strategic Cotton, Wool, and Fur by 2026 for Textile Boost

Pablo Bueno

30 dic 2025 - 07:12

Lefties Debuts in Home Appliances with Create, Taking a Cue from Zara Home

Modaes

30 dic 2025 - 07:09