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

Marking a significant investment, the Italian optics group has taken a 25% stake in the specialist for 21.7 million pounds ($28 million) as part of a strategic expansion effort.

Ahead of its 2026 schedule, the American company completes its brand divestment, fortifying its financial position with a $750 million boost. The arrangement includes a stake-sharing mechanism for any subsequent sale.

The German sports fashion giant has been facing a downward sales spiral, with revenues dropping 8.5% in the first nine months of the year, highlighting the company’s pressing liquidity needs.

Asia’s fashion powerhouse solidifies its stance as a leading global supplier amid a landscape of price adjustments, political transitions, and heightened social and environmental demands. As 2026 approaches, the nation boosts capacity while facing increased scrutiny.

U.S. giant records $24.147 billion in revenue from June to November, with profits reaching $1.519 billion. Nike maintains its sales momentum, while Converse sees a 30% year-over-year decline.

LVMH-owned jewelry house elevates Laura Burdese to the top role as she succeeds Jean-Christophe Babin, who remains affiliated with the brand acquired by the French group in 2011.

The German footwear specialist wraps up a fiscal year on the rise, reporting growth in both revenue and profits. Expectations are set for double-digit expansion next year, driven by sustained strong demand.

Italy’s retail titan recovers its momentum, surging ahead after a slight sales downturn in fiscal 2024. With OVS at the forefront, the firm posts gains in both revenue and EBITDA.

Spanish bridal fashion firm bolsters its foothold in the Mexican market, following its 2019 entry with the opening of its first physical store. However, the brand’s primary expansion focus lies in the United States.

Finnish fiber firm to leverage platform boost for a cross-sector consortium aimed at integrating Spinnova fibers into the textile materials market, paving the way for infrastructure enhancement.

Solidifying its commitment to North American expansion, the industrial group has entered into a memorandum of understanding with a U.S. company, outlining a potential 100% acquisition.

Walmart’s Singaporean powerhouse, comprising eight companies, is set to integrate under Flipkart Internet in India, taking charge of all operations within the nation.

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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

Safilo Expands Portfolio with Strategic 25% Stake in British Eyewear Maker Inspecs

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Leadership Change at Bulgari: Laura Burdese Steps In as CEO

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OVS Boosts Sales & Profit: 9% Revenue Growth and 9.5% Profit Surge in Q3

Modaes

18 dic 2025 - 08:09

Rosa Clará Strengthens North American Presence with Second Mexican Store Launch

Modaes

18 dic 2025 - 08:02

Spinnova and Fashion for Good Collaborate to Accelerate Eco-Friendly Fiber Advancements

Modaes

18 dic 2025 - 07:53

Nextil Expands Into U.S. Medical Market with Majority Stake in Isavela

Modaes

18 dic 2025 - 07:51

Flipkart Overcomes Competition Tribunal, Sets Sights on 2026 Stock Market Launch

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