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

In a strategic move, L’Oréal is poised to expand its investment in Galderma. Following its initial 10% acquisition in 2024, the company plans to finance an additional 10% stake through cash and credit lines, finalizing the deal with EQT by the first quarter of 2026.

Facing financial turbulence, the Italian fashion conglomerate behind brands such as Moschino, Alberta Ferretti, Philosophy, and Pollini, is teetering on the edge of bankruptcy, following a 27% sales dip in the first six months.

The Swedish brand with American roots, under the helm of MF Brands Group, has appointed Fredrik Malm as CEO starting December 1, succeeding Patrik Söderström amidst a strategic push in retail and licensing.

U.S. intimate apparel giant, under the leadership of Hillary Super since 2024, wraps up the period with sales hitting $1.471 billion. Third-quarter losses are pegged at $31.34 million.

The beauty conglomerate is set to diversify its geographical reach amid softening consumer demand in the US and China, aiming to expand its market share, rejuvenate its brand, and attract a broader audience base.

French shipping company to resume operations in the Red Sea, joining Maersk’s recent announcement. The Suez Canal Authority confirms safe passage amid current ceasefire conditions.

With a valuation ten times its anticipated year-end core profit, the Italian luxury brand is on the verge of acquisition by China’s HongShan fund, targeting a pre-Christmas deal.

With eyes set on Latin America, the British fashion giant plans to bolster its presence with 45 self-operated retail locations within five years. An upcoming website launch marks its foray into the region’s digital marketplace.

The country’s textile industry leaders stand firmly against the Asian government’s move to bolster union activities in workplaces. Concerns are mounting over potential new protests reminiscent of the upheaval seen in 2024.

Spanish fashion brand Desigual forges a strategic alliance with Myntra to tap into the Asian market, mirroring the online strategies of Inditex, Hoff, Mango, and Tendam on the popular e-commerce platform boasting 60 million users.

The American company revamps its strategic blueprint following the divestment of its Italian brand. According to John Idol, the sale provides financial leverage to accelerate the growth of both Michael Kors and Jimmy Choo.

The U.S. judicial system has ruled in favor of Adidas, concluding that the company did not deceive its investors about antisemitic conduct, highlighting that the inherent risk in partnering with controversial celebrities like Kanye West was evident.

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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

L’Oréal Ups Investment in Galderma, Increasing Ownership to One-Fifth

Modaes

8 dic 2025 - 10:06

Aeffe Restructures: 221 Layoffs Announced Ahead of Holiday Season

Modaes

5 dic 2025 - 17:11

New Leadership at Gant: Fredrik Malm to Elevate Collections and Retail Network

Modaes

5 dic 2025 - 16:52

Victoria’s Secret Surges Ahead in Q3: Revenue Up 9%, Losses Down 43%

Modaes

5 dic 2025 - 13:43

Estée Lauder Bolsters Portfolio with Fresh Brands Amid Business Overhaul

Modaes

5 dic 2025 - 13:31

Shipping Giant CMA CGM Gears Up for Suez Canal Route Revival

Pablo Bueno

5 dic 2025 - 07:49

Golden Goose on the Brink of Sale: Permira Fields €2.5 Billion Offer

Modaes

5 dic 2025 - 07:48

Superdry Joins Argentina Frenzy with Ambitious Five-Store Launch Plan

Modaes

5 dic 2025 - 07:38

Bangladesh Back in the Sourcing Spotlight: Government Pushes for Union Formation

Pablo Bueno

4 dic 2025 - 15:04

Desigual Joins the India Rush: Partners with Ecommerce Giant Myntra

Pablo Bueno

4 dic 2025 - 14:53

Capri Recalibrates Strategy, Prioritizing Michael Kors After Versace Divestment

Modaes

4 dic 2025 - 10:34

US Court Dismisses Appeal Against Adidas Over Ye Partnership Termination

Modaes

4 dic 2025 - 10:32