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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 conglomerate has initiated the sale of 51.2% of its shares following a court-mandated return of a 15.5% stake to ETS, marking a pivotal step in resolving its intricate shareholder dispute.

As it approaches a €2.5 billion sale to HongShan Capital, Italy’s footwear brand reveals a revenue of €517.1 million, with the Chinese fund being the only bidder.

Spanish company inks distribution deal with U.S. partner, eyeing a lofty $200 million revenue target within five years. The American collaborator pledges to reinvest 30% of its income back into Nextil initiatives.

The Irish fast-fashion powerhouse unveils its latest sustainability report, highlighting strides in emission reductions, recycled material usage, and garment recycling.

Denmark’s transport titan has yet to announce a date for its Suez Canal operations to restart, even as the canal authority emphasizes its security post-ceasefire between Israel and Hamas.

The UK is poised to repeal its tariff exemption on packages under 135 pounds ($178) by March 2029, a move that will undergo public consultation before implementation.

Fashion companies in France are still not bound by the controversial environmental impact methodology labeled as arbitrary by Glimpact, a leading assessment firm.

The American group, currently in the throes of an acquisition by Authentic Brands and the denim company’s co-founders, has wrapped up its final three months on the stock exchange as the deal nears completion.

As part of a major company relaunch, the US denim powerhouse has unveiled two fresh retail locations in Madrid and Milan, riding on the wave of multiplied profits.

As the German sports gear giant undergoes a significant overhaul, industry giants like Anta, Li Ning, and Asics are reportedly eyeing the company. Its shares have nosedived by 60% year-to-date.

The European entity urges ‘sufficiently dissuasive sanctions’ in a resolution tackling the distribution of illegal and unsafe products across the EU, citing platforms like Shein, Temu, AliExpress, and Wish.

Amidst rising concerns, the French authorities have turned to the Paris Judicial Court, calling for the immediate halt of a Chinese platform found selling illicit products, notably child-resembling sex dolls and forbidden weaponry.

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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

SMCP Moves Forward with 51.2% Equity Sale Amidst Creditor Negotiations

Modaes

28 nov 2025 - 07:09

Golden Goose’s Sales Soar 13% in First Nine Months of 2025 Amid Acquisition Talks

Modaes

28 nov 2025 - 07:07

Nextil Partners with Maxum to Tap into U.S. Market, Opens Door to Capital Investment

Modaes

27 nov 2025 - 14:00

Primark’s Emission Reduction Milestone: A 5.7% Drop in Carbon Footprint

Modaes

27 nov 2025 - 08:31

Maersk Sets Sail for Red Sea Return “Once Conditions Align”

Modaes

27 nov 2025 - 08:26

United Kingdom to Phase Out ‘De Minimis’ by 2029 in Sync with European Initiative

Modaes

27 nov 2025 - 07:59

French Fashion Faces First Challenge Over Environmental Labeling

Modaes

27 nov 2025 - 07:57

Guess Rebounds to $25.6M Profit in Third Quarter Ahead of Market Departure

Modaes

27 nov 2025 - 07:25

Levi’s Expands European Presence with Flagship Stores Amid Global Relaunch

Modaes

27 nov 2025 - 07:22

Anta Eyes Puma: Chinese Sportswear Titan Considers German Acquisition

Modaes

27 nov 2025 - 07:16

European Parliament Targets Shein and Backs France’s Platform Suspension

Modaes

26 nov 2025 - 14:38

France Intensifies Crackdown: Shein Faces Potential Three-Month Suspension

Modaes

26 nov 2025 - 14:36