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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 taken a minority stake in the Swiss movement manufacturer, under Citizen’s ownership, and entered into a strategic partnership to elevate the production and innovation of its watch brands.

Swiss company reports a nine-month revenue of 2.270 billion Swiss francs ($28.29 billion) and a net profit of 134.6 million Swiss francs ($167.7 million).

The Japanese sports equipment company has reported a nearly 20% sales surge in the first nine months of the fiscal year, driven by robust performance across all divisions.

Major players like Nike, Ralph Lauren, Coach, and Levi Strauss are scaling back or phasing out promotions to mitigate the effects of tariff measures as the year draws to a close.

In a strategic leadership move, Walmart-owned Flipkart welcomes back Sharon Pais, who steps into Kunal Gupta’s shoes. Pais’s prior experience with the company positions her well for the executive role.

The department store giant has reported a revenue of 9.43 trillion Chilean pesos ($10 billion) for the first nine months, with profits soaring to 717.173 billion pesos ($764.7 million).

The conglomerate, which owns the iconic Kadewe department stores along with Munich’s Oberpollinger and Hamburg’s Alsterhaus complex, has appointed Swiderski, formerly the head of purchasing at PVH, to replace Oliver Krammy.

The sportswear company secures a groundbreaking agreement with a new-age materials provider, elevating it to top supplier status for recycled polyester, poised for integration into main product ranges.

Brazilian beauty giant ends the first nine months with revenues hitting 16.024 billion Brazilian reais ($3 billion), yet reports losses of 1.881 billion reais ($353 million).

Following its record-breaking first quarter since its inception in 2011, the U.S. luxury resale platform slips back into the red in between July and September, despite a boost in sales.

The Japanese cosmetics giant has lowered its full-year forecast, anticipating a 3% drop in sales to $6.28 billion and projecting nearly $330 million in losses.

The upcoming 2026 EU regulation aims to establish a unified market for recycled materials, ensuring their supply and quality in the supply chain while boosting demand among businesses.

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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

LVMH Strengthens Watch Division with Stake in Swiss La Joux-Perret

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Modaes

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Natura Trims Sales but Slashes Losses by Fourfold Through September

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The RealReal Reports 17% Revenue Growth in Third Quarter Despite Losses

Modaes

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Modaes

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Fashion Industry Floods Brussels with Circular Economy Inquiries: 100+ Consultations Submitted

Modaes

10 nov 2025 - 07:54