Modaes

Redacción

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

As the beauty industry’s giants clash, the Swiss branch of the American company has accused Gucci and Kering in a UK tribunal over their beauty license deal, which expires in 2028, aligning with L’Oréal’s potential market debut.

In a strategic move, the French luxury group has invested in the Italian luxury company, keeping the financial terms under wraps. The production facility additionally caters to major fashion houses including Prada and Chanel.

The Austrian group maintains that the move is a targeted action at this location, focusing primarily on B2B sales. The company has gradually been slimming down its workforce over recent years.

Cycling and running apparel company announces closure next year due to economic reasons. However, its owner, Gore-Tex, will continue to produce fabrics for other sportswear brands.

The American company has unveiled its flagship store in Covent Garden, with two more London locations set to follow in the coming weeks, marking the brand’s relaunch and UK expansion.

In the face of economic challenges and inflationary pressures, U.S. consumers are projected to spend an impressive average of more than $890 each, the second largest amount recorded in over two decades.

The Brazilian footwear giant has reported a 7.5% increase in sales, reaching $208.7 million, alongside an 87% surge in EBITDA, driven by enhanced margins in Brazil and a rebound in its international operations.

In response to American tariffs, a Chinese e-commerce giant raises product prices for consumers. Temu’s summer struggles and advertising cuts bolster its profit margins.

The German fashion fair has announced a strategic shift, moving its next September edition forward by six weeks. Starting in 2026, the event will take place from July 21st to 23th, aiming to establish a consistent early-month slot from 2027 onwards.

Despite setbacks in its work apparel segment, the American group reports upward movement in its athletic brands, with a 6.4% growth predicted by year’s end.

The American company has achieved double-digit growth across its three key regions, with Europe leading the pack, followed by Asia and North America. Sales surged during the period, reaching a remarkable $2.01 billion.

The American sports equipment giant, helmed by Kevin Plank, has pointed to tariff measures and an unfavorable mix of channels and regions as reasons for its slipping profitability.

31 32 33

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

Luxury Beauty Standoff: Coty Takes Legal Action Against Kering Over Gucci License Dispute

Modaes

10 nov 2025 - 07:34

Hermès Strengthens Supply Chain, Acquires 15% of Lanificio Colombo

Modaes

7 nov 2025 - 16:38

Swarovski Restructures: 400 Roles Eliminated at Austrian Headquarters

Modaes

7 nov 2025 - 16:36

Gore Shuts Down Iconic Gorewear After Four Decades in Business

Modaes

7 nov 2025 - 16:04

Gap Makes a Grand Reentry to the UK Market with a London Flagship Launch

Modaes

7 nov 2025 - 07:26

American Christmas Sales Set to Exceed Billion Dollars, Breaking Records

Modaes

7 nov 2025 - 07:16

Havaianas Powers Alpargatas’ Profit Jump in Third Quarter

Modaes

7 nov 2025 - 07:04

Shein Forecasts Profits to Soar to $2 Billion Despite Tariff Challenges

Modaes

6 nov 2025 - 19:18

Munich Fabric Start Advances to July, Aligning with Fair Calendar Revisions

Modaes

6 nov 2025 - 13:04

Wolverine Sees 6.8% Third Quarter Revenue Rise, Thanks to Saucony’s Performance

Modaes

6 nov 2025 - 13:03

Ralph Lauren Surges Forward: Raises Outlook Following 17% Uptick in Second Quarter

Modaes

6 nov 2025 - 13:01

Under Armour Reports Second Quarter Loss as Sales Continue to Shrink

Modaes

6 nov 2025 - 12:58