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

British fast-fashion giant reports a 0.4% increase in revenue and a 2.8% boost in operating profit. The company sets its sights on further expansion in the U.S. market and plans to grow its store footprint.

The American conglomerate is gradually turning the tide on its declining business, closing the first half of the year with revenues of $1.653 billion, a 4% drop compared to a 6% decline in the first quarter.

The German fashion company has reported revenue of €989 million alongside a profit of €60 million. Despite this, the group has seen a dip in sales over the first nine months of the year.

The Italian conglomerate behind Kappa, Superga, and Sebago achieves a revenue climb to €909 million in the initial three quarters and eradicates bank debt following a partial exit from K-Way.

In a groundbreaking $6.25 million collaboration, the CFDA Foundation and Bezos Earth Fund are set to bolster sustainability initiatives across the U.S. fashion landscape, including education, awards, and innovative projects.

Mike Amiri’s brand steps onto the soccer field, debuting its inaugural formalwear collaboration for the Spanish football team, crafting bespoke suits for the club’s first division squads through the 2029/30 season.

Europe has emerged as a pivotal growth hub for major U.S. retail giants, who are doubling down on the continent’s key capitals in response to a faltering domestic market.

Dominating the sports endorsement arena, Nike leads with the most ambassadors, leaving Adidas and Puma in the distance. Despite the rise of new talents, veteran athletes continue to be the mainstay of brand affiliations.

In a decisive move, the French sporting goods powerhouse confirms the operation, signaling the closure of its Iberian central’s liquidation and wrapping up a year of operational hurdles in Spain.

The e-commerce giant has initiated a collective layoff process within its Spanish subsidiary. This follows last Tuesday’s announcement of a global workforce reduction affecting 14,000 corporate employees.

Luxury digital powerhouse divests shares in one of its brands to an investor group in a $30 million deal, aiming for $4 billion in revenue by 2030.

The American conglomerate, known for owning brands like Lee and Wrangler, expanded its brand portfolio this June with the acquisition of the Norwegian outdoor fashion company, which will now be globally led by Børre Hegbom.

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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

Primark Eyes Independent Expansion After Reporting Steady Sales Year

Modaes

4 nov 2025 - 09:59

Capri Stages a Comeback: H1 Sees Sales Decline Slow and Profits Surge

Modaes

4 nov 2025 - 09:58

Hugo Boss Posts 3.9% Revenue Decline, Yet Profit Surges in Third Quarter

Modaes

4 nov 2025 - 06:59

BasicNet Boosts Sales by 7.3% in Nine Months Following Partial K-Way Sale

Modaes

3 nov 2025 - 14:11

Jeff Bezos Teams Up with CFDA to Propel Sustainable Fashion Innovation

Modaes

3 nov 2025 - 14:02

Amiri Joins Forces with FC Barcelona for Bespoke Attire

Modaes

3 nov 2025 - 13:45

U.S. Retailers Make a Bold Move in Europe: Brands Account for 25% of New Store Openings

Modaes

3 nov 2025 - 07:20

Sports Giants Eye Lewis Hamilton and Simone Biles as Leading Ambassadors

I.J.

3 nov 2025 - 07:18

Intersport France Expands Influence, Steering Operations in Spain and Portugal

Modaes

3 nov 2025 - 06:59

Amazon to Lay Off 1,200 Employees in Spain Amid Global Workforce Restructuring

Modaes/Agencias

31 oct 2025 - 16:55

LuxExperience, Parent Company of Mytheresa, Parts Ways With The Outnet

Modaes

31 oct 2025 - 16:21

Kontoor Brands Appoints New Global Business Head for Helly Hansen

Modaes

31 oct 2025 - 15:19