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 historic face-to-face meeting in Busan, marking the first in six years, the pact has been sealed. For now, the tariff reduction holds for a year, with prospects for an extension. Currently, average tariffs stand at 47%.

The Italian powerhouse streamlines operations with the merge of Se-Schema Eta and Bm-Benetton Manufacturing, both under the Edizione umbrella. This strategic move comes amid losses recorded by both entities in 2024.

As the board prepares to meet today, all eyes are on Bottazzini’s future with the Spanish company. Appointed as CEO just over a year ago, Bottazzini first came on board as a personal consultant to Marta Álvarez, the chairwoman.

Starting January 1st, 2026, the German e-commerce powerhouse will welcome a new executive to their leadership team, aligning with their European expansion strategy and succeeding David Schröder, who will return to his role as co-CEO.

The Swedish retail titan partners with a leading cotton mechanical recycling company, with whom it has been co-developing products since early last year. The garments are set for mainstream retail rollout.

The Italian outdoor fashion conglomerate attributes its financial dip to global geopolitical tensions and restrained consumer spending. Regional highlights include robust performances in America and China, while EMEA and Japan show signs of weakness.

While the company achieved impressive results throughout the year, it faced setbacks in the third quarter in its footwear segment and within the US market. Still, the company has increased its annual projections.

The newly appointed Chief Product Officer at Desigual shares that the Spanish brand is “not in the acceleration phase at this moment,“ focusing instead on understanding and integrating new systems.

Messe München and Raccoon Media Group have joined forces to launch a new joint venture, set to take over the full operational management of the event. This November’s edition marks the final chapter of the event in Germany, concluding an era spanning over half a century.

Spanish footwear company steps into the UK with its first standalone store in Soho, London, as previously reported by Modaes. This opening follows its recent launches in Amsterdam and New York.

In a strategic move, the U.S. e-commerce behemoth is set to trim 10% of its office personnel, marking 1.55% of its global workforce. This comes after a significant 27,000 job cuts in 2022 as it emerged from the pandemic.

VF Corporation, the powerhouse parent of The North Face, Vans, and Timberland, reported a 0.8% increase in sales for the first half, reaching $4.563 billion, as it strategically aims to cut its debt by 21% post-Dickies sale.

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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

China Tariff Reduction: Trump Announces New 10% Rate Agreement

Modaes

30 oct 2025 - 07:24

Benetton Revamps Production Strategy During Group Restructuring

Modaes

29 oct 2025 - 08:59

El Corte Inglés Revamps Leadership Following Bottazzini’s Unexpected Departure

Modaes

29 oct 2025 - 08:34

Leadership Transition at Zalando: Anna Dimitrova Steps In as Chief Financial Officer

Modaes

29 oct 2025 - 08:13

H&M Commits to Multi-Year Purchase Deal with Recover for Recycled Cotton

Modaes

29 oct 2025 - 08:04

Moncler Revenue Slides 1% to €1.841 Billion in First Nine Months

Modaes

29 oct 2025 - 07:42

Adidas Profit Climbs 52% as Brand’s Popularity Fuels Growth Through September

Modaes

29 oct 2025 - 07:12

Desigual’s Fernanda Blasco on AI: “It’s Not a Threat, But an Ally”

Modaes

29 oct 2025 - 05:00

Munich Loses Ispo After 50 Years as the Sports Expo Heads to Amsterdam

Modaes

28 oct 2025 - 16:01

Spanish Brand Alohas Expands to the UK Market with London Flagship

Modaes

28 oct 2025 - 15:58

Amazon to Cut 30,000 Jobs, Marking Largest Workforce Reduction Since 2022

Modaes

28 oct 2025 - 08:46

VF’s Sales Plateau While Dickies Boosts Profitability in H1 Ahead of Exit

Modaes

28 oct 2025 - 08:39