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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 German conglomerate has restructured its direct-to-consumer units into distinct online and global segments, relieving the former vice president of both. An announcement is expected soon on who will take the helm of the digital division.

The American department store giant is set to slash approximately 8% of its office workforce, impacting 22,000 employees. Market insiders point to its ongoing struggle to boost sales and profitability.

Irish fast fashion powerhouse opens its flagship store in partnership with Alshaya Group, following their 2024 strategic alliance. Upcoming launches are slated for Dubai and New York.

With just a quarter left in its fiscal year, the Italian luxury brand hits €695 million in sales. Direct stores are eclipsing wholesale channels, as the Asian market struggles to keep pace.

The Hong Kong-listed Italian group has experienced a slowdown in growth driven by currency shifts. Despite this, the company achieved a steady 9% growth at constant exchange rates through September, consistent with its first-half results.

The Italian luxury conglomerate continues to post declining quarterly results, primarily driven by Thom Browne’s performance, with sales plummeting 19% in the first nine months of the year.

With 23 editions under its belt, the Paris-based exhibition focusing on apparel and manufacturing joins forces with Première Vision Paris, enhancing the international spotlight on French craftsmanship and the ‘Made in France’ label.

The German cosmetics giant, known for brands like Nivea and Eucerin, has adjusted its consumer segment growth forecasts down by 1.5% for the year, citing tariff pressures as a contributing factor.

Fashion retail titan is set to complete construction of its second logistics hub in Zaragoza by next June, backed by a €600 million investment and adding 1,500 jobs.

Following a successful showroom at Riyadh Fashion Week, Milan’s fashion fair has formed a partnership with Saudi Arabia, granting Saudi designers access to international platforms.

French fashion powerhouse posts €295M revenue, defying Asian downturn with firm footing in France. Staying committed to its full-price strategy, the brand cuts back on discounts.

In response to declining performance, the French group implements a decisive turnaround plan at its UK operations, targeting a return to profitability over the next three years by reducing the London office staff by 33%.

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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

Puma Restructures DTC Operations, Appoints Ronald Reijmers as Global VP

Modaes

24 oct 2025 - 07:28

Target Announces 1,800 Job Cuts Following Consecutive Earnings Dip

Modaes

24 oct 2025 - 07:04

Primark Makes Middle East Debut Through Franchise Partnership with Alshaya Group

Modaes

23 oct 2025 - 15:43

Ferragamo Faces Luxury Market Downturn: Reports 6.6% Sales Dip in First Nine Months

Modaes

23 oct 2025 - 15:29

Prada Sustains Momentum with 6% Growth Through Q3

Modaes

23 oct 2025 - 15:21

Zegna’s Growth Halts in Q3, Sales Dip 2.3% in Nine-Month Span

Modaes

23 oct 2025 - 15:12

Première Vision Integrates Made in France PV to Bolster Parisian Presence

Modaes

23 oct 2025 - 15:07

Beiersdorf Revises Projections Following Skincare Market Deceleration

Modaes

23 oct 2025 - 08:07

Inditex Sets 2026 Completion Date for New Distribution Center

Modaes

23 oct 2025 - 07:47

Saudi Fashion Goes Global: White Milano Forms Strategic Alliance with Riyadh

Modaes

23 oct 2025 - 07:35

SMCP Reports 2.5% Sales Growth in Q3, Fueled by Strong Performance in Americas and EMEA

Modaes

23 oct 2025 - 07:18

Kering Ushers in a New Era: Strategic Overhaul and Layoffs at Alexander McQueen

Modaes

23 oct 2025 - 07:10