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

French conglomerate reports €32.807 billion in sales for the first nine months, solidifying its market stance following the Kering Beauty integration and reigniting rumors of a potential Armani deal.

Despite the dollar’s weakness, the fragrance company reported a robust quarterly revenue of €261.7 million at constant exchange rates, reaffirming its forecast of hitting €900 million by 2025.

Aiming to set up a commission to ensure regulation of the European market, including pre-owned items, the organization navigates Brussels’ attempts to shield businesses from heavy burdens.

In a bid to support broader corporate investments, the Swedish fashion powerhouse is aiming to secure €500 million via senior bonds. The retailer’s most recent market venture was at the close of 2023.

The American company is set to unveil a flagship store along with two standalone locations in London in the coming weeks, marking a strategic move in its relaunch plan focused on captivating the new generation.

French luxury giant faces employee backlash over cutback on remote work from two days to one, echoing a global trend among major corporations prioritizing in-office presence.

The Canadian company succumbs to global industry pressures as major groups across the board slash headcounts. The move follows the internalization of its distribution efforts aimed at cost-cutting.

As consumers grow increasingly hesitant to splurge on non-essential items, businesses are endeavoring to shield buyers from rising costs. In response, some have decided to build up stock reserves.

While there were no casualties, the financial toll, still being assessed, already reaches millions. This marks the third textile-related fire incident in less than a week.

In a bold move to tackle its soaring €9.439 billion debt, the French luxury conglomerate has inked a deal affecting renowned brands such as Creed, Gucci, Bottega Veneta, Balenciaga, and McQueen.

China’s economic engine kept humming in Q2 2025, slightly exceeding forecasts and inching closer to the government’s growth target of “around 5%.“

Optical behemoth achieves a ‘landmark quarter,‘ fueled by smart eyewear and AI advancements. Sales surged in the first nine months, with growth reported in every region and business unit.

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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

L’Oréal Sales Climb 1.2% with Strong Momentum in China and US Markets

Modaes

21 oct 2025 - 16:09

Interparfums Approaches €710 Million with Strong Support from Coach and Jimmy Choo

Modaes

21 oct 2025 - 15:48

EU Parliament Advocates for Expansion of Digital Passport to All Consumer Goods

Modaes

21 oct 2025 - 15:32

H&M Issues First Bonds in Two Years Following Robust Third Quarter

Modaes

21 oct 2025 - 07:43

Gap Makes a Bold Comeback in the UK Amid European Rebranding Efforts

Modaes

21 oct 2025 - 07:37

Kering Employees Strike in Italy, Demand More Remote Work Days

Modaes

21 oct 2025 - 07:33

Dsquared2 Tightens Belt: Luxury Downturn Leads to 40 Job Cuts

Modaes

20 oct 2025 - 16:29

Tariffs to Add $1.2 Trillion Cost Burden on Companies by 2025

Modaes

20 oct 2025 - 16:07

Textile Industry Hit by Massive Fire at Bangladesh’s Dhaka Airport

Modaes

20 oct 2025 - 15:55

L’Oréal Acquires Kering’s Beauty Division in €4 Billion Transaction

Modaes

20 oct 2025 - 07:33

China’s Economy Stays Resilient with 1.1% GDP Rise in Q3

Modaes

20 oct 2025 - 07:24

EssilorLuxottica Achieves Record Quarterly Growth, Reaching €20 Billion Sales by September

Modaes

20 oct 2025 - 07:12