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

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.

The Italian group stakes its claim in Shanghai’s famed Jing’an district, with a new headquarters that doubles its previous size, marking a milestone in strategic market growth.

Luca de Meo’s inaugural move as CEO of the French conglomerate may involve selling off the company’s beauty division to chip away at its staggering $11 billion debt.

Authorities notified the UK-based online retail group earlier this year of a potential payment deficit reaching tens of millions of euros; however, the company remains optimistic about lowering the final amount.

The iconic French department store chain, a beacon of European retail, is set to make its debut in India this November. Partnering with Aditya Birla Fashion, they will unveil a sprawling 90,000 square-foot space.

The American cosmetics distribution giant reshuffles its leadership team once more, following two appointments over the summer. Chris Lialios steps down, returning to his role as the company’s senior vice president.

The designer, a notable recruit of Jean-Louis Dumas who arrived at the company from Cerruti, is set to unveil her final collection this January. The luxury group has yet to announce her successor.

The jewelry brand’s logistics head boasts a diversified supply chain strategy, minimizing geopolitical dependence. With operations centered around a single logistics hub, the model is replicated across other locations.

Bringing 23 years of experience, the executive will take charge of the Giorgio Armani-powered collective within a framework established by the Foundation to preserve the designer’s heritage. His role commences immediately.

Amid growing calls for action, Italy proposes a bill aiming to curb ultra-fast fashion’s rise by introducing supplementary taxes, aligning with the demands of domestic advocacy groups.

The National Retail Federation, the world’s largest retail association, projects that by the end of the year, returned goods will amount to $849.9 billion, representing 15.8% of global sector sales.

In Dhaka, a chemical explosion at a factory on Tuesday led to a deadly spread into an adjoining warehouse, with sixteen workers losing their lives. Investigations continue as the owners of the facilities have yet to be identified.

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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

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

Modaes

20 oct 2025 - 07:12

OTB Unveils Its New Shanghai Headquarters as Part of Global Expansion

Modaes

20 oct 2025 - 07:05

L’Oréal in Talks to Acquire Kering’s Beauty Division for $4 Billion

Modaes

19 oct 2025 - 18:32

Asos Under Scrutiny by German Authorities Over Unpaid Customs Duties

Modaes

19 oct 2025 - 18:03

Galeries Lafayette Expands Footprint in India with New Mumbai Store

Modaes

17 oct 2025 - 14:50

Ulta Beauty Appoints Christopher DelOrefice to Lead Financial Strategy

Modaes

17 oct 2025 - 07:17

End of an Era: Hermès Parts Ways with Veteran Men’s Creative Director

Modaes

17 oct 2025 - 06:50

Tous’s Valldeperas on Strategy: “Balance is Key, Not Overstocking or High Tariffs”

Irene Juárez

17 oct 2025 - 05:00

Giorgio Armani Appoints Giuseppe Marsocci as CEO Following Designer’s Passing

Modaes

16 oct 2025 - 14:53

Italy Mirrors France’s Step with Ultra-Fast Fashion Tax Initiative

Modaes

16 oct 2025 - 14:52

The Price of Returns: $850B Merchandise Back in 2025

Modaes

16 oct 2025 - 07:34

Bangladesh Factory Fire: 16 Dead in Latest Industrial Tragedy

Modaes

16 oct 2025 - 07:27