Modaes

Redacción

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

Originally launched as a Zara outlet, the chain is expanding into the British market with a fresh look and its Home collection, eyeing new stores on Oxford Street and at Westfield London among four upcoming openings.

The company was hit by a database breach on Friday, marking the second incident since May, compromising customer names, contact details, and loyalty card information.

Danish retail giant Bestseller unveils its first physical store for its new brand at Salera Shopping Center, a spacious 3,500-square-feet location, with plans for further expansion in other Spanish cities such as Madrid, Zaragoza, Granada, and Vitoria.

Medellín played host to around 400 top executives and entrepreneurs from the fashion world last Thursday at the Colombia Fashion Summit, where the focus was on addressing the sector’s challenges with insights from leaders such as Vélez, Crystal, and Totto.

The Italian luxury powerhouse faces a downturn in sales amidst a broader demand crisis impacting the luxury sector, causing the group to miss its agreed sales-to-earnings ratio.

Dior, Vuitton, Bulgari, and Tiffany, under the French conglomerate, are expanding their footprint in the booming South Korean market, offering a stark contrast to the luxury slowdown in China and waning consumer strength in the U.S.

The recycling initiative, backed by over 30 stakeholders including brands, manufacturers, and recyclers, aims to reach an annual installed capacity of recycling 2.5 million tons by then.

The German footwear specialist has projected its outlook after nearly doubling its net earnings in the first nine months of the current fiscal year, reaching €254.4 million.

Shares of the Italian luxury powerhouse plummeted 17% yesterday following a Morpheus Research report that casts doubt on its operations in Russia and market valuation. Cucinelli has dismissed the allegations.

Fashion Revolution unveils its second report, scrutinizing the energy transition of 200 major industry players, which the organization cites as pivotal for sustainable progress.

With a boost from a 9% increase in its German operations, LuxExperience, the conglomerate behind Mytheresa, Net-a-Porter, and off-price platforms Yoox and The Outnet, closed the fiscal year with $2.75 billion in sales.

In a landmark five-year partnership, American next-gen materials leader partners with Indian textile titan to source Circ’s recycled fiber.

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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

Lefties Sets Sights on UK Market with Four New Stores by 2026

Modaes

29 sep 2025 - 07:26

Harrods Faces Second Cyber Breach, Compromising Data of 430,000 Customers

Modaes

29 sep 2025 - 07:21

Bestseller Debuts Balmohk’s First Brick-and-Mortar Store in Spain

Modaes

29 sep 2025 - 07:14

The Next Leap for Colombian Fashion: Building Brand, Story, and International Presence

P.R.D./ C.D.A.

29 sep 2025 - 05:00

Valentino in Talks with Creditors After Debt Covenant Breach

Modaes

28 sep 2025 - 19:28

LVMH Expands Global Footprint, Eyes South Korea Amid Downturn in China and US

Modaes

26 sep 2025 - 07:14

Rehubs Pushes Recycling Goals to 2032 Due to ‘Industry Constraints’

Modaes

26 sep 2025 - 07:09

Birkenstock Boosts Yearly Outlook, Aiming for Over $2 Billion in Revenue

Modaes

26 sep 2025 - 07:05

Brunello Cucinelli Shares Plummet Amid Allegations of Continued Russia Operations

Modaes

26 sep 2025 - 06:58

Emission Goals Missed: Just 29% of Fashion Leaders Reduce Impact

Modaes

25 sep 2025 - 17:50

LuxExperience Sees 6% Dip in Fiscal Year Sales, MyTheresa Stands Out with Growth

Modaes

25 sep 2025 - 17:16

Circ and Indian giant Arvind Seal the Deal with Purchase Commitment

Modaes

25 sep 2025 - 07:13