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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

After rescheduling due to the Formula 1, Madrid’s fashion fair wraps up its September edition with a surge in attendance and a 25% increase in international visitors. The next event is slated for February 2026.

Amidst a contentious fireworks display in Tibet, the Finnish group’s company is drawing attention from Chinese authorities and stirring widespread reactions across social media.

In a bid to ease its debt burden, the luxury retailer is on the lookout for an investor to acquire 49% of Bergdorf Goodman, valued at $1 billion, following its recent Neiman Marcus acquisition.

With the latest wage hike, fashion industry employees will see their minimum pay rise to $210, still below the $232 sought by unions, affecting almost a million workers in the country.

With 2,000 signatures collected, the British association of fashion model agents is calling on the government to protect models from AI image usage by brands, a move that sends ripples through the fashion sector.

In a strategic move, the French group appoints Vania Lacascade as global brand president of Lancôme, focusing on driving innovation, personalization, and building emotional connections with consumers.

Between 2025 and 2026, the nation is set to import 1.76 million tons of cotton. On the export front, Brazil leads the charge, followed by the United States and Australia. Despite tariffs, China’s stance remains firm.

The UK’s fashion retail sector saw a record-breaking surge in August, marking the highest growth since June 2023, driven by a 7.8% rise in apparel sales.

The Finnish company, having already recorded nearly a 30% increase in sales during the first half, raises its full-year forecast again, with the outdoor sector driving significant growth for the group.

From 2019 to 2023, the global luxury market witnessed double-digit CAGR, bouncing back from the pandemic, though this momentum hasn’t continued in the following years.

The Italian fashion retail giant has wrapped up the first half of the fiscal year with a 4.1% boost in revenue and a staggering 31.7% surge in profits, marking the best period in its history.

The fashion distribution giant has reported a profit of 1.375 billion pounds ($1.876 billion) in the first half of the year and is forecasting a 7.5% sales growth for the full fiscal year.

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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

Momad Closes September Show with 11% Increase in Attendance

Modaes

23 sep 2025 - 07:32

Amer Sports Under Scrutiny: Arc’teryx Faces Environmental Impact Investigation

Modaes

22 sep 2025 - 15:34

Saks Global Plans $1 Billion Stake Sale in Bergdorf Goodman

Modaes

22 sep 2025 - 07:13

Cambodia Sets Modest 1% Minimum Wage Hike as New Policy Takes Effect

Modaes

22 sep 2025 - 07:10

British Fashion Industry Demands Tighter AI Controls to Protect Models

Modaes

22 sep 2025 - 07:06

L’Oréal Elevates Ex-Innovation Head to Lancôme Leadership

Modaes

19 sep 2025 - 07:28

Leading the Charge: Bangladesh’s Dominance in Cotton Imports

Modaes

19 sep 2025 - 07:19

August Boom: UK Fashion Sales Hit Record 6% Increase

Modaes

19 sep 2025 - 07:18

Amer Sports Raises 2025 Projections on Strong Performance from Salomon and Arc’teryx

Modaes

19 sep 2025 - 07:09

Luxury Industry Sales Climb More Than 10% from 2019, Deloitte Study Finds

Modaes

18 sep 2025 - 14:18

OVS Posts Record-Breaking First Half: €793 Million in Revenue, €45 Million Profit

Modaes

18 sep 2025 - 14:10

Next Rises: British Retailer Sees 12.5% Profit Increase in First Half

Modaes

18 sep 2025 - 14:03