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

Fashion retail sales in the North American powerhouse soared to $28.255 billion in August, marking a 7.6% increase from the previous year and surpassing the already positive figures of July.

Fashion industry cyberattacks have surged over the past year, with projected costs for major conglomerates hitting $10.5 trillion by 2025, marking a 300% increase from 2015.

The new CEO of the French luxury group is looking to his roots for key appointments, bringing on Renault’s Thomas Cuntz as the newly created Head of Talent Development.

More than twenty European textile and garment organizations appeal to EU officials to combat the rapid growth of ultra-fast fashion platforms in the region.

The French fashion company is teaming up with the Chinese platform to co-create collections, aiming to boost its online revenue, which has struggled to exceed 5% of total sales in recent years.

The American company, cautious in its 2024 year-end forecasts, unveils a new roadmap through 2028 aiming for mid-single-digit annual growth while ensuring continuity.

The French luxury group has announced it fell victim to a cyberattack by Shiny Hunters, compromising Gucci customer data including names, addresses, and total spending.

Spanish Group Secures Agreement with U.S. Company for Textile Production, Setting Sights on $175 Million in Five Years After Closing Nextil’s Production Plants in Portugal.

In a deal sealed for a symbolic amount, Grupo PDC acquires Brazilian cosmetics maker, bolstered by a $22 million credit agreement.

Walmart-supported through Flipkart, the Indian online retail powerhouse ended its fiscal year in March, achieving an extraordinary profit growth of over seventeen times, reaching €52.8 million.

Joining the board of the American group is Jody Gerson, the Chairman and CEO of Universal Music Group, a major force in the global music industry known for its extensive control over worldwide production and distribution.

Faced with soaring inflation and escalating costs in Turkey, the U.S.-based fashion powerhouse behind The North Face and Vans has relocated up to 80% of its production to Asia.

51 52

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

August Sees 8% Boost in Fashion Sales, Maintaining Upward Trend

Modaes

17 sep 2025 - 06:58

Fashion’s Cybersecurity Target: A Year of Breaches at Adidas, Kering, and LVMH

Gema Dalia

17 sep 2025 - 05:00

Luca de Meo Taps Renault Executive for Kering’s New HR Director Role

Modaes

16 sep 2025 - 16:08

European Textile Sector Takes a Stand in Paris Against Ultra-Fast Fashion Demands

Modaes

16 sep 2025 - 16:01

Shein and Pimkie Join Forces to Enhance E-commerce with Collaborative Efforts

Irene Juárez

16 sep 2025 - 15:51

Ralph Lauren Unveils Three-Year Strategy: Consistent Focus with Modest Growth

Modaes

16 sep 2025 - 15:42

Kering Acknowledges Gucci Data Theft in Last June Cyber Incident

Modaes

16 sep 2025 - 07:45

Maxum Joins Forces with Nextil in Guatemala, Aiming for $175 Million Business in Five Years

Modaes

16 sep 2025 - 07:39

Brazilian Natura Finalizes Agreement to Offload Avon in Central America

Modaes

16 sep 2025 - 07:18

Myntra Sees Profit Skyrocket Beyond $50 Million During Fashion Frenzy in India

Modaes

16 sep 2025 - 07:10

Gap Enlists Universal Music Leader to Strengthen Board During Brand Transformation

Modaes

16 sep 2025 - 07:02

VF Corporation Transitions Supply Chain from Turkey to Vietnam Due to Inflation

Modaes

15 sep 2025 - 14:43