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

The American sports equipment giant is sharpening its business focus by strengthening leadership in a pivotal division and market. A senior advisor has also been appointed to hone the brand’s aesthetic sensibilities.

The American company has welcomed Cesar Conde, President of NBC Universal News Group, to its board of directors. This move marks the beginning of a new strategy aimed at paving the way for ‘value creation.‘

France’s Minister of Ecological Transition has called on the French recycling body to explore ways to impose penalties on major players like Shein and Temu. Refashion has a six-day deadline to submit its proposal.

Spanish designer brand under the helm of Adriana Domínguez closes the first nine months of the fiscal year with a revenue of €93.3 million, marking a 2.5% increase.

The fashion and sports equipment giant is set to oversee retail operations across seven additional countries. This move boosts its footprint to 500 outlets in 12 nations, with revenues nearing €1 billion.

A year and three months into its stewardship of Topshop, Bestseller marks a new chapter in Europe. The iconic British label debuts its own online store, aiming to strengthen direct-to-consumer sales and broaden its digital reach beyond Asos.

Aiming to blend fashion with entertainment, the U.S. company is debuting a fashiontainment sector, targeting industries like film, music, video games, and sports. Their new hub will be located on Sunset Boulevard, Los Angeles.

In a move to stabilize operations and address outstanding debt, a judge has greenlit a preliminary capital injection. This is a segment of a comprehensive $1.75 billion initiative, earmarked for supplier and employee payments.

In the midst of the holiday season, the group has accelerated in December, bolstering the start of the fiscal year. The company reported a 4.3% increase in revenue at constant exchange rates, improved its gross margin, and added a net 51 stores.

Spain’s fashion, fragrance, and cosmetics giant joins the growing list of creditors for Saks, standing alongside industry heavyweights such as Kering, LVMH, Richemont, Christian Louboutin, Giorgio Armani, and Zegna.

The American brand, established by the Uruguayan designer who shares its name, has announced a leadership shakeup with the elevation of its wholesale sales director since 2016, taking over from CEO Thierry Colin to spearhead the company’s expansion plans.

The new CEO of Spain’s premier retail giant rolls out a €650 million initiative focused on bolstering group operations and investments for the 2026-2027 fiscal year, launching next March.

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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

Under Armour Strengthens Executive Ranks, Names Product Leader and Americas President

Modaes

16 ene 2026 - 07:57

Ralph Lauren Ventures into Entertainment: Taps Universal Talent for Board

Modaes

16 ene 2026 - 07:52

French Government Urges Refashion to Penalize Ultra Fast Fashion Practices

Modaes

16 ene 2026 - 07:49

Adolfo Domínguez Slashes Losses by 19% with Record-Breaking Sales from March to November

Modaes

16 ene 2026 - 07:47

Intersport Expands Footprint: Austria Takes Over Slovenian Operations

Modaes

16 ene 2026 - 07:44

Bestseller Powers Topshop’s European Revival with New Web Presence in 23 Countries

Modaes

16 ene 2026 - 07:42

Gap Expands Beyond Fashion with Paramount’s Leadership in Entertainment

Modaes

15 ene 2026 - 17:06

Saks Secures $400 Million Initial Rescue Approval from Court

Modaes

15 ene 2026 - 17:04

Pepco Kicks Off Q1 with 4.3% Growth, Boosted Margins, and Strategic Expansion

Modaes

15 ene 2026 - 16:53

Puig Seeks $12 Million from Saks Amid Bankruptcy Proceedings

Modaes

15 ene 2026 - 07:49

Gabriela Hearst Elevates Michele Cohen to Brand President

Modaes

15 ene 2026 - 07:46

El Corte Inglés Appoints Cristina Álvarez as President, Eyes Retail Growth and Debt Management

Modaes

15 ene 2026 - 07:40