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

Prada Restructures Versace Governance Post-Acquisition for $1.25 Billion. Bertelli Takes Helm as Chairman, Gintzburger Retains CEO Role, Creative Director Void Following Vitale’s Departure.

Amid escalating trade tensions, exports from Asia’s manufacturing titan to the U.S. have nosedived by 20%, shrinking their share from 14.5% in 2024 to a mere 11% of the total.

The Washington-based entity projects economic growth for Latin American powerhouses like Argentina, Colombia, and Mexico, defying a backdrop of political uncertainty throughout the region this year.

Spain will soon be home to an innovative EU-funded project featuring smart containers designed to gather used clothing, offering consumer incentives. The pilot, under the TexMat and Horizon Europe schemes, is also slated for testing in Finland.

The American luxury department store giant has finally filed for bankruptcy after months of debt struggles. The move aims to secure more leverage for a potential restructuring or sale.

The Italian fashion powerhouse, owned by OTB Group, has left its CEO position unfilled for two years, during which time Renzo Rosso, the conglomerate’s president, has spearheaded the brand. Diesel’s former CEO was Eraldo Poletto.

Giorgio Armani Corp. appoints Matteo Mascazzini as its new head for the Americas, effective immediately. Mascazzini, the former president of Gucci EMEA and CEO of Geox, steps into the role vacated by Izumi Sasano.

Italian luxury fashion house strengthens its leadership team by appointing Esther Hörmann as CEO for the European market. Hörmann brings two decades of experience from stints at Prada, Loewe, and Pronovias.

Achiles Ion Gabriel steps down as the creative lead of the footwear giant after a six-year tenure. His responsibilities will be taken over by an internal creative team, marking a new chapter for the brand.

The founding family emerges victorious in the bid to retain ownership of the e-commerce platform as it prepares to exit bankruptcy protection in Canada. The deal, pending legal and regulatory approval, is set to close on February 13th.

Spanish fashion powerhouse expands its European footprint, debuting at the country’s largest shopping center, Smáralind, with a 4,800-square-feet store dedicated entirely to its Woman line.

Italian fashion house concludes the year with record highs and robust growth across all regions. America accounted for 37% of sales, while Asia saw double-digit growth. The brand also boosted its production capacity with investments totaling $145 million.

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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

Versace Installs Lorenzo Bertelli as Executive Chairman in Revamped Board

Modaes

14 ene 2026 - 16:32

China Ends 2025 with Record $1.020 Trillion Trade Surplus Despite Tariff Challenges

Modaes

14 ene 2026 - 07:05

World Bank Forecasts 2.3% Growth for Latin America and the Caribbean in 2026, 2.6% in 2027

Modaes

14 ene 2026 - 06:56

European Union Trials Customer Clothing Recycling Incentives in Spain

Modaes

14 ene 2026 - 06:54

Saks Global Succumbs to Bankruptcy a Year Following Neiman Marcus Purchase

Modaes

14 ene 2026 - 06:52

Andrea Rigogliosi Steps in as Diesel’s New Chief Executive Officer

Modaes

14 ene 2026 - 06:50

Giorgio Armani Appoints Former Gucci Exec as CEO of Americas

Modaes

14 ene 2026 - 06:47

Valentino Appoints Ex-LVMH Leader to Head European Strategy

Modaes

13 ene 2026 - 13:57

Creative Shake-Up at Camper: Achilles Ion Gabriel Exits as Creative Director

Modaes

13 ene 2026 - 13:55

Ssense Stays Independent: Founders Retain Reins After Canadian Contest

Modaes

13 ene 2026 - 13:54

Mango Expands Nordic Presence with First Reykjavik Store Launch

Modaes

13 ene 2026 - 13:52

Brunello Cucinelli Surpasses Projections, Approaches €1.408B in 2025 Sales

Modaes

13 ene 2026 - 06:20