Modaes Global | Fashion business news

Coty Moves Forward with Restructuring: President and CEO Step Down

JAB Holding, the powerhouse behind the American beauty company, initiates a strategic overhaul of its executive suite amid declining performance and increasing competition.

The designer has revealed his departure from the men’s label after a three-year tenure, following a runway show in Paris scheduled for January 2025. His exit aligns with Smcp’s ongoing sales process, the conglomerate behind both Sandro and Maje.

EU Bids Farewell to ‘De Minimis’ in July: €3 Flat Fee on Small Shipments Enforced

Starting next July, the European Union Council will levy a €3 charge on e-commerce parcels valued below €150, in a bid to combat “unfair competition” through this temporary measure.

Ikks Saved from Bankruptcy as HoldIkks Chief and Veepee Co-Founder Intervene

Ikks Acquisition by Cucci and Benabou Gets Court Nod: A strategic plan that secures 546 jobs, retains 219 retail locations, and introduces a €16 million capital infusion.

Nude Project’s International Expansion Continues with Berlin Opening

The ambitious global expansion of Álex Benlloch and Bruno Casanovas’ venture has seen them penetrate the German market with a May pop-up and launch a flagship store in Amsterdam in April.

Mango’s CEO on 2023 and How a Challenging Year Became One for the History Books

On the first anniversary of Mango founder Isak Andic’s death, Toni Ruiz releases a letter highlighting the company’s growth and progress over the last fiscal year.

The shares of the Galician fashion distribution giant have risen this Friday by 1.85%, to 56.1 euros per share. So far this year, the shares of the owner of Zara have appreciated by 12%.

Destination XL and FullBeauty Join Forces, Creating a $1.2 Billion Plus-Size Fashion Leader

Two dominant players in the U.S. plus-size market have agreed to consolidate their businesses, forming a powerhouse expected to reach $1.2 billion in sales.

Shein Faces New Hurdles as Italian Senate Proposes ‘De Minimis’ Measures Before EU

Italy does not want to wait for the European Union. Fratelli d’Italia, the majority party in government, has introduced a proposal in the Italian Senate to charge a two-euro fee on all ecommerce micro-shipments.

Canadian athletic wear company set to part ways with CEO Calvin McDonald in 2026. The company posted a 7% increase in revenue for the third quarter, though net profit fell by 12.8%.

With the latest addition to its brick-and-mortar fleet, Paloma Lanna’s Barcelona-based brand sets its sights on London, marking its third permanent storefront globally after New York and Barcelona, as it continues its World Tour of international pop-up events.

With a textile and footwear industry exporting over €6 billion, Portugal aims to strengthen its creative footprint. ModaLisboa is orchestrating this leap as the nation reevaluates its role in the value chain amidst ongoing labor reforms.

For more than three decades, Eduarda Abbondanza has used ModaLisboa to link Lisbon’s designers with Portugal’s industrial base and push “made in Portugal” beyond manufacturing, toward brands and design-led value.

Revamping the fashion scene for 2026, Ifema announces Momad’s debut summer edition, July 23th-25th, aiming for a more cohesive collaboration with MBFW Madrid to boost its global presence and qualitative stature.

Faced with trade imbalances, Mexico plans to introduce tariffs between 5% and 50% on over 1,400 imports from Asian countries absent a trade deal, with China expected to bear the brunt alongside South Korea, India, Vietnam, and Thailand.

Aggarwal is set to exit the Austrian firm due to personal reasons, effective January 31st, 2026. The leading global producer of cellulosic fibers is reshuffling its board of directors.

The company, which reported nearly $4 billion in revenue in its latest results, has welcomed a seasoned Spanish executive with a rich history at industry giants like Inditex, Primark, and Esprit.

The French sportswear distribution titan launches its inaugural store in the nation, marking a significant step forward following its celebrated return to Argentina. Turning away from Russia and China, the company shifts focus to burgeoning markets.

The Madrid streetwear sensation has made its mark in Soho with a temporary store, a strategic move as it hunts for a permanent foothold in London’s competitive retail market.

The Spanish company advances its U.S. growth by opening in Illinois, marking its 60th store in the country and aiming to make the United States one of its top three markets.

Italian powerhouse forecasts an 11% to 12% revenue surge at constant exchange rates by year’s end, eyes another 10% growth by 2026, and announces a share buyback program for up to 100,000 shares.

EU regulators are ramping up scrutiny on duty-free ecommerce packages as complaints from European companies against Temu and Shein for unfair competition practices rise.

Following months of dormancy in foreign markets, the specialized fashion and home goods company is making a bold European entry through the acquisition of NKD Group, a chain with a footprint of more than 2,000 stores in seven nations.

Italian holding company, known for brands like Kappa, K-Way, and Superga, is revamping its presence in Madrid and preparing for a dual opening in San Sebastián. “Our aim is to establish stores across Spain,“ says co-CEO Alessandro Boglione.

As international fashion turns its gaze to the slopes, 2025 sees a rise in ski-themed collaborations. The 2023-2024 ski season drew 366 million skiers globally, tapping into fresh demographics.

The emerging generation of consumers is shifting the paradigms of fashion, compelling brands to enhance agility and integrate talent that resonates with their language.

As the year progresses, the Latin American partner of global brands readies to unveil new storefronts in Panama, Colombia, Venezuela, and Peru, spotlighting labels like Adidas, Bath & Body Works, and American Eagle.

Four years after making a €130 million investment in the company, the fund exits by selling its 40% stake to CEO Tommaso Maria Andorlini, marking a new chapter in the luxury e-commerce landscape.

In a move to boost its market standing, Inditex’s quiet achiever—known for its budget-friendly offerings—is opening an outlet in Madrid, in line with the group’s overall concept strategy.

Marking a significant leap in their partnership that kicked off in early 2025, Google and Warby Parker have announced their groundbreaking AI-powered glasses will hit the market in 2026, revealing their first public launch timeline.

More news

Special series

Mergers & Acquisitions

The Leadership Shuffle

Global Fashion Giants

Profiles

Bernard Arnault

President and CEO of LVMH

Luca de Meo

CEO of Kering

Óscar García Maceiras

CEO of Inditex

Nicolas Bos

CEO of Richemont

Richard Dickson

CEO of GAP

Elliott Hill

CEO of Nike

View all profiles

Look

Salsa Jeans Unleashes Festive Pet Collection with Denim Chic

The Elegant Visionary: Brunello’s Life Documentary Debuts in Theaters

In a captivating documentary, Italian fashion luminary Brunello Cucinelli is celebrated, offering an introspective journey through his life’s philosophy and professional milestones, enriched with archival treasures and personal reflections.

Loewe Surfs Into the Holidays with a Palm Beach Christmas Tree Display

LVMH’s luxury brand kicks off Florida’s festive season with a unique twist on British artist Louis Wain’s work, unveiling a capsule collection of bags and prêt-à-porter.

Louis Vuitton Speeds Ahead as Title Sponsor of Monaco Grand Prix

Since inking a ten-year sponsorship deal in 2021, LVMH’s esteemed label has been crafting the travel case for the championship trophy, solidifying its motorsport legacy.

View all articles

Leadership Shakeup at Coupang as CEO Resigns After Data Leak

Turkey and GFA Join Forces to Innovate Post-Industrial Textile Recycling System

Denim Première Vision Sees Significant Growth at Seventh Edition with Over 2,300 Attendees

Berlin’s Fashion Landscape Shifts: Fashion Week Takes Center Stage Without Premium and Seek

Chinese Inflation Hits 0.7% in November, Setting a New 21-Month Record

New Era Partners with Experience Group to Launch Thirty Stores Across Spain in One Year

Fewer but Fantastic: Inditex Elevates Shopping Experience with New Store Concepts

China’s Historic Leap: Trade Surplus Exceeds $1 Trillion for the First Time

G-III Exceeds Projections During the End of Calvin Klein and Tommy Hilfiger Licensing Deals

Caleres Experiences Third Quarter Decline Post Stuart Weitzman Purchase

Leadership Shift at Marc Cain: Founder Steps Down, Former Marc O’Polo Exec Steps Up

Blue Banana Steps into Fragrance: Collaborates with The Fragrance Force for New Collection