headlines
Inditex's growth strategy: Efficiency, profitability, and responsible expansion
On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Business
Italy's Cucinelli posts 39% jump in 2023 EBIT, confirms guidance
Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4% last year and it confirmed its expectations for sales growth of around 10% in 2024.
Luxury
Business
Ecoalf, led by sustainability, targets €150 million annual revenues
A decade ago, sustainability in fashion meant a flimsy PR release about not being fast fashion. Now, a brand like Ecoalf can create a whole environmentally friendly eco-system and turn it into a proper business model.
Fashion
Business
Zara owner Inditex's profit rises 30% to 5.4 billion euros in 2023 on bet on upmarket fashion and competitive prices
Zara owner Inditex said on Wednesday its net income for 2023 rose by 30% to 5.4 billion euros ($5.9 billion) as the fast-fashion giant bet on upmarket shoppers and offered more competitive prices than rivals such as H&M.
Fashion
Business
Adidas posts first loss in 30 years and warns on US
German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in North America would fall again as sportswear retailers in the U.S. struggle with high inventories.
Fashion
Business
The latest news
headlines
Inditex's growth strategy: Efficiency, profitability, and responsible expansion
On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Business
Italy's Cucinelli posts 39% jump in 2023 EBIT, confirms guidance
Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4% last year and it confirmed its expectations for sales growth of around 10% in 2024.
Luxury
Business
Ecoalf, led by sustainability, targets €150 million annual revenues
A decade ago, sustainability in fashion meant a flimsy PR release about not being fast fashion. Now, a brand like Ecoalf can create a whole environmentally friendly eco-system and turn it into a proper business model.
Fashion
Business
Zara owner Inditex's profit rises 30% to 5.4 billion euros in 2023 on bet on upmarket fashion and competitive prices
Zara owner Inditex said on Wednesday its net income for 2023 rose by 30% to 5.4 billion euros ($5.9 billion) as the fast-fashion giant bet on upmarket shoppers and offered more competitive prices than rivals such as H&M.
Fashion
Business
Adidas posts first loss in 30 years and warns on US
German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in North America would fall again as sportswear retailers in the U.S. struggle with high inventories.
Fashion
Business
Business
Dhartii raises $125,000 in pre-seed funding round from Swiss Family Fund, Gain Capital AG
Dhartii, an e-commerce platform dedicated to sustainable fashion has raised $125,000 (Rs 1 crore) in its pre-seed funding round from Swiss Family Fund, Gain Capital AG.
Fashion
Business
Inditex's growth strategy: Efficiency, profitability, and responsible expansion
On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Business
Meghan Markle launches new lifestyle brand
Meghan Markle, the wife of Britain's Prince Harry, is launching a new lifestyle brand seemingly named after the couple's oceanside California home.
Lifestyle
Business
Safilo posts 76% drop in FY net profit on higher revaluations
Safilo said on Thursday its full-year adjusted net result dropped by 76%, due to the accounting effect of the valuations of options of non-controlling interests, as well as higher financial charges.
Fashion
Business
Trade shows
GJEPC launches ninth Rough Gemstone Sourcing Show in Jaipur
The Gem and Jewellery Export Promotion Council launched the ninth edition of the Rough Gemstone Sourcing Show in Jaipur to showcase a wide range of emeralds from Kagem Mining Limited in Zambia.
Luxury
Industry
Shanghai’s big textile trade shows open on cautiously optimistic note
The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows
India's gem and jewellery industry gathers at Pune UGJIS
India's gem and jewellery industry gathered in Pune for the eleventh edition of the city’s Unique Gems and Jewellery International Show featuring exhibitor booths and networking sessions.
Luxury
Trade shows
ColossusTex expands textile product portfolio with 'Graphene Yarn'
Textile supply chain business ColossusTex has expanded its offering by launching ‘Graphene Yarn’ as an anti-bacterial, sustainable, and health-oriented textile.
Fashion
Industry