Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
Zara-owner Inditex, the world’s largest fashion retailer, appointed a mix of new and familiar faces to top management positions this week. The shakeup comes at a pivotal moment for the Spanish giant.
Amancio Ortega, Europe's richest man and founder of retailer Inditex, had commercial property assets worth nearly $11 billion at the end of 2018.
Even a more generous dividend policy unveiled Wednesday failed to stem the decline, showing the Spanish giant is not immune to the retail malaise that has burdened rival H&M.
Amancio Ortega, founder of Zara parent Inditex S.A., is $2.2 billion behind the Microsoft Corp. co-founder with a net worth of $83.3 billion, according to the Bloomberg Billionaires Index.
The purchase marks another step in the famously-reclusive billionaire' s strategy to build a property empire through Pontegadea Inmobiliaria, one of the biggest property companies in Spain, and his holding company Pontegadea Inversiones.
The purchase marks another step in the famously-reclusive billionaire' s strategy to build a property empire through Pontegadea Inmobiliaria, one of the biggest property companies in Spain, and his holding company Pontegadea Inversiones.
Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Amancio Ortega, who transformed clothing group Inditex into Spain's biggest company, overtook Bill Gates on Friday to become the world's richest man.
Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.
Inditex SA said first-quarter profit jumped 28 percent, the fastest growth pace in more than two years as the Zara owner opened more stores and benefited from the weak euro.
MEXICO CITY, Mexico — Carlos Slim, following the lead of fellow billionaire Amancio Ortega, is freshening up his Sears outlets in Mexico with an
MADRID, Spain — Spanish fashion retailer Inditex, which owns Zara stores, says its net profit fell by 7.3 percent in the first quarter as a strong
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.