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News

modaes.com
modaes.com > global > companies > loewe-hires-puigs-head-of-data-and-artificial-intelligence

Loewe Names Puig???s Data and Artificial Intelligence Chief

4+ day, 2+ hour ago   (574+ words) Mariola Lobato is set to become the new global head of data and AI at LVMH’s Spanish luxury company on Sept. 17, succeeding Andrés Vegas. She joins the business from a Spanish fragrance group. Loewe Strengthens Its Artificial Intelligence (AI) Capabilities…...

modaes.com
modaes.com > global > companies > raymond-lifestyle-is-reducing-its-reliance-on-the-us-and-increasing-europes-share-of-its-exports-to-25

Raymond Lifestyle Lessens US Reliance, Elevates Europe to 25% Export Share

1+ mon, 1+ day ago   (320+ words) Amidst a shifting trade landscape, the Indian fashion producer aims to decrease its US export weight by 10% and increase Europe’s by 8% over two years as it taps into fresh access to the UK and EU markets. 11 ago 2026 - 08:32 Indian fashion exports…...

modaes.com
modaes.com > global > companies > shein-reports-s99-million-loss-in-the-first-quarter-due-to-us-tariffs

Shein Reports $99 Million Loss in Q1 Amid U.S. Tariff Challenges

1+ mon, 2+ week ago   (867+ words) The draft prospectus for the Chinese company’s IPO unveils, for the first time, the executive leadership structure of the ultra fast fashion giant founded in 2012, alongside its ownership and financial performance details. 27 jul 2026 - 09:02 Shein posts a loss in the first…...

modaes.com
modaes.com > global > companies > deckers-exceeds-1-billion-in-sales-in-the-first-quarter-but-sees-profits-shrink

Deckers Hits Over $1 Billion in Q1 Revenue Despite Profit Decline

1+ mon, 2+ week ago   (675+ words) It's in the news The American giant, known for brands like Hoka and Ugg, posts a 5.7% sales increase at the start of the fiscal year, continuing the slowdown observed at the end of 2025 following years of rapid growth. 24 jul 2026 - 08:28 Deckers…...

modaes.com
modaes.com > global > companies > chanel-expands-its-portfolio-into-cashmere-with-another-investment-in-the-historic-todd-amp-duncan

Chanel Expands Its Cashmere Empire with New Stake in Iconic Todd & Duncan

2+ mon, 6+ day ago   (585+ words) It's in the news The French firm expanded its portfolio in 2025 by acquiring a 40% share in Barrie Knitwear, a Scottish company renowned for its 160-year legacy in cashmere yarn production. 6 jul 2026 - 09:12 Chanel Expands Its Cashmere Network. Last year, the French…...

modaes.com
modaes.com > global > companies > nike-rounds-out-2025-amid-a-major-transformation-sales-remain-flat-but-profit-falls-3

Nike Navigates 2025 Transformation: Sales Hold Steady, Profits Dip 3%

2+ mon, 1+ week ago   (986+ words) It's in the news The American sports equipment giant faces a sales slump in China and digital markets, seeking solace in its home turf and wholesale channels. Currency fluctuations soften the blow for the Elliott Hill-led group. 1 jul 2026 - 08:54 Nike neither…...

modaes.com
modaes.com > global > companies > hugo-boss-continues-to-suffer-the-group-halves-its-first-quarter-profit

Hugo Boss Struggles Persist: First Quarter Sees 50% Drop in Profits

3+ mon, 1+ week ago   (578+ words) It's in the news Amid a comprehensive brand overhaul and restructuring plan launched in 2025, the German men’s fashion group sees a near 10% sales decline in the opening quarter of the ongoing fiscal year. 5 jun 2026 - 08:54 Hugo Boss continues to decline. The…...

modaes.com
modaes.com > global > companies > lululemon-renews-its-board-of-directors-to-appease-company-protests

Lululemon Reorganizes Board to Address Employee Discontent

3+ mon, 2+ week ago   (562+ words) It's in the news Canadian athletic apparel brand strengthens its leadership team by adding Laura Gentile from ESPN and Marc Maurer from On Holding to its board, following a strategic collaboration spearheaded by founder Chip Wilson. 28 may 2026 - 13:20 Peace agreement at…...

modaes.com
modaes.com > global > companies > lululemon-lands-in-greece-with-its-first-two-stores-in-athens

Lululemon Expands European Presence with Dual Store Debut in Athens

3+ mon, 2+ week ago   (675+ words) It's in the news The Canadian fashion and athletic gear company is set to enter the country through a franchising deal with Arion Retail Group. Expansion plans also highlight Romania, Austria, and India. 27 may 2026 - 08:14 Lululemon docks in Greece. The Canadian…...

modaes.com
modaes.com > global > companies > puig-and-estee-lauder-fail-to-merge-to-create-another-perfumery-giant

Puig and Estée Lauder Merger Falls Through

3+ mon, 3+ week ago   (498+ words) It's in the news Spanish powerhouse Puig and its American counterpart have announced the conclusion of merger talks, falling short of an agreement. Puig remains committed to its roadmap, focusing on growth through strategic acquisitions. 21 may 2026 - 21:30 Puig and The Estée…...