Lindex improved in Q3 and owner Stockmann is mulling strategic alternatives for the chain, but the firm's department stores remain a challenge, although strategy tweaks focused on fashion, beauty and home are under way.
John Galliano has renewed his contract as creative director of the house of Maison Margiela, in a vote of confidence in the controversial British designer by the brand's owner, Italian billionaire Renzo Rosso.
Genesco-owned UK footwear retailer Schuh has released its latest set of results and they were dominated by the tough retail market, with falling sales and profit turning to losses, even though online turnover rose.
Piper Jaffray has downgraded New York-based cosmetics company Estée Lauder from overweight to neutral, citing the changing beauty habits of teenagers, who are opting for more minimal makeup looks and one-stop products.
German consumer goods firm Beiersdorf reported a fall in sales of adhesives to the auto industry in the third quarter but new products boosted its skin care business which held up better than expected.
The 2020 European Green Capital wants to become a leading hub for sustainability in the South of Europe. ModaLisboa invited experts to talk about the industry’s progress and challenges in its latest edition.