
The Spanish label, bought by Tendam in late 2019, will be available at 20 Cortefiel and Pedro del Hierro stores from March 1. With Alejandra Valero in charge of design, it is aiming to generate 50% of its sales online.
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The Spanish label, bought by Tendam in late 2019, will be available at 20 Cortefiel and Pedro del Hierro stores from March 1. With Alejandra Valero in charge of design, it is aiming to generate 50% of its sales online.
Closures and restrictions implemented to combat the second wave of the Covid-19 pandemic led the Spanish group's sales to fall to 197.2 million euros in the third quarter running September to November 2020.
The Spanish retail group behind clothing brands Cortefiel and Women’Secret has announced plans to rival online marketplaces like Zalando and Asos with the launch of third-party brands across its e-commerce stores.
The Spanish owner of fashion brands including Cortefiel and Springfield said like-for-like growth across all brands and a strong fourth quarter helped deliver the sales increase.
Looks like it’s full steam ahead for the Spanish group after posting a 3.6% increase in third quarter sales. The results follow the acquisition of Hoss, Hoss Intropia and Intropia at the end of 2019.
After years of reconnaissance, China's retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers' fees to attract vendors but has had mixed results.
The former Debenhams boss, who quit his role in April following a boardroom battle with Sports Direct, is joining Hamburg-based fashion group Otto as executive board member, brands and retail.
The retail group, owner of Cortefiel, Springfield and Women’s Secret, has bought Spanish fashion label Intropia that in November 2018 went into liquidation. The value of the transaction has not been disclosed.
Sales for the three months ended May rose to €218.9 million, while revenues dropped 1.1% due to bad weather in April and the calendar effect of Easter.
The Spanish retail group said pre-tax profits soared almost fourfold in 2018 despite facing adverse weather conditions and geopolitical instability. Group revenues grew to €1.15 billion.