Articles by Jaime Martinez
Puig fails to meet targets and delays the purchase of Charlotte Tilbury
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Is Puig failing to meet the objectives it set for its IPO? It seems that, at this moment, this could be the case. The Spanish multinational fashion and beauty company announced it was delaying its acquisition of a minority stake in the cosmetics firm, Charlotte Tilbury, which is to remain in the hands of its founder until 2031. This new deadline...
Following death of founder: Challenges Mango now faces in leadership succession and future direction
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The sudden passing of Isak Andic, founder and non-executive chairman of Mango, presents the greatest and most profound challenge the Spanish fashion multinational has faced since Andic himself, along with his brother Nahman Andic, founded the company in 1984. This challenge arrives fraught with uncertainty, as it remains unclear not only who...
Spain: Fashion sales in fall for the first time in November since 2020
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Madrid – A cold and unflattering Christmas for the Spanish retail fashion industry is what we are heading towards in 2024, based on the -2.8 percent drop in sales for the sector as a whole during this already surpassed month of November. A period in which, with the arrival of “Black Friday”, the unofficial start of this strategic holiday...
French designer Naya Ahdab wins inaugural David Delfín Prize for emerging talent
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The very first International David Delfín Original Talent Fashion Prize has been awarded. The award ceremony took place at the end of the SPAM celebrations, the emerging designer showcase organised by the provincial council of Málaga, Spain, The inaugural edition of the prize has been bestowed upon French designer Naya Ahdab, with Galician...
Inditex's challenge: Can it continue selling more while polluting less?
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Recent reports by Reuters have accused Spanish fashion giant Inditex of increasing air freight shipments from its supplier factories in India to its logistics centres in Spain by as much as 70 percent. This increase in air freight, and its associated environmental impact, calls into question the company's ability to continue growing and...
Severe weather in Spain: The fashion world offers help
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Madrid - Inditex, H&M, Mango, Scalpers, Nude Project and many more fashion companies, both national and international, are expressing support and solidarity for the victims of last week's extreme weather in Spain. The storm devastated areas of Castilla-La Mancha and the southern part of metropolitan Valencia, where the clean-up continues as the...
Visit to the sustainable Lyocell factory of fiber manufacturer Altri in Portugal
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On the outskirts of Porto, in the Portuguese town of Vila Nova de Famalicão, the Centre for Nanotechnology and Engineering Materials (CENTI) and the Textile Technology Centre of Portugal (CITEVE) are located side by side. These centres work together to promote Portuguese textiles as a benchmark for a new sustainable and circular European textile...
In Pictures: Zara Unveils Capsule Collection Designed by Stefano Pilati
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On the back of the retailer's Zara Streaming launch, Zara is now releasing a special capsule collection designed by renowned Italian designer Stefano Pilati. Pilati, who previously held the creative reins at fashion houses Saint Laurent and Zegna, has created this collection for both men and women, set to launch on October 3. Pilati rose to fame...
Hackers attack Spanish fashion multinational Tendam, demand 800,000 dollar ransom
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A group of hackers has attacked the computer systems and databases of Spanish fashion giant Tendam, the parent company of chains such as Cortefiel, Pedro del Hierro, Springfield and Women'secret. The cybercriminals are now demanding 800,000 dollars to prevent them from leaking or selling the more than 720 gigabytes of confidential information...
Allianz unveils 15 emerging fashion brands vying for Spain’s ‘Allianz Ego Confidence in Fashion’ award
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Madrid – Allianz, sponsor of the Allianz Ego young talent platform at Mercedes-Benz Fashion Week Madrid (MBFW Madrid), has announced the 15 emerging fashion brands that will compete for the ‘Allianz Ego Confidence in Fashion’ award. In line with its founding purpose, the accolade aims to continue supporting and fostering the fashion ecosystem...