Articles by Jaime Martinez
Multiply Group: Who is the new owner of Tendam, and how will it boost its value?
Madrid – The Spanish fashion scene, and potentially the international fashion scene, was shaken on February 25, 2025, following the unexpected announcement and official confirmation that Emirati company Multiply Group had become the new dominant shareholder in Tendam Group. The Spanish fashion multinational, which owns chains such as Cortefiel,...
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Mango slows growth, but sees profits soar by 27 percent at the close of 2024
Spanish multinational fashion company Mango has reported its results for the latest financial year, 2024. The year saw a new all-time high in terms of both sales and profits, with sales of over 3.3 billion euros and net profits of 219 million euros. Based on information provided by the company founded by Isak Andic, and in what are the first...
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Epoch Biodesign closes a round of 18.3 million dollars, with participation from Inditex
Disruptive British start-up Epoch Biodesign has announced the closing of a Series A financing round of 18.3 million dollars, with contribution from Spanish fashion giant Inditex. The new capital will be used to scale up the start-up’s current textile biorecycling solutions, with the construction of a first plant for commercial-scale production...
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Spain's Lookiero and Germany's Outfittery merge to lead the European online personal shopping market.
The Spanish online personal shopping platform Lookiero has merged with its largest competitor to date, the German platform Outfittery. The newly formed Lookiero Outfittery Group aims to establish itself as the European leader in assisted online shopping. Both companies confirmed to FashionUnited that the merger has been structured as a...
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Spanish jewelry firm Tous launches offensive in the US, names General Manager for the country
Madrid – As part of the implementation process of its new medium-term strategic plan, “GEM”, the Spanish multinational jewelry firm Tous has just officially launched a new and decisive offensive for the company’s growth in the United States, with the appointment of its first general manager for the country. A position that will be filled by...
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Puig boosts profits by 14 percent, closes first year as listed company on a high
Spanish multinational Puig, the parent company of Rabanne, Caroline Herrera and Jean Paul Gaultier, has reported its annual results for the 2024 fiscal year, the first it has completed as a listed company. The report largely confirms interim results shared by Puig earlier in January, in which it stated that its total net sales reached 4.79...
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Trump unleashes tariff war with EU and announces a +25 percent tariff on imports
Continuing with the new direction of United States policy that the new Administration of President Donald J. Trump is beginning to set on all fronts, this Wednesday, February 26, Washington DC time, the American president himself took it upon himself to advance the decision that his new Government has already adopted in relation to its...
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Mango to open first dedicated homeware store in April
Spanish fashion giant Mango has announced plans to open its first store dedicated to home decor in April. Located in Barcelona, the 400-square-metre flagship will be the first ‘Mango Home’ site, exclusively offering homeware products from the Mango brand. Mango’s homeware concept was introduced in 2021 as part of a diversification strategy, a...
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Mango doubles down on US with 20 new openings and new Manhattan flagship
Spanish fashion multinational Mango is upping its commitment to the US market, with a pledge to open around 20 new points of sale in the country in 2025. Through these openings, the company aims to end the year with around 65 stores across the US, highlighted by the impending launch of a new flagship store in Manhattan. While present in the US...
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Rosa Clará to open three new US boutiques in 2025 as part of major expansion
Madrid – Spanish bridal fashion group Rosa Clará kicks off 2025 with celebrations marking its 30th anniversary. The bridal company is commemorating this milestone by presenting its new bridal and occasion wear collections and outlining its key growth strategies for the short, medium, and long term, including the design and implementation of a...
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