Articles by Jaime Martinez
El Corte Inglés ends 2024 with its highest revenue in 14 years
Madrid – Spanish department store group El Corte Inglés (ECI) presented its financial results for the 2024/2025 financial year. This period, which ended on February 28, saw the company, chaired by Marta Álvarez, achieve its highest revenue in 14 years. According to information provided by the management of the Spanish group, ECI ended its last...
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Ecoalf secures ‘green loan’ of seven million euros from Impact Bridge to boost growth
Madrid – Spanish fashion label Ecoalf secured a seven million euro "green loan" from Spanish fund manager Impact Bridge (IB). The capital will be used by the company, founded and led by Javier Goyeneche, to further boost its growth as a global ‘purpose-driven’ brand focused on promoting and leading the fashion industry's shift towards a more...
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Sustainable fashion brand Hemper enters liquidation
Sustainable fashion brand Hemper has filed for creditor bankruptcy and liquidation due to insolvency. The Madrid-based company also presented a bid for the acquisition of some of its assets. In an official statement released June 16, 2025, Hemper’s management announced the company's bankruptcy filing. The sustainable fashion and accessories...
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Jonathan Andic steps down from helm of Mango Man
Jonathan Andic, son of Mango founder Isak Andic, has stepped down from his executive responsibilities at the multinational fashion company. He had served continuously since 2008 as global director of the Mango Man line. This step back allows the director to assume greater responsibilities within the Andic family's holding companies. These...
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Inditex shares plummet after results presentation
Madrid – Inditex's financial results, released Wednesday, concerning its performance during the first quarter of its 2025 financial year, were poorly received by both markets and investors. The Spanish multinational, owner of Zara, saw its shares open trading with a drop of more than 6 percent. As a clear sign of the complicated horizon ahead...
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Desigual elevates its offering with new premium line, ‘Studio’
Madrid – Spanish fashion multinational Desigual announced the launch of ‘Desigual Studio’, a new premium fashion line. This launch builds upon the brand’s diversification and repositioning strategies, elevating its market value. The line will officially debut at a catwalk show in Barcelona this September. Founded in Barcelona in 1984, Desigual...
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Inditex reports stagnant growth in Q1 2025 sales and profits
Madrid – On Wednesday, June 11, the Spanish fashion multinational Inditex Group released its consolidated financial results for the first quarter of its 2025 fiscal year (February 1 to April 30). The company experienced a notable slowdown, with both sales and profits showing minimal growth compared to the same period in 2024. According to...
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Inditex announces board changes as José Arnau Sierra retires; Roberto Cibeira Moreiras to join
Madrid - Coinciding with the release of its first-quarter 2025 financial results, Spanish fashion multinational Inditex announced the departure of its non-executive vice chairman, José Arnau Sierra, from its board of directors. This decision stems from his retirement from Pontegadea, Amancio Ortega’s holding company. According to a statement...
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Spanish textile industry partners with MagnoLab for innovation and sustainability
The Spanish textile industry is set to expand its focus on innovation and sustainability through a new collaboration agreement with MagnoLab, a leading Italian initiative involving specialized textile companies. As announced on June 10, 2025, by the Textile Industry Confederation (Texfor), along with the Fundació per la Industria del Gremi de...
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Camperlab reinforces independence with new visual identity ahead of Paris Fashion Week debut
Madrid - Camperlab is asserting its distinct identity, separate from its parent company, Spanish footwear specialist Camper, through a refreshed visual identity. This rebranding coincides with Camperlab's much-anticipated presentation at the upcoming Paris Men’s Fashion Week. Camper's management has been strategically developing Camperlab,...
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