The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people
Spanish companies continue to work towards internationalisation, despite the difficult period the footwear sector is experiencing due to inflation and falling consumption, says FICE
The Elche-based group posted a record turnover of 138 million euros in the 2023 fiscal year, up by 29% year-over-year, a significant recovery from the COVID-19 pandemic-related decline
In the midst of a rapid expansion, the Spanish-based sneaker brand reported a fiscal 2023 turnover increase of 45%, as compared to the prior year, reaching 53 million euros
Amid an expansion of its retail footprint, the Spanish-based fashion retailer foresees ending the fiscal year with sales of more than 3 billion euros, which would represent a double-digit growth over 2022
The owner of Zara continues to perform strongly. In the first nine months of 2023, its sales and profits grew by 11% and 33%, respectively, as compared to the same period of last year
The president of FICE and vice-president of the Pikolinos Group has become the first woman to lead the organisation, with a mission to promote “Industry 5.0” to transform the footwear sector
The owner of Zara, among others, will be collaborating with the material sciences company Ambercycle to help scale a textile made from post-industrial and post-consumer polyester waste
The fashion group has partnered with the freight group Maersk to reduce its GHG emissions from maritime logistics by incorporating alternative fuels into all its inbound routes with the carrier
The Spanish-based group and the International Apparel Federation have signed an agreement to drive a transformation in the global fashion industry in the fields of circularity, traceability and worker well-being
The LVMH subsidiary designed to preserve the group's expertise in luxury raw materials and craftsmanship has acquired the Grupo Verdeveleno, a Spanish tannery specialising in exotic skins
After a successful rollout in the UK in October 2022, the fashion chain owned by the Spanish-based Inditex group has expanded its second-hand platform in France
The Spanish-based fashion group, which owns, among others, Zara and Massimo Dutti, posted a strong performance in the first half of 2023, marked by significant growth in profits
Launched in 2021 to contribute the rapid transformation of digital education in the footwear industry, the Erasmus+ Digital FabLab Project, implemented by partners from several European countries, has officially ended
From January to April, Spanish footwear exports grew by 17.4% in volume and 2.3% in value, as compared to the same period of last year, reflecting a slowdown in growth, says FICE