Cortefiel SA

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SPAIN: Cortefiel To Open 135 New Stores In 2002 just-style.com | 11 Feb 02

Leading Spanish fashion retailer Cortefiel on Monday announced details of an ambitious expansion plan that will see it invest around 60 million euros ($52.3m) in 135 new stores during 2002. Most of the new outlets will be located outside of Spain as the firm looks to build on its existing current international base of 237 stores said Alain Moureaux, its director of international expansion.


SPAIN: Cortefiel To Open 135 New Stores In 2002 just-style.com | 11 Feb 02

Leading Spanish fashion retailer Cortefiel on Monday announced details of an ambitious expansion plan that will see it invest around 60 million euros ($52.3m) in 135 new stores during 2002. Most of the new outlets will be located outside of Spain as the firm looks to build on its existing current international base of 237 stores said Alain Moureaux, its director of international expansion.


SPAIN: Airport Sales Take Off For Cortefiel just-style.com | 17 Jan 02

Spanish fashion retailer Cortefiel and airport shopping chain Aldeasa have entered into a joint agreement to set up clothing stores in Madrid's main airport. A statement issued by the companies on Wednesday said: "This is a long-term agreement, which will come into force next February with two outlets in terminals one and three of Barajas international airport."


SPAIN: Airport Sales Take Off For Cortefiel just-style.com | 17 Jan 02

Spanish fashion retailer Cortefiel and airport shopping chain Aldeasa have entered into a joint agreement to set up clothing stores in Madrid's main airport. A statement issued by the companies on Wednesday said: "This is a long-term agreement, which will come into force next February with two outlets in terminals one and three of Barajas international airport."


SPAIN: Airport Sales Take Off For Cortefiel just-style.com | 17 Jan 02

Spanish fashion retailer Cortefiel and airport shopping chain Aldeasa have entered into a joint agreement to set up clothing stores in Madrid's main airport. A statement issued by the companies on Wednesday said: "This is a long-term agreement, which will come into force next February with two outlets in terminals one and three of Barajas international airport."


SPAIN: Airport Sales Take Off For Cortefiel just-style.com | 17 Jan 02

Spanish fashion retailer Cortefiel and airport shopping chain Aldeasa have entered into a joint agreement to set up clothing stores in Madrid's main airport. A statement issued by the companies on Wednesday said: "This is a long-term agreement, which will come into force next February with two outlets in terminals one and three of Barajas international airport."


ITALY: Benetton CEO Says US Attacks Had "Limited Impact" just-style.com | 19 Nov 01

Luigi de Puppi, chief executive of Italian clothing manufacturer Benetton Group, has told an Italian newspaper that a fall in demand after the September 11 terrorist attacks in the US will have a "limited impact" on the company's business. "We haven't substantially revised down our estimates," de Puppi told Milano Finanza. "For end-2001, the estimates indicate a revenue of EUR2.1 billion and a slight drop in profit."


UK: High Streets Under Siege From Foreign-Owned Retailers just-style.com | 28 Jun 01

As Marks & Spencer prepares to close shop in continental Europe and sell up in the United States to defend its domestic territory against the growing - and often foreign-owned - competition, these overseas retailers have been entering the UK in unprecedented numbers. Moreover, they will continue to expand and increase market share in many key sectors says retail analyst Retail Knowledge Bank.


UK: High Streets Under Siege From Foreign-Owned Retailers just-style.com | 28 Jun 01

As Marks & Spencer prepares to close shop in continental Europe and sell up in the United States to defend its domestic territory against the growing - and often foreign-owned - competition, these overseas retailers have been entering the UK in unprecedented numbers. Moreover, they will continue to expand and increase market share in many key sectors says retail analyst Retail Knowledge Bank.


SPAIN: Cortefiel Expands Abroad just-style.com | 26 Apr 01

The Spanish clothing retailer Cortefiel SA has announced that it is to invest around 85m euros ($76.18m) in an international expansion programme. Cortefiel, which yesterday announced a 12.6 per cent rise in sales over the year, said that the investment would be spread out until 2006 and will see 164 new stores opening with 109 of those opening abroad.


SPAIN: Cortefiel Expands Abroad just-style.com | 26 Apr 01

The Spanish clothing retailer Cortefiel SA has announced that it is to invest around 85m euros ($76.18m) in an international expansion programme. Cortefiel, which yesterday announced a 12.6 per cent rise in sales over the year, said that the investment would be spread out until 2006 and will see 164 new stores opening with 109 of those opening abroad.


SPAIN: Tavex Algodonera Shares Rise On Cortefiel Rumours just-style.com | 25 Apr 01

The shares of Spanish denim company Tavex Algodonera have risen 28 per cent since Easter on rumours that Cortefiel would take a stake after this group's failed bid for Adolfo Dominguez. However, Tavex said there has been no contact with any financial or industrial investor.


SPAIN: Adolfo Dominguez Considers Partner just-style.com | 23 Apr 01

The board of directors at Spanish clothing designer Adolfo Dominguez SA will meet later today to consider the possibility of looking for a minority partner. According to a report in the Spanish newspaper La Gaceta, the designer is to consider a new partner to try and ward off any further attempts of a takeover.


SPAIN: Cortefiel Considers M&S Move just-style.com | 5 Apr 01

Spanish newspaper Intelite has reported that one of Spain's major clothing retailers, Cortefiel, has expressed an interest in taking on the gap left by Marks & Spencer's withdrawal from the European market. The Spanish retailer, which currently runs stores across Europe and in Mexico, has said that before any decisions can be made it will have to conduct various preliminary studies to assess the viability of the move.


ITALY: Fila Sign Matteo Thun Studio For Retail Project just-style.com | 19 Dec 00

Milano's Mateo Thun Studio has been chosen by Fila Holding S.p.A (NYSE:FLH) to work on the design for its new flagship stores. The new stores are being designed as part of Fila's retail project, which will see the stores being closely tied with the Internet for sales of its sporting apparel and footwear.


USA: Textile Maker Pays $150,000 Fine just-style.com | 16 Nov 00

Crawford Textile Corp has agreed to pay a $150,000 fine for selling highly flammable fabric to garment manufacturers. The Consumer Product Safety Commission said that the company had failed to report the sale of the flammable material as required by the Consumer Product Safety Act. Crawford made 22,570 yards of Sherpa fabric in September 1998 and sold it on to Milano Express. After it was shipped, Crawford received test reports showing six of 23 lots failed federal flammability standards and were unsuitable for clothing because of rapid and intense burning. The sweatshirts were sold by Costco stores nationwide between October 1998 and April 1999 for about $17.


BRAZIL: Apparel E-tailer To Launch March 2001 just-style.com | 26 Oct 00

Modasite, an apparel website that plans to sell children's clothes, menswear, and womenswear, will be launched for March 2001, the site's founders announced today.Modasite will also offer lingerie, beach fashion, and accessories. According to its founders, the website is valued in US$2.11m.The e-tail site is the brainchild of entrepreneurs Carlo Magno Correa Gibrail, former Corsi's marketing director, Sergio Kulikovsky, founder of online broker Nettrade, and Sergio Milano Benclowicz, marketing director of Noble Group.It will initially provide content and sales for about 12 products, but it is expected to reach 30 brands in the second stage of the project. Some of the brands included in the site are Cori and Luigi Bertolli (of the Pasmanik Group), Vila Romana, VR (of Sellinvest) and Yatchman. Other major brands are still being negotiated.


USA: Janlynn Corporation and ARTY'S Worldwide Form Strategic Partnership just-style.com | 30 May 00

Janlynn Corporation and ARTY'S / Sinoart announced today the formation of a global partnership. ARTY'S gains exclusive distribution rights for Janlynn products in most of Europe and Janlynn gains exclusive distribution rights for ARTY'S products in North America.The positive impact of the ARTY'S - Janlynn partnership will be felt by retailers and consumers on both sides of the Atlantic.


USA: Janlynn Corporation and ARTY'S Worldwide Form Strategic Partnership just-style.com | 29 May 00

Janlynn Corporation and ARTY'S / Sinoart announced the formation of a global partnership. ARTY'S gains exclusive distribution rights for Janlynn products in most of Europe and Janlynn gains exclusive distribution rights for ARTY'S products in North America.The positive impact of the ARTY'S - Janlynn partnership will be felt by retailers and consumers on both sides of the Atlantic.


South Korea: Back In Fashion just-style.com | 26 May 00

South Korea could be a leading force in the 21st Century world economy. This article profiles its apparel producers, its accessory suppliers, and its increasingly strong machinery manufacturers. The country seems well supplied internally and is increasingly exporting its goods. Domestic costs are low, ensuring price competitiveness, and provided it offers quality there should be an expanding market for its exports.

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