Dogi news and archive

Nextil achieves positive EBITDA despite drop in revenues

Nextil, owner of brands such as Treiss, EFA, Ritex, SICI93, Playvest, Anna Llop and Dogi, managed to maintain a positive EBITDA of 0.6 million euros in the first nine months of the year, despite the fall in sales owing to the lack of commercial activity in key markets, such as Italy or Asia, due to the Covid-19. The company said in a statement...

Business

Nextil manages to maintain positive EBITDA in H1

Nextil, owner of brands such as Treiss, EFA, Ritex, SICI93, Playvest, Anna Llop and Dogi managed to maintain a positive EBITDA of 1.4 million euros in the first half of the year, despite much of the commercial activity has been paralyzed since February in some markets, such as Italy or Asia, due to the Covid-19 pandemic. The company said in a...

Business

Nextil posts 13.8 percent drop in Q1 turnover

European textile industry player Nextil, owner of brands such as Treiss, EFA, Ritex, Sici93, Playvest, Anna Llop and Dogi, said that its EBITDA reached 1 million euros in the first quarter, a decrease of 0.5 million euros compared to the same period last year, despite much of the commercial activity has stopped since February in some markets,...

Business

Dogi acquires fellow Catalonian textile firm Ritex

Dogi has acquired the Catalan textile firm Ritex through its subsidiary Elastic Fabrics. The operation values Rilex at circa 3 million euros. Dogi informed the Spanish market regulator, the National Securities Market Commission (CNMV) that the transaction occurred on Tuesday, valuing Ritex at around 3 million euros. Dogi has now ownership of 100...

BusinessFeatured

Catalonia: The impact of the referendum on the fashion industry

The Spanish fashion industry also suffers the negative consequences of the Catalonia referendum to achieve independence. The persistent political instability faced by the region - and much of the Iberian Peninsula – has led to a significant slowdown in tourism and consumption, as well as the imminent escapism of several Catalan entities due to...

Business |UPDATE Featured

Dogi becomes first apparel company leaving Catalonia due political unrest

Spanish textile company Dogi has become the first company in the fashion and apparel industry to leave Catalonia after the unleashing of an unprecedented institutional crisis on October 1st. After a few days of increasing tension, Dogi International Fabrics announced last Thursday that it had begun the process to move its registered office to...

Business

Monsoon reportedly shutting down 141 stores

Monsoon would have allegedly decided to close its largest shops, putting in jeopardy hundreds of jobs across the country. The retailer will shut down those shops that have the Monsoon and Accessorize brands. As reported by ‘The Guardian’ this Friday, Monsoon will get started with those locations that combine both brands in a single shop and will...

Business

Dogi increased its sales by 23.3 percent in the first quarter

Spanish manufacturer of stretch fabrics Dogi increased sales by 23.3 percent during the first three months of this year, to 10.9 million euros. Additionally, the company has reduced losses during the quarter substantially. The company, now fully financially backed by Sherpa Capital, recorded losses of 833,000 euros – this is, a 32 percent less...

Business

Following the entry of Sherpa, Dogi exits the red

Spanish textile group Dogi left behind the red after earning a net profit of 14.5 million euros at the end of 2014, compared with a loss of 9.1 million recorded a year earlier. "Efforts to restructure Dogi after the entry of Sherpa in the capital of the company are beginning to bear fruit in terms of results," the company said in a statement....

Design

Spanish regulator approves issuance of 41 million shares of Dogi

The Spanish National Securities Market Commission (CNMV) hasapproved the issuance of 40,800,015 new shares of Dogi corresponding to a capital increase in cash with preferential subscription rights, amounting to 2.61 million euros. As informed by the regulator, on Thursday the preferential subscription period will start and in case of...

Fashion

Dogi returns to the trading floor after five years

On June 30th, the Madrid Stock Exchange will welcome back one of the Spanish stock market classics: textile firm Dogi, whose stock was suspended five years ago on May 27, 2009 after the company voluntarily entered administration. The National Securities Market Commission (CNMV in Spanish)approved lifting the suspension of trading for Dogi...