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Business|FINANCIAL REPORT

FNG Group turnover jumps to 459.8 million euros in FY2016

London - 2016 is said to have been a transitional year for fashion retail company FNG as the group saw its revenue hit 242.2 million euros, up from 74 million euros in 2015. In its annual results for its fiscal year 2016, published Wednesday evening, FNG Group noted that 2016 has been a particularly strong year in what was an economically...

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Member
Business|UPDATE

Etam Group declares bankruptcy

Dutch fashion company Etam Group Retail has declared bankruptcy. The announcement comes weeks after the group filed for court protection from creditors, but it seems as if the end result was inevitable. In a statement the group revealed that bankruptcy appeared to be unavoidable when the company was unable to pay its creditors after the...

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