Articles by Jaime Martinez
TK Maxx strengthens its Spanish presence with its first store in Madrid
Madrid – Following the announcement by the retail company's management earlier this month, and as reported by FashionUnited, the new TK Maxx store in Spain opened its doors this Thursday, May 28. This is the chain's second store in the country and the first within the Community of Madrid. With a retail space of 1,621 square metres distributed...
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Galería Canalejas, central Madrid's 'luxury mecca', is up for sale
Madrid – The Spanish multinational OHLA, successor to the former OHL of the Villar Mir Group, will put the exclusive Galería Canalejas shopping complex up for sale at the end of the year. This was announced by its chairman of the board of directors and main shareholder, Luis Amodio. He has ruled out the possibility of the transaction being...
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UFC fighter Ilia Topuria invests in Spanish fashion brand MR. AB
Madrid – Madrid-based menswear brand MR. AB has just confirmed that fighter Ilia Topuria, the Ultimate Fighting Championship (UFC) world champion in the featherweight and lightweight divisions, has joined as a new investing partner. This move sees him join the project led and co-founded by Tomás Laso-Argos and Rafael Medina. First teased on...
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Loewe to dress Spain's national football teams until 2030
Madrid – In an unprecedented move for its development as a fashion house and for the off-pitch image of Spain's senior national football players, luxury house Loewe and the Royal Spanish Football Federation (RFEF) have today announced the start of a long-term collaboration. Under the agreement, Loewe becomes the new “official tailor” for the...
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Jonathan Andic steps down from his responsibilities at Mango
Madrid – Jonathan Andic, son of Mango founder Isak Andic, has decided to step down from all responsibilities and resign from all his positions within the Spanish fashion multinational. This follows his formal indictment on May 19 for the alleged homicide of his father. Until now, he served as the non-executive vice-chairman of its board of...
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In pictures: Lefties' new debut store in France
Madrid – Following up on information shared this week by the FashionUnited team in France, we present a virtual tour in pictures of the new debut store from Lefties. The Inditex group's 'family chain' has just opened the establishment in France, located on the outskirts of Paris in the Valvert Croix Blanche shopping centre. The store was...
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Puig shares plummet after Estée Lauder negotiations end
Madrid – The market's response to the announcement of the unsuccessful end to negotiations between Puig and The Estée Lauder Companies regarding a potential merger of their businesses has been swift. It has come in the form of a severe penalty for the Spanish company. The group's shares opened Friday's trading session, May 22, 2026, by...
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No merger: Puig and Estée Lauder end negotiations without an agreement
Madrid – After nearly two months of intense negotiations, there will be no merger, acquisition, absorption, or any similar operation leading to the integration of the Spanish fashion and beauty multinational Puig group and the American company The Estée Lauder Companies into a single entity. Both companies have now announced through separate...
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Zara and Bad Bunny launch their collection: from Puerto Rico to the world
Madrid – In one of its most significant strategic initiatives this year, the collaborative capsule collection designed by Zara with Bad Bunny and his creative team went on sale this Thursday, May 21. With this collection, the main fashion chain of the Inditex group not only renews its offering for the spring/summer 2026 season but also, and...
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Pronovias enters administration for its sale to Cap Capital
Madrid – The pre-arranged steps for the swift acquisition of Pronovias by Cap Capital continue to be strictly followed. The leading global company in the bridal fashion sector has now been placed into administration. This is part of the “pre-pack” administration process that will conclude with its sale to the British investment group. According...
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