The Spanish retailer invested 150 million euros in distribution centers in Spain and the Netherlands.
After some belt tightening last year, retailers are boosting their capital expenditures as they seek to keep up with consumers.
The company posted sales and earnings gains in the period, fueled by omnichannel initiatives.
An escalation of tariffs or quotas could cause supply chain disruptions.
The deal is the latest in a series of partnerships, agreements and acquisitions forming the sprawling retailer’s turnaround efforts.
Chief executive officer Marco Bizzarri sees lots of potential in terms of licenses, stores and digital.
The stock market operator reviews the makeup of the benchmark index on a quarterly basis.
Parent company Kering published the objective, without specifying a timeframe, to coincide with its investor day in Florence.
Some 6,000 layoffs are expected at the struggling British retailer that’s set to be acquired by C.banner.
A U.N. report found the new projects included outlays by brands such as Golden Goose, Fabiana Filippi, Herno, Hennes & Mauritz and Hermès International.
For both firms, the key focus continues to be handbags, although the brands are expanding further into other categories such as accessories and footwear.