Zara
Chinese Zara rival Urban Revivo steps up global push with new stores in fashion capitals
[SHANGHAI] China’s Urban Revivo will open a nearly 2,700-square-metre store in London on Wednesday (Sep 3), its second in the city this year, as the fast fashion retailer often likened to Inditex’s Za...
Zara founder Ortega goes on deal spree to shield US$104 billion from tax
The spending spree coincides with him receiving his biggest-ever annual dividend in early May from the retail giant he founded more than six decades ago
Zara opens flagship store in China’s Nanjing with cafe and content creation studio
The Spanish company has put in place more digital integration and spaces designed to encourage shoppers to spend more time in-store
Zara owner Inditex posts record annual profit as billionaire Ortega takes 3 billion euros in dividends
[MADRID] Zara owner Inditex, the world’s biggest fashion retailer, reported a record annual profit for the third consecutive year on Wednesday (Mar 12) due to dynamic sales and higher prices.
Billionaire Zara founder pays 327 million euros for Italy logistics assets
The purchase includes locations in Milan and Rome
Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara
CHINA-FOUNDED Shein started surging in popularity in 2020 amid the Covid-19 pandemic, as customers who were stuck at home logged on to the online retailer to buy cheap clothes. The financials of its p...
Zara owner Inditex slashes China stores in digital focus
ZARA-OWNER Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a fifth of its stores in the country in a sign its f...
Investors push Zara owner Inditex to publish full supply chain
Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any supply chain risks.
Zara stores return to Venezuela after hyperinflation is tamed
FASHION retailer Zara is reopening in Venezuela as consumer spending recovers after the country tamed hyperinflation.
