The Business Times

Zara

Consumer & Healthcare

Chinese Zara rival Urban Revivo steps up global push with new stores in fashion capitals

Zara founder Amancio Ortega, 89, has a net worth of about US$103.7 billion according to the Bloomberg Billionaires Index.
Global Enterprise

Zara founder Ortega goes on deal spree to shield US$104 billion from tax

The need to revitalise Zara’s retail network has been particularly apparent in China.
Consumer & Healthcare

Zara opens flagship store in China’s Nanjing with cafe and content creation studio

Zara owner Inditex pointed to “very satisfactory” sales which hit 38.6 billion euros in 2024, a 7.5 per cent increase from the previous year.
Consumer & Healthcare

Zara owner Inditex posts record annual profit as billionaire Ortega takes 3 billion euros in dividends

epa10747804 Inditex founder Amancio Ortega attends the Casas Novas International Jumping Contest at the Coruna council of Arteixo in Galicia region, north-western Spain, 15 July 2023. EPA-EFE/Cabalar
International

Billionaire Zara founder pays 327 million euros for Italy logistics assets

Shein has expanded rapidly into South-east Asia in 2022, not long after moving its parent firm to Singapore from China.
Tech in AsiaStartups

Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara

Zara owner Inditex reported a 7 per cent rise in sales for its first quarter to the end of April, an expected slowdown from a year earlier when the company benefited from a post-pandemic shopping spree.
Consumer & Healthcare

Zara owner Inditex boosted by pick-up in Spring sales

Of 123 net store closures globally last year, 50 were in China, Inditex’s annual report showed.
Consumer & Healthcare

Zara owner Inditex slashes China stores in digital focus

FILE PHOTO: Shoppers walk past a Zara clothes store, part of the Spanish group Inditex, in Las Palmas de Gran Canaria, Spain, December 13, 2022. REUTERS/Borja Suarez/File Photo
International

Investors push Zara owner Inditex to publish full supply chain

The restart of Zara’s operations comes as Venezuelans’ purchasing slowly recovers after widespread dollarisation tamed inflation.
Consumer & Healthcare

Zara stores return to Venezuela after hyperinflation is tamed

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