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...
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...
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.
Zara owner Inditex reports strong holiday sales and lifts margin outlook
ZARA owner Inditex reported strong holiday season trading with sales up 14 per cent in the six weeks to Dec 11 and...
How Shein outgrew Zara and H&M and pioneered fast-fashion 2.0
WITH Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how...
Zara regrets campaign ‘misunderstanding’ after Gaza boycott calls
FASHION brand Zara withdrew an ad campaign featuring statues wrapped in white that sparked calls for a boycott and protests outside stores...
Zara expands second-hand platform to 14 European countries
SPANISH fashion retailer Zara is expanding its service to sell, repair or donate second-hand clothes in several European countries from Dec 12...
Zara owner Inditex’s sales growth eases after strong run
INDITEX reported a slight slowdown in revenue growth at the start of this quarter, taking the lustre off an earnings report that...
Zara billionaire Ortega buys Chicago apartment tower for US$232 million
AMANCIO Ortega, the billionaire founder of the Zara clothing chain, snapped up a luxury apartment building in Chicago for US$232 million to...
Zara billionaire founder’s real estate fortune hits 18.1 billion euros
FASHION billionaire Amancio Ortega’s real estate investments recorded a 19 per cent increase in value in 2022, as it expanded into logistics...