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Tag: Inditex

Retail Asia19/07/2017
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Fashion

Inditex sales soar 14 per cent

2min0
Inditex sales grew 14 per cent in the quarter to April 30, to €5.6 billion, underpinned by a solid business performance in all markets. Sales growth in constant-currency terms was 12.5 per cent and net profit amounted to €654 million, up 18 per cent year-on-year. Growth was achieved across all regions and all of the […]
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Retail Asia22/03/2017
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Fashion

Emerging markets like Vietnam help Inditex outpace H&M

6min0
Fashion retailer H&M’s sales fell unexpectedly in February while Inditex, which owns Zara, pulled further ahead of its Swedish rival, helped by its expansion online and a bigger emerging market presence. Inditex, the world’s biggest clothing retailer, has consistently outperformed H&M in the past few years as a result of online growth and its push […]
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Retail Asia22/03/2017
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Fashion

Zara Thailand launches online

1min0
Zara Thailand is launching online sales in Thailand this month. Vietnam will follow, with the service already introduced in Malaysia and Singapore this month. Also this year, the brand will start selling online in India, where the Spanish fast-fashion chain is expected to reach sales of US$200 billion by 2025, according to a study by […]
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Retail Asia22/03/2017
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Fashion

Uniqlo targets Zara in faster fashion move

4min0
From fast fashion to faster fashion: speed is seen as the key by Uniqlo owner Fast Retailing in its bid to outrace apparel powerhouse Zara. Uniqlo founder Tadashi Yanai says Fast Retailing plans to shorten the time it takes from design to delivery to about 13 days, roughly the same as Zara, owned by clothes […]
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Retail Asia20/03/2017
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Fashion

Inditex Group sales rise on new stores

2min0
Zara parent Inditex Group sales rose by 12 per cent in its latest trading year, to January 31, reaching €23.3 billion. Growth was achieved in every geographic region where the group is present, and includes contributions from debut stores in Vietnam and New Zealand. Same-store sales rose by 10 per cent, up from 8.5 per […]
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Retail Asia14/12/2016
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Fashion

Giant Zara Barcelona store opens

3min0
A giant Zara Barcelona flagship store has opened its doors at Number 5, Plaça de Catalunya, Barcelona’s tourist and commercial epicentre. Zara describes the store as one of its “most emblematic”, housed in a 1930s property which has been fully refurbished and recovered for the city. It has more than 3600 sqm of space spread […]
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Retail Asia25/10/2016
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Fashion

Oysho lingerie arrives in Indonesia

1min0
Spanish lingerie brand Oysho, owned by Inditex, continues its international expansion with the opening of its first store in Indonesia. In Jakarta’s centre, the 300 sqm shop is in Plaza Indonesia, a shopping centre that is also home to other Inditex brands such as Zara, as well as luxury labels including Burberry, Chanel, Hermes and […]
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Retail Asia13/09/2016
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Fashion

Zara Vietnam flagship opens in HCMC

2min0
Covering 2400 sqm over two levels, the first Zara Vietnam flagship store has opened at Vincom Centerin Ho Chi Minh City. Customers have views of the main street, Dong Khoi, from its windows, while on the racks are collections including women’s and men’s styles as well as Zara Kids, Zara Basic, TRF and the latest […]
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Retail Asia03/08/2016
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E-Tailing

Inditex Group to introduce m-payment in Sept

3min0
Mobile payment is coming to stores belonging to fashion retailer Inditex Group in September, chairman and executive Pablo Isla announced recently during the company’s annual general meeting. Inditex has eight brands and more than 7,000 stores throughout the world. These brands include Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe. Initially, the […]
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Retail Asia16/05/2016
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Fashion

Zara Vietnam to launch in July

2min0
Zara Vietnam says it will open its first store in July, just as Euromonitor International reveals the Vietnamese branded goods market may reach $2.7 billion in value by next year. As more than more people can afford branded goods, international fashion brands such as Gap, Mango, Nine West, Ralph Lauren and Topshop have become the […]
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Retail Asia24/12/2015
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Fashion

H&M blames weather for poor sales growth

1min
Hennes & Mauritz, the world’s second-largest apparel retailer, has reported a four per cent rise in sales in November. H&M says the increase was lower than expected due to unusually mild weather in the northern hemisphere, which lessened customer demand for winter clothing. Analysts are growing increasingly concerned about H&M’s margins, fearing they will come […]
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Retail Asia22/12/2015
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Fashion

Inditex Asia: the relentless push continues

2min
As Spanish apparel giant Inditex continues its global expansion in earnest, the Inditex Asia business is accounting for a major share of the action. Inditex is committed to both multi-brand and multi-channel strategies as it builds it global dominance of the fast fashion market. During the first nine months of 2015 it opened 230 stores […]
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Retail Asia15/12/2015
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General

Inditex optimistic about push into China

2min
Intidex, the parent company of fast fashion chain Zara, has revealed a sales increase of 16% year-on-year to 14.74bn (£10.6bn) over the first nine months of its financial year. Despite a dip in the economy, the Spanish group has said that it remains optimistic about its China prospects. The group’s profits, which include a 20% […]
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Retail Asia21/04/2015
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E-Tailing

Stradivarius China launches on Tmall

1min
Inditex has launched another of its brands in China online. The Spanish apparel maker has opened a Stradivarius China storefront on Tmall, the largest online sale platform in China. After launching in China in 2010, the junior cousin of Zara has built a network of 68 physical stores in more than 40 cities. The broader […]
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Retail Asia20/04/2015
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Fashion

Pull&Bear Shanghai opens new flagship

2min
Inditex Group-owned youth fashion brand Pull&Bear opened its new two-storey East Nanjing Rd flagship this week. Pull&Bear features in 70 markets worldwide with a network of over 900 stores. The new Shanghai store is the first in the city to present the brand’s new image, which draws inspiration from the Californian atmosphere of Palm Springs. […]
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Retail Asia25/03/2015
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General

Inditex sales, profit rise

4min
Same store sales and group profit both increased by five per cent at Spanish apparel giant Inditex in 2014. In financial statements just released, Inditex said its key same store sales growth indicator stands at 23 per cent over the past five years. Net profit totalled €2.5 billion. Group sales revenue rose by eight per cent […]
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Retail Asia19/02/2015
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Fashion

Inditex ends Angora lines

3min
Spanish fashion giant Inditex has announced a complete and permanent ban on the use of angora wool across all its brands. The ban follows discussions with animal rights group PETA US and a media expose of the cruel practice where live rabbits’ fur is ripped from their skin to produce the soft thread. Inditex, the […]
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