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All Inditex articles – Page 10
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News
Inditex’s joint venture with Tata Group deferred
Inditex’s proposal for a joint venture with Tata Group for its brand Massimo Dutti was deferred by the Foreign Investment Promotion Board (FIPB), the authority that clears foreign investment in India.The FIPB said the investment was not being made by Inditex but by its 100%-owned subsidiary Zara Holdings BV, which ...
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News
Inditex reports net profit increase
Clothing giant Inditex reported a 30% rise in net profit to E432m (£374.7m) for its first quarter, on revenues up 15.4% to E3.4bn (£2.95bn).The retailer posted its highest-ever gross margin, which rose by 140 basis points to 60.2%.During the quarter Inditex opened 91 new stores in 26 countries. The retailer ...
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AnalysisAmancio Ortega: The retail genius who created Zara
In this exclusive extract from The Man From Zara, author Covadonga O’Shea talks to José María Castellano, former chief executive of Inditex, about Amancio Ortega’s approach to business.
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AnalysisThe changing face of fashion retail
Fashion has come a long way in 20 years, as the rise of online and Asian manufacturing drove significant change. Rebecca Thomson charts the trends that have changed the sector.
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AnalysisH&M’s brand new approach
The fashion giant’s plan for a new premium fascia will open the door to a broader customer base.
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News
Bershka unveils new concept store
Inditex-owned Bershka is to unveil its new concept store in Mataró Parc, northeast Spain, following the new format, which launched last year in Shibuya. The young fashion chain is using white instead of the trademark black throughout much of the store and has restructured the store into three departments: Bershka ...
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News
Inditex reports rise in net profit
Fashion retail group Inditex has reported a 12% rise in net profit to E1.93bn (£1.61bn) in 2011 from E1.73bn (£1.45bn) the previous year. Sales increased 10% to E13.79bn (£11.53bn) and like-for-likes were up 4%. The latter were stronger in the first half, growing 6%, and climbed 3% in the second ...
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AnalysisInditex to invest £795m in 500 new stores worldwide
On the back of strong 2011 results, Spanish clothing retailer Inditex has revealed capital expenditure of around E950m (£795m) for 2012 as the retailer plans to open about 500 new stores across the globe to take its total past 6,000.
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GalleryIn pictures: Refitted Pull & Bear reopens on Oxford Street
Pull & Bear, the Inditex young fashion fascia, reopened on Oxford Street this morning following a 6-week refit.
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News
Zara launches global concept store in New York
Inditex-owned clothing retailer Zara has launched a global concept store in New York with revamped architecture and a new interior design scheme.The store, at Fifth Avenue and 52nd Street, is the retailer’s largest in the US, comprising more than 32,300 sq ft spread over three floors.The store design emphasises simplicity ...
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News
Inditex to remodel its Zara fascia stores
Clothing retailer Inditex will remodel all its Zara fascia stores in its home market.The revamp of the 336 Zara and 159 Zara Kids stores is part of the retailer’s efforts to roll out a new brand image, which was launched at a store in the Marineda City mall, Corunna in ...
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News
Inditex to open stores in Bosnia and Herzegovina
Inditex has announced that it will open its first stores in Bosnia and Herzegovina this year. The company plans to introduce its Zara, Bershka and Pull & Bear brands, unveiling its first Zara unit in the Brodomerkur-Mepas shopping centre, Mostar. The mall will open in March and will be one ...
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News
Inditex opens first Zara store in Peru
Inditex has opened its first Zara store in Peru in the capital, Lima. The shop is in the Jockey Plaza shopping centre, has a sales area of 19,375 sq ft and stocks collections produced for the southern hemisphere.
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News
Inditex announces net profit rise
Inditex has announced that net profit rose 14% in the first half of this year as the retailer continued its rapid international expansion away from its home market.In the first half of the year, the retailer opened stores in Australia and over the next few months Zara will open its ...
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NewsZara-owner Inditex posts 14% rise in profits in first half
Spanish clothing giant Inditex has recorded a 14% jump in profits in its half year results as it benefitted from expanding into overseas markets and growth in online sales.
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AnalysisZara aims to use the web to crack the US market
Last week, Inditex, the world’s leading clothing specialist, launched a transactional website for its Zara chain in the US.
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NewsZara-owner Inditex in sweatshop inquiry
Fashion giant Inditex is under investigation by Brazil’s ministry of labour after one of its contactors was found to be using employees in sweatshop conditions.
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News
Zara makes African debut
Spanish clothing chain Zara, owned by Inditex, will make its African debut at the Sandton City shopping mall in Johannesburg on November 10. Zara has chosen to enter South Africa through the corporate store route, paying import duties at cost instead of opening through franchise outlets where it would need ...
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NewsZara UK full year profits surge
Fast fashion chain Zara’s UK business posted a sharp full-year profits jump as it cut back on spending.
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NewsMassimo Dutti to launch online this autumn
Massimo Dutti, part of Spanish fashion giant Inditex, is launching an European-wide online shop on September 6.