Inditex Archives - Inside Retail Asia
H&M says its sales decline in May was slightly below expectations, and less dramatic than during March and April as stores began to reopen across Asia and Europe.
Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and large-format stores.
In the midst of the coronavirus outbreak, retailers that have displayed strong ethics will be remembered by consumers when normality returns, writes Emily Salter of GlobalData.
Spanish apparel retailer Inditex has temporarily shuttered almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak.
Zara parent Inditex profit grew by 12 per cent in the first nine months of this year, a rate significantly ahead of sales growth.
Zara parent Inditex achieved record revenue and profits during the first half of this year.
Inditex, owner of the Zara and Pull & Bear brands, has achieved record first-quarter sales and profits following efforts to bring its online and offline businesses together.
Massimo Dutti Singapore has launched its sixth store, at Jewel Changi. The Inditex-owned fashion label’s almost 600sqm retail space features the brand’s newest design concept for the first time in Southeast Asia and following the opening of a similar outlet in Munich, Germany. Designed to look like a New York apartment, the new interior design layout expresses the natural evolut…
Zara growth is slowing substantially and analysts fear worse is to come.
Zara owner Inditex has posted slow like-for-like sales growth due to the unusually warm autumn and adverse currency moves.
Zara parent Inditex boosted global sales by 3 per cent in the half year to July 31.
Clothing retailer says it would sell products from all its brands on the Internet around the world by 2020.