Pull & Bear Archives - Inside Retail Asia
Zara growth is slowing substantially and analysts fear worse is to come.
Clothing retailer says it would sell products from all its brands on the Internet around the world by 2020.
Surging online sales have boosted Zara parent’s Inditex’s net profit in the past fiscal year by 7 per cent.
Inditex international, which owns Zara, reports a strong performance for its latest nine months.
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.
Inditex UK sales growth slowed in the 2015-16 year, dragged down by underperforming smaller brands.
Dozens of global brands yet to enter the Chinese market are among 100 retailers attending next week’s Retail Real Estate Market.
Spanish-based global fashion retailer Inditex has posted a staffer 28 per cent increase in net income in its first quarter financials.
Inditex-owned brand Oysho is ramping up its presence in Asia with a new store in Shanghai. The store at Nanjing West Rd is the brand’s first in Shanghai. It offers lingerie as well as outerwear and informal loungewear. Oysho, founded in 2001, has 37 stores across China and 533 worldwide. Parent company Inditex also operates brands Zara, Pull & Bear, Massimo Dutti, Bershka, Stardivarius, Zara home and Uterque.
French cosmetics retailer Sephora is to debut in Thailand this year. Sephora will open a 650 sqm store at the newly renovated Siam Center in Bangkok in two months. The store will offer more than 1500 products and will introduce new cosmetics brands to the country. Joining Sephora will be US lingerie retailer Victoria’s Secret which will also debut at Siam Center. So will Spanish clothing and accessories retailer Pull & Bear, one of Inditex’s brands, which will open a 550 sqm stor…