Zara Archives - Inside Retail Asia
H&M sales decline 50 per cent in May quarter
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 to close 1200 smaller stores, invest online
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.
Inditex shutters 3800 stores worldwide
Spanish apparel retailer Inditex has temporarily shuttered almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak.
Inditex profit growing faster than sales
Zara parent Inditex profit grew by 12 per cent in the first nine months of this year, a rate significantly ahead of sales growth.
Maiden Uniqlo Vietnam store opens in Ho Chi Minh City
The first Uniqlo Vietnam store opened its doors today, marking the Japanese fast-fashion brand’s sixth market in Southeast Asia.
Bullish on e-commerce, SSI Group takes Zara Philippines online
SSI Group is taking Zara Philippines online, betting on the country’s growing e-commerce market to boost the Spanish fashion brand’s sales.
Consumer attitudes towards sustainability in fashion are changing, says GlobalData
The increasing number of clothing-swap and take-back schemes being implemented by retailers could signify that a change in consumer attitudes about sustainability in fashion is finally occurring.
Debut Uniqlo Vietnam store close to opening
The new Uniqlo Vietnam store will comprise three floors of what is now the Parkson Saigon Tourist Plaza, opposite the Vincom Mall in Ho Chi Minh City.
Zara parent Inditex achieves record first-half sales
Zara parent Inditex achieved record revenue and profits during the first half of this year.
Zara India reports 13 per cent drop in profit
Fashion retailer Zara India has reported a 13.4-per-cent drop in net profit over the last financial year.
India’s Tata Group to launch fast-fashion chain
Zara’s Indian partner Tata Group is launching its own fashionable apparel chain in the territory with prices well below Zara levels.
Zara parent Inditex’s omnichannel strategy helps boost sales
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.