Maria SantosFashion
H&M Shrinks Asian Footprint to 886 Stores as Regional Sales Edge up 4 per Cent
Operating profit rose to SEK 6.04 billion aided by tariff refunds, but regional store numbers fell by 54 locations within nine months.
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Inditex
Every story tagged Inditex on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Inditex
49 stories in this topic
Minjun ParkFashion
Zara Opens 2,100-Square-Metre Flagship Store in Seoul’s Gangnam District
The three-storey location includes the brand’s Zacaffe concept, localized art installations, and automated return kiosks.
Maria SantosFashion
Shein Heads to Hong Kong Listing as Dual-Class Shares Draw Scrutiny
Four co-founders will control 90 per cent of voting rights as the fast-fashion retailer prepares its Hong Kong debut against regulatory probes in Europe and the US.
Aiko TanakaFashion
Inditex, Parent Company of Zara, Leverages In-Store Strategy to Drive Continuous Growth
Inditex, the multinational retailer that owns fashion brands like Zara, Bershka, and Stradivarius, has reported continued growth in its sales, a result attributed to its store-centric strategy. As the largest fashion retailer globally and headquartered in…
Aiko TanakaFashion
Inditex, Zara’s Parent Company, Reports Stellar Sales Boost Across All Brands in Annual Profit Surge
Inditex, the parent company of Zara, has seen considerable increases in its gross and net profits, fueled by robust sales across all its brands. The company’s total net revenue for the fiscal year ending January 31, 2025, climbed 3.2 per cent to €39.9 billion…
Minjun ParkFashion
Inditex’s Oysho Debuts In Philippines With Innovative Retail Concept At Mall Of Asia
Oysho, an activewear brand under the umbrella of Inditex, the same company that owns Zara, has recently made its grand entrance into the Philippine market with a store opening at the Mall of Asia in Manila. A Fresh Concept for Retail Space The newly launched…
Minjun ParkFashion
Inditex’s Budget Brand Lefties Makes A Comeback In France Amid Rising Online Competition
In a recent announcement, the CEO of Inditex, the parent company of renowned fashion brand Zara, revealed plans to expand the company’s budget brand, Lefties, into France. The move is seen as an attempt to appeal to younger consumers and increase competition…
Rajiv MenonFashion
Inditex posts solid nine-month revenue growth
Apparel giant Inditex says its net revenue grew by 7.1 per cent, reaching US$29.04 billion (€27.4 billion) for its first nine months. The company says the results reflect strong growth for its physical stores and online channels. Inditex’s gross profit…
Sarah ChenFashion
Inditex books higher sales across all brands during first half
Zara’s parent, Inditex, booked higher net income and sales across all of its brands during the fiscal first half year. The fashion group’s net income surged 10.1 percent to €5.0 billion (US$5.54 billion) as net sales rose 7.2 percent to €18.1 billion, thanks…
Sarah ChenFashion
Inditex sees higher sales, profit across all brands
Zara owner Inditex on Wednesday beat expectations with a 40% jump in half-year net profit despite the world’s biggest fast fashion company slowing the pace of its price increases. Inditex has widened its lead over Swedish rival H&M this year by delivering…
Aiko TanakaFashion
H&M closes Shanghai flagship after Covid lockdowns
H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that refuse to use Xinjiang cotton. Although it…
Wei ZhangFashion
Inditex eyes online presense and about to close 1200 smaller stores
Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and focusing on an integrated network of large-format stores. Unveiling a strategic plan for the next two years, Inditex executive…
Aiko TanakaFashion
Inditex closing down 800 outlets worldwide
Spanish apparel retailer Inditex has temporarily shuttered almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak. All Inditex locations in its home territory are currently closed for business. Affected stores include Zara,…
Maria SantosFashion
Inditex profit growing faster than sales
Zara parent Inditex profit grew by 12 percent in the first nine months of this year, a rate significantly ahead of sales growth. Sales across its brands, which also include Massimo Dutti, Stradavarius, Bershka and Zara Home, rose 7.5 percent to €19.8 billion.…
Aiko TanakaFashion
Inditex achieves record first-half sales
Zara parent Inditex achieved record revenue and profits during the first half of this year. Net sales rose 7 per cent year on year to €12.82 billion, while net profit rose 10 per cent to €1.55 billion. According to Inditex executive chairman Pablo Isla, the…
Minjun ParkFashion
Zara owner Inditex’s omnichannel strategy helps boost sales
Clothing retailer Inditex has posted record first-quarter sales and a rise in profits helped by the retailer’s push of stitching together its online and physical businesses. The fashion retailer’s online business, which accounts for 12 per cent of its net…