All Inditex articles – Page 9
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AnalysisOracle Retail Week Awards: Fashion giant Zara powers ahead globally
Zara’s success story is phenomenal - its global reach, supply chain and product are the envy of many rival retailers. Nick Hughes explains why it won Wipro Technologies International Retailer of the Year.
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NewsZara owner Inditex profits soar 22% in 2012
Zara owner Inditex’s net profits soared 22% to €2.3bn in 2012 as sales jumped 16% to €15.9bn.
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AnalysisAnalysis: Horse meat scandal delivers supply chain lessons
Sarah Butler investigates the supply chain implications after horse DNA was found in burgers and ready meals sold by a number of retailers.
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News
Zara's Inditex Trent posts first half profits
Zara’s Indian business, Inditex Trent, has posted profit in two of the three years it has been in the market. In the first half of 2012, Inditex in India made profits of INR383m (£4.5m) and INR225m (£2.66m) for the previous two financial years, documents filed with the registrar of companies ...
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Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...
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NewsInditex UK boss Patel heads to the US as Italian boss takes over
Inditex UK boss Dilip Patel is to take the reins of the Spanish fashion giant’s fledgling US business as the boss of its Italian arm Lorenzo Marcheselli takes over the UK.
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GalleryIn pictures: Zara's new Oxford Street flagship
Zara is set to open the doors to its new Oxford Street flagship tomorrow, its fourth on the famous shopping street.
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News
Inditex plans 50 to 60 Russian store openings
Spanish clothing retailer Inditex aims to open 50 to 60 stores a year in Russia.The shops will open in major cities, with the first scheduled for 2013 in Vladivostok, in the Russian Far East.Inditex operates 274 stores in Russia at present – 58 under the Zara banner and the remainder ...
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AnalysisInternational analysis: Why Esprit and H&M fail to match Inditex’s growth
It has been a mixed couple of weeks for some of the leading global fashion chains. Inditex continued its stellar performance with half-year profits jumping by almost a third as it sustained growth in sluggish economies in both Western Europe and emerging markets.
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Fashion retailer Uterqüe opens China stores
Inditex-owned fashion retailer Uterqüe has opened its first two stores in China.The openings come as the Spanish fashion giant continues to take advantage of the growing preference for Western fashions in many Asian markets.The first store opened last month in the IFC Mall in Hong Kong. The second is at ...
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AnalysisAnalysis: Why have so few retailers entered Brazil?
As the countdown to the Rio Olympics begins, Rebecca Thomson looks at the country’s retail industry and asks why few UK retailers have ventured into one of the world’s largest economies.
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Zara to launch Chinese online store
Inditex-owned clothing retailer Zara will strengthen its presence in the Asian market with the launch of its online store in China on September 5.The Spanish group’s objective is to consolidate its foothold in China, a market that is already the most important for the retailer outside Europe.
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Inditex to absorb Spanish government-imposed VAT increase
Zara owner Inditex is to absorb the Spanish government-imposed VAT increase from 18% to 21%, so as not to increase prices. In 2010, when VAT rose from 16% to 18%, Inditex also kept prices stable.“With this decision, Inditex maintains its policy of price stability as it has already absorbed a ...
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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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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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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 ...