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March 13, 2024
Zara owner Inditex, the worlds biggest fashion retailer, on Wednesday reported its highest-ever profits in 2023 thanks to buoyant sales and its policy of raising prices. Its net profit reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022 ..
March 13, 2024
Zara owner Inditex, the world's biggest fashion retailer, promised shareholders a record dividend on Wednesday after posting its highest-ever profits last year despite a complicated global backdrop.Given the results, the retail giant said it would pay shareholders a dividend of 1.54 euros, a 28 percent increase from 2022, and the highest in the group's history.
March 11, 2024
Despite loud promises at the start of the Russian full-scale invasion in Ukraine, only 372, or 10%, of global companies have completely left the Russian market, the Kyiv School of Economics (KSE) reported on March 7.
March 11, 2024
Unlike other major retailers, Inditex doesn't share the names of its suppliers - a stance that makes investors nervous. Investors are putting pressure onā¦
February 27, 2024
The youngest consumers can't yet drive themselves to the shops. It won't stop them from buying like their millennial parents.
February 22, 2024
Zara owner Inditex, the world's biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and Sweden's H&M to find ways to respond to its budget prices. Zara has become less competitive on price since Inditex started hiking prices at its core brand to protect profit margins from...
February 22, 2024
ZaraĀ ownerĀ Inditex is expanding its low-priced Gen Z-focusedĀ brandĀ Lefties toĀ counterĀ Chinese-founded rivalĀ Shein.
February 22, 2024
Zara has become less competitive on price since Inditex started hikingĀ pricesĀ at its core brand to protect profit margins from inflation and as part of a shift towards moreĀ upmarketĀ customers
February 22, 2024
The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and Swedens H&M to find ways to respond to its budget prices. Zara has become less competitive on price since Inditex started hiking prices at its core brand to protect profit margins from inflation and as part of a shift towards more upmarket customers.
February 20, 2024
Britain’s Got Talent judge Amanda Holden got us excited for warmer days in LK Bennett’s flattering wide-leg trousers - and they're still in stock