Inditex

Zara to upsize shop at Bullring and Grand Central

Zara will significantly upsize its store at Bullring and Grand Central, as part of the repositioning of the Birmingham city…

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Zara to upsize flagship store at Liverpool One

Zara is set to significantly expand its flagship store at Liverpool One later this year. The Inditex-owned brand will be…

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Shein profits clear $2bn mark ahead of IPO

Shein has seen its profits double to over $2bn (£1.6bn) while it waits to launch its IPO in either London…

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Today’s news in brief-13/3/24

Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…

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Zara owner profits surge by 28% in FY23

Zara owner Inditex has welcomed a “very robust” FY23 performance, as profit-before-tax surged 28.2% to €6.9bn (£5.9bn) while sales rose…

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Today’s news in brief-23/2/24

Consumer confidence in the UK dropped by two points to reach -21 in February, according to the GfK index. The…

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Zara owner expands budget brand Lefties in bid to rival Shein

Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast…

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Bullring & Grand Central welcomes new retail openings

Hammerson has announced a flurry of new openings at Bullring and Grand Central, the culmination of a transformational year for…

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Today’s news in brief-13/12/23

Walgreens Boots Alliance (WBA), the US-based parent company of Boots, is reportedly exploring an initial public offering (IPO) on the…

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Inditex sales and profits rise amid strong autumn trading

Fashion retailer Inditex, the owner of Zara, has reported an 11.1% sales increase to €25.6bn (£22bn) for its 2023 nine…

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