Inditex
This coverage examines Inditex’s performance, strategy, and market presence in the UK and globally. Reporting covers store openings and closures, supply chain innovations, sustainability efforts, brand portfolio developments, leadership changes, and financial results. Designed for professionals monitoring fast fashion, global retail operations, and competitive positioning within the apparel sector.
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Jul- 2023 -12 JulyClothing & Shoes
Zara owner accelerates sustainability goals
Inditex, the fashion group that owns Zara, Bershka and Stradivarius, has announced at its annual general meeting that it plans to cut emissions along its value chain by 50% in 2030 to reach net zero emissions by 2040. This comes as CEO Óscar García Maceiras announced the group’s new sustainability…
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Jun- 2023 -7 JuneClothing & Shoes
Zara owner Inditex Q1 sales up by 13% to €7.6bn
Zara owner Inditex has revealed that sales grew 13% in the first three months of 2023 to reach €7.6bn (£6.5bn), as its Spring/Summer collections have been “very well received” by customers. The group reports that sales were also positive in all of its geographical areas and in all brands, with…
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May- 2023 -15 MayNews
Zara relocates to Trinity Leeds for latest flagship store
Zara has recently revealed that it will open its newest flagship store at Trinity Leeds shopping centre, as it upsizes and relocates into the centre from its current location on Briggate. The new 46,000 sq ft store will showcase the latest technological innovations from Zara’s integrated online and physical store…
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Mar- 2023 -15 MarchHigh Street
Zara owner sales jump 17.5% in FY22
Inditex, the parent company of high street retailer Zara, has revealed that sales reached €32.6bn (£28.7bn) in FY22, an increase of 17.5% on the prior year. According to the group, its sales grew 18% in constant currencies across all its key geographical areas both in stores and online. While online…
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Jan- 2023 -26 JanuaryClothing & Shoes
Inditex to double number of disabled employees
Zara owner Inditex has announced plans to double its number of disabled employees within the next two years. The company said it was committed to “boosting the inclusion of people with differing abilities” across its network, aiming to hire over 1,500 professionals. Inditex is targeting having over 2% of its…
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Dec- 2022 -14 DecemberHigh Street
Zara owner sales rise 19% in Q3
Inditex, the parent company of Pull and Bear, Zara and Bershka, saw its sales reach €23.1bn (£19.8bn) in the third quarter this year. This was a 19% increase on the same period last year, while sales in constant currency grew 20%. This comes as traffic and store sales increased over…
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Oct- 2022 -27 OctoberClothing & Shoes
Inditex agrees sale of Russian business
Zara parent company Inditex has reached an agreement for the sale of its business operations within Russia to Daher Group. The news of the company terminating its retail business in Russia comes after Inditex paused its sales within the region on 5 March earlier this year. It is reported that…
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Sep- 2022 -14 SeptemberClothing & Shoes
Zara owner Inditex’s H1 sales hit ‘historic highs’
Zara’s owner, Inditex, has announced its sales, income and EBITDA has reached “historic highs” in the first half of 2022 (H1 FY22), with sales growing 24.5% to €14.8bn (£12.8bn) year-on-year. Sales were positive in all “key” geographical areas, and net income increased 41% to €1.8bn (£1.5bn) while gross profits increased…
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Aug- 2022 -9 AugustNews
House of Zana wins trademark row with Zara
House of Zana has won a trademark battle with fashion giant Zara which sought to change the local boutique’s name. The Darlington-based owner, Amber Kotrri, was told the business was “conceptually identical” and “confusingly similar” for shoppers. In May, Kotrri, told the hearing there was “no likelihood” of confusing the…
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Jun- 2022 -15 JuneHigh Street
H&M Group reports 12% surge in 2022 Q2
The H&M Group has reported that its net sales in local currencies increased by 12% in the second quarter 2022, the period 1 March 2022 to 31 May 2022, compared with the corresponding period last year. Net sales for its fashion business increased by 17% to £4.5bn. The group is…
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