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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Mar- 2022 -9 MarchClothing & Shoes
Mothercare joins retailers in suspending Russian business
Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the wake of the ongoing Ukraine crisis. It comes as major retailers and businesses around the world have all joined in boycotting Russian business in a bid to put increased pressure…
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7 MarchClothing & Shoes
Zara owner Inditex to close all 502 stores in Russia
Inditex, the owner of fashion brands Zara, Pull and Bear and Berksha has announced it is to temporarily close all of its 502 stores located in Russia. One of the largest fashion operators in the world, Inditex has become the latest to cease its operations in the country following the…
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Dec- 2021 -1 DecemberClothing & Shoes
Zara owner names new chairwoman
Zara owner Inditex has announced the appointment of Marta Ortega Pérez, the daughter of the company’s founder, Amancio Ortega, as its newest chairwoman with effect 1 April 2022. Pérez takes over from Pablo Isla who has led the company for 17 years, firstly as deputy chairman and CEO since 2005…
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Nov- 2021 -18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
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Oct- 2021 -21 OctoberSupply Chain
Ikea, Inditex and Amazon sign up to net-zero shipping pledge
Major retailers, Amazon, Ikea and Inditex are among the first to sign up to a first-of-its-kind target to progressively switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. Through a new collaborative, cargo owner-led network facilitated by the Aspen Institute, the move is designed to…
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Sep- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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15 SeptemberClothing & Shoes
Zara owner sees H1 net profits reach £1.08bn
Inditex, the owners of fashion chain Zara, has revealed it has returned to profit following the negative impact of the Covid-19 pandemic, posting net profits of €1.27bn (£1.08bn) for the first half of the year ended 31 July 2021. The high profit intake compares with a previous year’s loss of…
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Jun- 2021 -9 JuneClothing & Shoes
Inditex sees Q1 sales rise 50% to over £4bn
Inditex, the owner of Zara, has announced that its sales soared by 50% to €4.9bn (£4.2bn) in the first quarter of 2021, while online sales rocketed 67% in the same period. Net profit totalled €421m (£362m) in the quarter, up from a loss of €409m (£352m) reported in the first…
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Apr- 2021 -20 AprilClothing & Shoes
Zara to open new flagship store in Cardiff shopping centre
Zara has announced that it will open a new flagship store at St David’s shopping centre in Cardiff this summer. The new 36,500 sq ft store will be located on Upper Grand Arcade, opposite new entrant Morphe Cosmetics (opening this summer), and near BoConcept’s UK debut store concept (opening this…
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Mar- 2021 -15 MarchClothing & Shoes
LionRock capital completes Clarks deal
LionRock Capital has confirmed the completion of its partnership with Clarks, as initially announced on 4 November 2020, which will see it acquire a majority stake in the business for an investment of £100m. The board has also announced the appointment of Victor Herrero as executive chairman and CEO, replacing…
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