Zara

Zara owner Inditex misses expectations despite 7% surge in revenues

Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its…

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Today’s news in brief-25/11/24

Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of…

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Zara unveils 51,000sq ft flagship store at Bullring and Grand Central

Fashion retailer Zara has opened a new 51,000sq ft flagship store at Bullring and Grand Central in Birmingham. Part of…

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Reiss to open new store at Metrocentre

Reiss has announced that it will open a new location at Metrocentre shopping destination.  The retailer will open a 3,933…

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What does Shein’s potential IPO mean for the company and its competitors?

Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for…

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UK serial returners to drive £6.6bn in online returns in 2024

The retail sector is currently seeing a surge in the number of ‘serial returns’, with an estimated £6.6bn of online…

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Today’s news in brief-11/9/24

In July 2024, the UK economy saw no growth for the second consecutive month, failing to meet analysts’ expectations of…

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Inditex H1 sales rise by 7.2% to €18bn amid ‘well received’ collections

Zara-owner Inditex has reported a 7.2% year-on-year rise in revenues to €18.1bn (£15.3bn) for the first half of 2024, with…

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Today’s news in brief-6/8/24

UK retail sales saw a slight uptick of 0.5% year-on-year in July, driven by improved performance in food sales and…

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Bangladesh protests to delay clothing manufacturing

Political unrest in Bangladesh is expected to delay clothing manufacturing for fashion retailers such as H&M and Zara in the…

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