Zara
This coverage explores Zara’s role and strategy within the UK retail sector, highlighting store operations, product launches, marketing initiatives, sustainability efforts, and leadership decisions. Reporting provides insight into how Zara responds to consumer trends and competitive pressures — offering valuable context for executives, managers, and professionals in fashion, merchandising, and retail operations.
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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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10 MarchClothing & Shoes
Inditex profits fall to €1.1bn despite strong online sales
Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m) for the financial year ending 31 January 2021 – as Covid-19 forced many of its stores to close. The retail group revealed that its sales fell 28% to €20.4bn (£17.4bn),…
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May- 2020 -28 MayComment
The time for retail to be re-imagined
2020 has seen retailers experience some of their most challenging times, an unprecedented fall or rise in demand during a global pandemic never before seen on this scale. As retailers grappled with their immediate response to Covid-19, it’s undoubtedly a once in a generation test of business continuity. As retailers…
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Apr- 2020 -14 AprilCoronavirus
Oasis and Warehouse set to call in administrators
Fashion retailers Oasis and Warehouse are reportedly set to appoint administrators, placing around 2,000 jobs at risk. According to Sky News, The Oasis and Warehouse Group, which is owned by Icelandic lender Kaupthing, is set to appoint Deloitte as administrators in the coming days. It comes after a potential sale…
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Mar- 2020 -20 MarchClothing & Shoes
TK Maxx closes UK stores amid Covid-19 virus outbreak
Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the recent outbreak of coronavirus. TK Maxx has announced all stores in the United States, Canada, Europe and Australia have will close for two weeks. The company has also announced it…
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19 MarchClothing & Shoes
Zara closes almost 4,000 stores globally amid coronavirus outbreak
The parent company of Zara has closed almost 4,000 of its stores across the globe amid the recent outbreak of the coronavirus. Inditex warned the pandemic has had a “significant impact” in certain markets resulting in temporary closures of 3,785 of its stores, as the group was forced to close…
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Feb- 2020 -26 FebruaryComment
How to ensure you have a sustainable strategy to deal with returns
Fashion Week is upon us, and, as models and fashion moguls around the world touch down to enjoy four weeks of new looks and trends across the world’s fashion capitals, fast fashion brands and manufacturers from across the globe will be eagerly anticipating the next big thing to recreate for…
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Dec- 2019 -12 DecemberComment
2020 retail predictions
Artificial Intelligence/Machine Learning skills gap Retailers have been recognising the huge value Artificial Intelligence (AI) and Machine Learning (ML) can bring to their supply chains, whether for forecasting demand, setting prices or anticipating disruption. However, the challenges in 2020 will be ensuring they have the in-house skills to take advantage…
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11 DecemberClothing & Shoes
Inditex reveals boost to net sales and profit
The parent company of Zara, Inditex, has posted “strong” trading results for the first nine months of the year. Following a “strong operating performance”, net sales across its brands were €19.8bn (£16.73 bn) marking a year-on-year increase of 7.5%. Net profit for the fashion group, which also owns Massimo Dutti,…
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Sep- 2019 -11 SeptemberHigh Street
Inditex reports record net sales and revenue in H1
Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019. Net sales topped €12.82bn (£11.4bn) for the first time, a year-on-year growth of 7%, for the period from 1 February-31 July 2019. Net profit hit a new record of €1.55bn…
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