Bershka news and archive

Inditex to open first stores in Iraq in 2025

Inditex is adding a new market and will be present in a total of 215 countries by the end of 2025, with the opening of its first stores in Iraq. This was announced by the chief executive officer of Zara's parent company, Óscar García Maceiras, coinciding with the presentation of the company's annual results recorded during its last full year of...

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Inditex in 2024: Transformation, innovation and global challenges

From its position as the parent company of Zara, Zara Home, Massimo Dutti, Oysho, Lefties, Pull&Bear, Stradivarius, and Bershka, the Spanish giant Inditex continues to set the pace with its capacity for innovation and strategic expansion. FashionUnited analyses the key milestones, challenges, and movements that defined 2024 for the group,...

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Inditex set to bring Bershka to India this November

Inditex-owned Bershka is believed to be close to debuting in the Indian market following the success of its sister brands Zara and Massimo Dutti in the region. A source for India Retailing told the industry publication that the brand’s first store is scheduled to open November 1 within the Phoenix Palladium mall in Mumbai. While the media outlet...

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The future of retail and its stores: A new interior design for a new way of shopping

Valencia - In an eminently online moment, in which we can scroll to buy a T-shirt or some sneakers without leaving the sofa, what is the role of traditional stores? To answer this question, FashionUnited looked to industry experts and retail professionals who could elaborate on how the evolving position of the 'store' has changed. Among these...

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Zara owner Inditex records sales and profit growth

In the first quarter of 2024, Zara owner Inditex reported sales growth of 7.1 percent to reach 8.2 billion euros, while sales in constant currency grew 10.6 percent. Gross profit for the quarter increased 7.3 percent to 4.9 billion euros and gross margin reached 60.6 percent, up 13 bps. EBITDA increased 8 percent to 2.4 billion euros and EBIT...

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A year of challenges and negotiations: Analysis of 2023 for Inditex

In addition to being one of the leading companies on a national level, the Spanish fashion multinational Inditex Group is undeniably one of the leading companies on a global scale in the sector, from its position as the parent company of popular fashion brands such as Zara, Massimo Dutti, Pull&Bear, Stradivarius or Bershka. At FashionUnited, we...

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Zara-owner Inditex posts profit growth of 32.5 percent

In the nine month period of 2023, Inditex net income increased 32.5 percent to 4.1 billion euros, while sales grew 11.1 percent to 25.6 billion euros. With autumn/winter collections continuing to be well received by the customers, Inditex saw 14 percent increase in store and online sales in constant currency between November 1 and December 11,...

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Bershka receives brand refresh for 25th anniversary

On the back of a series of rebrandings for brands in its portfolio, Inditex has now turned its attention to Bershka, which is celebrating its 25th anniversary with a refreshed identity and new logo. It is the first time the fast fashion chain is receiving a makeover since its founding in 1998 and comes as it welcomed sales of 2.38 million euros...

Fashion

Bershka unveils digital fashion collection with DressX

Inditex-owned Bershka has further expanded its presence in the metaverse with the launch of a purely digital fashion collection made in collaboration with DressX. The first of its kind of Bershka, the four items are available to “wear” via augmented reality (AR) lens filters and come as part of the high street brand’s holiday campaign ‘Going Out...

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Zara-owner Inditex's nine-month profit jumps

Sales at Inditex reached 23.1 billion euros in the first nine months of 2022, up 19 percent, or up 20 percent in constant currencies. EBITDA in the same period increased 20 percent to 6.5 billion euros, EBIT increased 27 percent to 4.2 billion euros, and PBT increased 25 percent to 4 billion euros. Net income for the period increased 24 percent...

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Zara owner Inditex posts sales and profit growth

In the first half of 2022, Inditex sales reached 14.8 billion euros, up 24.5 percent versus the same period of 2021. Sales in constant currencies grew 25 percent. The company said in a statement that sales were positive in all key geographical areas. Commenting on the company’s performance, Oscar García Maceiras, Inditex CEO said: “The results...

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Bershka, Pull&Bear and Stradivarius close Tmall stores and exit China

Bershka, Pull&Bear and Stradivarius have decided to close up shop in China as their owner Inditex continues to make adaptations to its business model. According to a statement provided to FashionUnited from Inditex, the three fast fashion chains will cease to operate online activity in the region, including through platforms such as Alibaba’s...