Inditex news and archive

Zara owner Inditex posts jump in H1 profit, sales

Spanish fashion giant Inditex has reported robust revenue growth and a 40 percent increase in profit in the first half, ahead of expectations. The group, whose portfolio includes brands Zara, Massimo Dutti, and Pull & Bear, generated revenue of 16.9 billion euros in H1, up 13.5 percent from the same period a year earlier, with the group citing “...

Fashion

Zara launches pre-owned platform in France

Spanish fashion giant Zara, part of the Inditex group, is set to expand its offering of selling, repairing, or donating second-hand clothing in France. The service, which launches on 7 September, is available through Zara's physical stores, its official website, and its mobile app, has already been successfully rolled out to shoppers in the UK...

Fashion

H&M says it will ‘phase out’ sourcing from Myanmar suppliers

H&M has decided to cease its garment production in Myanmar amid concerns about labour abuses in its supplier factories. The company announced its intention to gradually phase out operations in the country, following the lead of other retailers like Inditex, Primark, and M&S, which have also disengaged due to ongoing reports of mistreatment....

Business

Inditex to make 'gradual' exit from Myanmar

Inditex, the parent company of Zara, Zara Home, Pull & Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, will no longer source clothes from Myanmar, an Inditex spokesperson has said. The fashion giant is halting purchases as a result of a campaign by global labour union IndustriALL to persuade companies not to invest in the country...

Fashion |Opinion Featured

H&M is no stranger to copying designs, so why sue Shein?

In 2013, one prominent high street retailer, H&M, faced allegations of unashamedly replicating the latest catwalk trends with near literal translations for its collections. The copies included a white cropped Balenciaga bustier with identical slits, a black Celine 'Sable' dress featuring a recognizable deep V-neck woven with mesh fabric, and a...

BusinessFeatured

Zara owner Inditex sets plans towards a more sustainable model

Spanish retail group Inditex, which includes fashion brands Zara, Pull&Bear, and Stradivarius, has set ambitious sustainability targets at its annual general meeting, including a goal to reach net zero carbon emissions by 2040. At the AGM, which took place on July 11, Inditex chief executive Óscar García Maceiras said the group would focus on...

Business

Inditex believed to be making Myanmar exit

Spanish fast fashion giant Inditex is understood to have outlined an exit plan from Myanmar in response to calls made by global trade union IndustriALL for fashion brands to cease production in the country. The Zara-owner is reportedly looking to reduce the number of active Myanmar-based manufacturers, according to Sourcing Journal, which cited...

Business

Inditex and Jeanologia develop Air Fiber Washer to reduce microfibre shedding

Spanish fashion retailer Inditex and Spanish finishing specialist for sustainable clothing Jeanologia have developed the first industrial air system designed to extract microfibers during garment manufacturing and thus reduce subsequent shedding in domestic laundering. Called the ‘Air Fiber Washer,’ the new system extracts up to 60 percent of...

BusinessFeatured

Zara-owner Inditex reports sales and profit growth

Inditex sales grew 13 percent in the first quarter to 7.6 billion euros, showing positive development both in stores and online. Sales in constant currency grew 15 percent. The company said in its Q1 interim results that sales were positive in all geographical areas and in all concepts. In the first quarter, Inditex opened stores in 17 markets...

Business

France drops fashion group probe over Uyghur labour

French magistrates have dropped a probe into allegations four fashion groups profited from forced labour of the Uyghur minority in China, prosecutors said Thursday. The national anti-terror prosecutor's office in Paris, which looks into purported crimes against humanity, said it had halted the investigation. The plaintiffs' lawyer William...

Business |Background Featured

Fashion dynasties: Nepo baby or deserving successor?

Fashion is all about a network of connections, but what if they don't have to be forged, and are instead inherited? In the past few months, the internet has come to recognise that Hollywood is a breeding ground, not just for good looks, but for privilege. While the concept and the debate it sparked is not particularly groundbreaking, the...

Culture

Zara enters publishing together with Wallpaper magazine

Spanish fast fashion brand Zara, part of the Inditex group, is venturing into a new area: Together with British magazine Wallpaper, which specialises in design, architecture, fashion, travel, art and lifestyle, it has launched a 300-page coffee table book titled “Where to now”. It is actually a box set of five photography books for “would be...