Zara 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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Fashion’s billion-dollar dividends, Zara owner cashes in

Inditex’s largest shareholder, Amancio Ortega, is set to receive a record dividend payout of 3.1 billion euros this year, according to Bloomberg. As the owner of a fifty-nine percent stake in the retail giant, the Zara founder has benefitted from a nine percent increase in shareholder returns. While billion-dollar dividends remain a rarity in...

Retail

Simon Property to transform Smith Haven Mall

Simon Property, which owns shopping, dining, entertainment and mixed-use destinations across North America, Europe and Asia, has announced a multi-million-dollar investment project at Smith Haven Mall on Long Island. Located in Lake Grove and St. James, New York, the Smith Haven Mall is the main shopping destination for Long Island and currently...

Fashion

Zara and Samuel Ross start long-term design collaboration

Fashion chain Zara, which belongs to the Spanish fashion group Inditex, has started a collaboration with the British fashion designer Samuel Ross. This is not a one-off partnership, but rather an "ongoing, multi-part design dialogue," Zara said in a statement on Thursday. The collection, called SR_A (Samuel Ross Atelier), is a menswear capsule...

Retail|ANALYSIS Featured

The future of fashion is interdisciplinary: What is transforming business models in the industry?

On Wednesday, Primark announced that it will open its first store dedicated exclusively to its Primark Home line in March in Ireland, the company's country of origin. This step forward in the brand's diversification strategy consolidates an increasingly established trend among the major leaders in the fashion industry: expanding their presence...

Retail|In Pictures

In Pictures: Zara opens upsized Liverpool One store

Inditex-owned Zara has unveiled an upsized flagship store in Liverpool One. The 42,000 square foot space is a 55 percent increase of its former capacity, and will now house a larger selection of menswear, womenswear and childrenswear across its two floors. In a release, Liverpool One said the flagship places the “customer experience at the...

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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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Zara owner Inditex posts sales and profit growth

In the nine month period, Zara owner Inditex recorded sales growth of 7.1 percent to reach 27.4 billion euros. The Spanish group, who also owns other brands such as Massimo Dutti, Pull & Bear and Bershka reported gross profit increase of 7.2 percent to 16.3 billion euros, while gross margin reached 59.4 percent, up 4 bps. The company said in a...

Fashion |In Pictures

Zara unveils its debut collection with Kate Moss

Spanish fashion retailer Zara has unveiled its highly anticipated collection with Kate Moss, designed by the supermodel with her long-term collaborator and stylist Katy England, which launches on November 30. The ‘Kate Moss for Zara’ debut “party capsule” collection for autumn/winter 2025 offers fashion inspired by the supermodel's wardrobe,...

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Inditex's challenge: Can it continue selling more while polluting less?

Recent reports by Reuters have accused Spanish fashion giant Inditex of increasing air freight shipments from its supplier factories in India to its logistics centres in Spain by as much as 70 percent. This increase in air freight, and its associated environmental impact, calls into question the company's ability to continue growing and...

Retail

Zara to offer second hand clothes in U.S. market

Inditex's flagship brand Zara is set to launch its Pre-Owned platform in the United States by late October, as revealed in the company's half-year earnings report. This initiative, which allows customers to sell, donate, or repair secondhand clothing, aligns with a broader industry trend towards circular fashion models. The expansion comes...

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Zara-owner Inditex posts sales and profit growth

In the first half period, Inditex recorded sales growth of 7.2 percent to reach 18.1 billion euros, showing a positive development both in stores and online. Sales were positive across all concepts. Sales in constant currency grew by 10.2 percent. Commenting on the first half trading Óscar García Maceiras, Inditex CEO said in a statement: “The...