• Home
  • Tags
  • ZARA

ZARA news and archive

BusinessFeatured

Zara owner Inditex's profit jumps, sales rise by 17.5 percent

In 2022, Inditex sales reached 32.6 billion euros, up 17.5 percent versus 2021, while sales in constant currencies grew 18 percent. Gross profit for the year increased 17 percent to 18.6 billion euros and gross margin reached 57 percent. EBITDA increased 20 percent to 8.6 billion euros and EBIT 29 percent to 5.5 billion euros. PBT increased 28...

15 Mar 2023

Fashion |In Pictures

Zara launches beauty capsule for children

Zara has unveiled a playful collection of beauty products designed for children designed by British-born makeup artist Diane Kendal. The capsule beauty line is called ‘Mini Artists’ and includes both products and accessories designed to allow children to “push creative self-expression and imagination” through the “exploration of tones, textures...

6 Feb 2023

RetailFeatured

Inditex expands its return fee to home market

Zara parent Inditex since May has been charging online shoppers in select regions for returning unwanted items. On Thursday the group said it would expand the charge to its home base of Spain, one of its core markets. A fee of 1,95 euros will be deducted from a processed refund, unless goods are dropped off at a physical store. The cost of...

2 Feb 2023

Fashion

Global market for pet fashion is growing

Chihuahuas in tuxedos, dachshunds in sweaters, garments for pets are in high demand. In terms of numbers, the market for petwear is forecast to reach 6.3 billion dollars by 2028, rising at a market growth of 4 percent, CAGR. This is but one small aspect of the global market for pet product, which is set to reach 36.89 billion dollars by 2025,...

31 Jan 2023

Business

Zara files lawsuit against Thilikó for copyright infringement

Zara, owned by leading retail group Inditex, has filed a complaint about the Los Angeles-based fashion brand Thilikó, LLC accusing it of copyright infringement, false advertising, and deceptive trade acts under New York state law. According to Zara, the brand misrepresents the origin and source of its clothing and accessories. On January 4, the...

18 Jan 2023

BusinessFeatured

H&M, Zara and Gap among brands found to be unfairly treating Bangladesh suppliers

A new report by Transform Trade has found a number of major high street fashion retailers to be paying and treating their Bangladeshi suppliers “unfairly”. The likes of H&M, Gap, Next, Primark and Zara are among the brands named for paying factories below the cost of production. Entitled ‘Impact of Global Clothing Retailers’ Unfair Practices on...

9 Jan 2023

Business

Zara absorbs Kiddy’s Class as part of Inditex’s simplified structure strategy

As part of Inditex’s strategy to simplify its structure, Zara is said to have absorbed one of the group’s portfolio brands, children’s fashion retailer Kiddy’s Class. According to a filing with the Official Gazette of the Mercantile Registry (Borme), as seen by Fashionnetwork, the transaction involves the “extinction by dissolution without...

22 Dec 2022

BusinessFeatured

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...

14 Dec 2022

Business

Zara launches detergent that reduces textile microfibre shedding

Retail giant Zara has launched a new detergent in partnership with chemical company BASF Home Care, alongside I&I Solutions Europe, which claims to reduce textile microfibre shedding by up to 80 percent. The detergent’s formula was created based on the use of laboratory testing on different textile types and washing conditions. In a release, the...

9 Dec 2022

Retail

Zara to open ‘huge’ flagship in North East’s Metrocentre

Fashion retail giant Zara is set to open a significantly scaled up version of its existing Metrocentre store in the North East of England. Scheduled to open in 2023 with work having already commenced, the new space will be more than double in size once completed, spanning 42,000 square feet over two floors. Located in the retail park’s Red Mall,...

9 Dec 2022

BusinessFeatured

Shein overtakes Zara as most popular fashion brand of 2022

Fast fashion e-tailer Shein has topped a new ranking by money.co.uk as the most popular fashion brand in almost every country in the world. As a new entry to the list, the controversial contender overtook Zara for the top spot, according to data collected by the financial advisory firm over the course of the last 12 months. The research revealed...

2 Dec 2022

Retail |In Pictures Featured

In Pictures: A look into retailers’ new stores in Battersea Power Station

Following a nine billion pound transformation plan, the Battersea Power Station finally opened its doors on October 14, decades after the coal-fired power station was decommissioned as an energy plant. Over its first weekend, the Grade II-listed location reported that over a quarter of a million visitors had descended on the site, which also...

28 Oct 2022