Zara news and archive

61.8 million Zara items are for sale on Vinted: is circular fashion struggling?

With 61.8 million Zara items listed for sale on Vinted, the popular online second-hand platform, a complex picture emerges of fast fashion consumer behaviour and the sustainability efforts within the retail sector. The platform also lists 59.7 million H&M items, 21.8 million Shein pieces, 21 million Primark products and 10.2 million Mango items....

Fashion |Opinion Featured

With 61.8m Zara items on sale at Vinted, is circular fashion in trouble?

The substantial presence of 61.8 million Zara garments on Vinted, the popular online secondhand marketplace, presents a complex picture of consumer behaviour, fast fashion, and sustainability efforts in the retail sector. Similarly, the platform lists 59.7 million H&M items, 21.8 million Shein pieces, 21 million Primark items and 10.2 million...

BusinessFeatured

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...

Retail

Zara to expand live shopping broadcasts to the US, UK and Europe

Zara is set to expand its live shopping broadcasts to the United States, the United Kingdom, and Europe later this year as the retailer’s trial in China continues to gain traction. The Spanish fashion retailer, which is owned by Inditex, is investing in new shopping formats following analyst expectations of a slowdown in sales growth, according...

Business

Inditex strengthens South American market with Zara store in Venezuela

Inditex has made a re-entry into the Venezuelan retail sector with the inauguration of a new Zara store. This move, achieved through a franchise agreement with local partner Grupo Futura, signifies a strong vote of confidence in the country's retail sector following a three-year hiatus and multiple store closures. The Spanish fast fashion giant...

Fashion

World’s largest fashion brands are using tainted cotton, says investigation

Brazil has long been under scrutiny for deforestation of the Amazon rainforest, but new research from Earthsight shows the destruction of the Cerrado biome, a biodiversity hotspot, has largely escaped notice. While efforts to address the Amazon's plight have seen some progress, deforestation rates in the Cerrado are worsening, driven in part by...

Business

Zara owner Inditex workers protest after record profits

Workers at Inditex's Zara and other big name stores protested outside the company shops across Spain on Friday to demand better benefits after the world's biggest fashion retailer reported record profits and raised shareholder payouts. Blowing whistles and waving union flags, around 100 people demonstrated outside the flagship Bershka store on...

BusinessFeatured

Inditex reveals 1.8 billion euro investment plan for 2024/25

Accompanying the publication of its financial results for the FY23, which were once again at record highs, the Inditex Group also announced some of the main levers that will be used to continue to stimulate its growth, both in the short and medium term. These measures include both the launch of a new logistics expansion plan, through 1.8 billion...

BusinessFeatured

Zara-owner Inditex 2023 sales and profit jump

In 2023, Inditex sales grew 10.4 percent to reach 35.9 billion euros with positive development both in stores and online and in all geographical areas and concepts. Sales in constant currency grew 14.1 percent. The company said that store and online sales in constant currency increased 11 percent between February 1 and March 11, 2024 versus the...

Business

Inditex plans to reopen branches in Ukraine

Inditex, the Spanish parent company of popular fashion brands such as Zara, Massimo Dutti, Pull & Bear, Stradivarius and Bershka is planning to gradually reopen its shops in Ukraine from 1 April. Inditex confirmed the plan to FashionUnited on Friday and emphasised that the opening of shops would depend on local market conditions. The safety of...

Background

Plagiarism in fashion: Why is there so much counterfeiting, and is it even allowed?

Trends have always traditionally been dedicated by the runway.The apparel industry looks to runway designs, haute couture as well as ready-to-wear,for inspiration. Designs are reinterpreted for a wider audience or diluted and made more accessible while being sold at ever-lower prices. Source: the article ‘Fashion: from catwalk to closet’ Some...

Business

Inditex plans Lefties brand expansion to compete with fast fashion rivals

Zara owner Inditex is believed to be setting about on a major expansion plan for its low-priced label Lefties in a bid to bulk up against competition from fast fashion rivals. Lefties is understood to be a key part of the Spanish fashion conglomerate’s strategy to bolster its budget ranges, according to Reuters, which said that the brand’s...