Zara news and archive

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...

Retail

Inditex temporarily closes stores in Algeria

Madrid – With less than a week to go until Inditex reports on the company's performance during the third quarter of its current 2024 fiscal year, temporary store closures led some to conclude that the Spanish fashion multinational was preparing to exit Algeria. This is far from the truth, as Inditex has assured FashionUnited. At the heart of the...

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,...

BusinessFeatured

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...

BusinessFeatured

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...

Fashion

Zara partners with Stefano Pilati for new co-ed collection

Zara is teaming up with seasoned designer Stefano Pilati for a new collaboration. Dubbed a co-ed range by WWD, the former Yves Saint Laurent and Zegna creative director is expected to launch a range of 50 styles for men and 30 for women. Pilati, who founded the Berlin-based brand Random Identities in 2017, was one of the first designer to...

Fashion |Opinion

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...