Zara news and archive

Zara names Stripe as payments partner for resale platform

Stripe, a financial infrastructure platform for businesses, has been selected as Zara’s payments partner to process all payments for the retailer’s pre-owned clothing marketplace, Zara Pre-Owned. In a statement, Zara said it will use Stripe Connect to move funds between buyers and sellers of pre-owned Zara products. The multi-payment...

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

Zara and Circ team up on recycled polycotton collection

Inditex’s Zara has unveiled a new partnership with textile waste recycling company Circ on a collection utilising recycled polycotton blended textiles. Available in 11 markets, the womenswear capsule features a series of lyocell garments and polyester garments made with 50 percent and 43 percent recycled polycotton textile waste, respectively,...

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...

Business

Russia agrees to Daher’s acquisition of Inditex subsidiary

The Russian government has announced the approval for the sale of New Fashion JSC, formerly Zara CIS, by the Spanish retail group Inditex to Fashion And More Management DMCC. The decision was confirmed to Russian media outlet RBC by the country’s deputy minister of industry and trade Viktor Evtukhov. It comes just over one year after Inditex...

ManagementFeatured

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...

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...

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...

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,...

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...

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...

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...