Zara is reportedly considering opening new stores in Ireland despite taking a hit to its sales and profit during the pandemic. The Irish arm of the fast fashion giant swung to a loss of 893,000 euros in its last financial year compared to a profit of 4.5 million euros a year earlier. But despite the loss, the Inditex-owned business is looking to...
Dec 31, 2021
Zara has invested 238 million euros into a new headquarters that will house the Zara sales and design teams within Inditex’s complex in Arteixo. Construction on the new headquarters will begin in January, subject to the necessary permissions, and are expected to last around two years. The new facilities, which are being designed with a focus on...
Dec 24, 2021
Biotechnology firm LanzaTech has revealed the process behind its recycled carbon emissions capsule, made in collaboration with Inditex’s Zara. The designs involve the incorporation of fabric made with carbon emissions, aiding the retailer in avoiding the transmission of those emissions into the atmosphere by using LanzaTech’s trademarked...
Dec 16, 2021
The parent company of fast fashion giant Zara has reported record sales and profit in the third quarter of the year as it continues to recover from the pandemic. In the three months to October 31, sales at Inditex were 21 percent higher than a year earlier at constant currency, and 10 percent higher than 2019 levels. The Spanish group, which...
In this video, Zara has released a trailer for its short holiday film, O Night Divine. Watch the video below. Video: Zara via YouTube Photo credit: Image: Zara via YouTube
Dec 14, 2021
Fashion retailer Zara has launched a new label, Zara Atelier, focusing on “high-end design and exquisite craftsmanship”. Zara Atelier will present two limited tightly-curated collections per year, designed by its in-house team, each focusing on an “elevated, artistic interpretation of an iconic wardrobe staple”. The first capsule collection is...
Dec 9, 2021
As the metaverse continues to expand, more and more fashion brands are throwing themselves into the digital world. Spanish retailer Zara is the most recent to do so, in a collaborative project alongside South Korean fashion brand, Ader Error. The flagship brand of the Inditex Group has come together with Ader Error to launch the AZ Collection, “...
Dec 7, 2021
A new report by Stand.Earth has highlighted how the world’s biggest fashion companies, including, Zara, Nike, Prada, LVMH and Adidas are potential contributors to deforestation in the Amazon rainforest. The cattle industry, which includes the procurement of leather, is the single largest driver of deforestation. Fashion linked to deforestation...
Dec 6, 2021
Reuters has reported that Zara has been denied permission to extend a French store over concerns of sustainability and alleged exploitation of China’s minority Muslim Uyghurs. Zara parent company Inditex said Zara France would appeal the decision. The news was reported by Indian Express. A spokesperson for the town hall of Bordeaux in southwest...
Dec 1, 2021
Inditex, the world’s largest apparel retailer, took the market by surprise when it announced changes at the helm. The departure of Pablo Isla and his replacement with the group’s founder’s daughter, Marta Ortega, as well as new CEO’s appointment dragged the company’s shares and left investors uneasy. On Tuesday, Inditex became the value that...
Nov 30, 2021
Demand for fast fashion around the globe is reaching unprecedented heights. By 2030 the sector will surpass 200 billion dollars, driven by a significant boost over the next five years. The forecast comes from the report ‘Fast fashion global market opportunities and strategies to 2030: Covid-19 Growth and Change’ by Research and Markets in which...
Nov 25, 2021
Louis Vuitton has ranked as the most valuable luxury company in Interbrand’s 2021 Top Global Brands report. The French luxury maison ranks at number 13 and is the only fashion company featured in the top 20. Chanel and Hermès rank as numbers 22 and 23 respectively. The top three spots are taken by tech giants Apple, Amazon and Microsoft. H&M and...
Nov 2, 2021
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