Inditex sales may have risen only 2% in Q1 but it was still a record quarter and without currency exchange effects it would have powered ahead by 7% as both online and stores expansion again proved a winning formula.
Kering's luxury labels may have boosted supply chain transparency but many luxury firms are falling short, Fashion Revolution claims. And the most transparent fashion labels of all? Sports giants Adidas and Reebok.
In fashion, as in finance, there are certain bellwether stocks. Brands whose performance predicts the future. When it comes to clothing, one of these is Massimo Dutti, which staged its debut Paris catwalk show Thursday.
Retail giant Inditex isn’t immune to fashion’s negative trends, but the company is certainly doing better than many, saying Wednesday that net sales in the first nine months of the year were up 10% and profit was up 6%.