×
79 516
Fashion Jobs
MACY'S
Retail Fulfillment Associate, Louis Joliet - Full Time
Permanent · Joliet
MACY'S
Asset Protection Captain, Del Amo Fashion Center - Full Time
Permanent · Torrance
MACY'S
Asset Protection Detective, Modesto Vintage Fair - Full Time
Permanent · Modesto
MACY'S
Asset Protection Security Guard, Roosevelt Field - Full Time
Permanent · Garden City
MACY'S
Asset Protection Detective, Clackamas Town Center - Full Time
Permanent · Happy Valley
MACY'S
Director, IN Store
Permanent · Braintree
MACY'S
Asset Protection Detective, Fairfield Commons - Full Time
Permanent · Beavercreek
HOMEGOODS
Full Time Brentwood Loss Prevention Detective
Permanent · Brentwood
MARSHALLS
Retail Loss Prevention Detective
Permanent · Vallejo
TJ MAXX
lp Detective
Permanent · Louisville
MARSHALLS
Loss Prevention Detective-Huber Heights
Permanent · Huber Heights
HOMEGOODS
Bilingual Operations Supervisor
Permanent · Lordstown
MARSHALLS
Retail Store Loss Prevention Detective
Permanent · Brockton
TJ MAXX
Tactical Loss Prevention Associate 2/713
Permanent · Somerville
MARSHALLS
Retail Store Loss Prevention Detective
Permanent · Dennis
MARSHALLS
Loss Prevention Detective- Kenwood
Permanent · Cincinnati
MARSHALLS
Retail Store Loss Prevention Detective
Permanent · Canton
TJ MAXX
Loss Prevention Training Specialist
Permanent · Goodyear
MARSHALLS
Retail Store Loss Prevention Detective
Permanent · Barnstable
TJX COMPANIES
Technical Operations Supervisor
Permanent · Framingham
HOMEGOODS
p/t Retail Truck Unloader
Permanent · Carmel
MARSHALLS
70118-lp Detective
Permanent · Hemet
Translated by
Roberta HERRERA
Published
Dec 22, 2022
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Inditex streamlines corporate structure, Zara absorbs Kiddy's Class

Translated by
Roberta HERRERA
Published
Dec 22, 2022

The Inditex group is continuing to streamline its corporate structure. Zara has absorbed Kiddy's Class, its children's fashion chain, as published in the Official Gazette of the Mercantile Registry (Borme).


Zara Spain absorbs Kiddy's Class - Zara Kids - Instagram


The document stated that it is a merger by absorption. The transaction involves the "extinction by dissolution without liquidation" of Kiddy's Class España S.A. and the "transfer en bloc of all its assets and liabilities" to the absorbing company, Zara España S.A., which acquires "by universal succession" the rights and obligations of the absorbed company.

Inditex announced in early 2020 that it would concentrate its efforts in children's fashion on the Zara Kids line, which led to the discontinuation of Massimo Dutti Kids and culminated in this movement registered in the Borme.

Zara's children's line can be found in many of the retailer's stores. Its stand-alone store format counted a total of 53 stores as of October 31, 2022, according to the Galician group's latest quarterly report. Just a few years earlier, at the close of 2018, the Kiddy's Class chain had 128 stores.

The absorption of Kiddy's Class by Zara España is also in line with Inditex's process of reducing its operating structure over the last few years, which resulted in the unification of its subsidiaries in Portugal, Italy and the United Kingdom.

The textile giant announced just a few days ago its third quarter results: in the first nine months of the year, the company posted a profit of 3.09 billion euros, up 24% compared to the same period in 2021. For its part, sales stood at 23.06 billion euros, up 19% year-on-year.

Copyright © 2023 FashionNetwork.com All rights reserved.