
On March 17, the Spanish apparel group will inaugurate new facilities at its headquarters in Arteixo (A Coruña), home to the Zara.com studios and staff, and to Zara Man’s central design office.
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On March 17, the Spanish apparel group will inaugurate new facilities at its headquarters in Arteixo (A Coruña), home to the Zara.com studios and staff, and to Zara Man’s central design office.
Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
The revenue of top fashion multinationals plummeted by 21.8% in the first nine months of 2020 because of the pandemic, according to a study published on Wednesday by Italian investment bank Mediobanca.
Uniqlo owner Fast Retailing has hit a milestone in its global ambitions with its value as defined by its share price reaching ¥10.87trn (€85bn) this week, more than any other company in the global clothing sector.
After 32 years, Antonio Abril is leaving the Spanish textile giant to focus on academia, replaced by Oscar García Maceiras, a state attorney from A Coruña and deputy secretary of the board at Banco Santander.
H&M's sales were running only 3% down this autumn until the latest wave of lockdowns forced its stores to close again. But its figures for Q4 and the full year show it's managing fairly well in a tough year.
The world’s biggest fashion retailer may have seen a 14% sales fall in the three months to the end of October, but the company was firmly profitable and remains a powerhouse in global retail.
Zara has radically upsized its presence at Landsec’s giant Bluewater mall in Kent with the 37,000 sq ft space also representing the UK debut for its global flagship concept.
The Trump administration expanded economic pressure on China’s region of Xinjiang, banning cotton imports from a powerful organization that it says uses the forced labor of detained Uighur Muslims.
Digital fashion giant Asos has been busy on two fronts, announcing on Thursday a major new executive appointment and a partnership to launch a new international payments system.