Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
In a project led by art director Fabien Baron, the Inditex-owned label is honouring the most iconic pictures lensed by the German photographer with a limited-edition collection whose proceeds will go to the Franca Fund.
The Spanish company is expanding its offering with the launch of its "Active" capsule collection, featuring accessible pieces designed for yoga and meditation, which aim to inspire the brand's community to get moving.
With Covid-19 forcing brands and influencers to take on a more responsible role in relation to consumers, a recent study from Launchmetrics analyses the future of the sector and highlights top quarantine trends.
H&M, Uniqlo, Gap and Starbucks among others have taken measures to deal with the coronavirus outbreak in China, closing several branches in the Wuhan area and, in some cases, elsewhere in the country too.
Inditex continued to go from strength to strength in the latest quarter and first nine months of its financial year as its omnichannel strategy and focus on stores in the best locations paid off for all brands.