Targeting Gen Z consumers, the Spanish fashion chain has teamed up with the South Korean fashion collective to launch its first virtual collection, available also physically, another step toward a premium positioning.
Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
Coinciding with the presentation of the group’s Q1 results, Inditex has announced the “voluntary resignation” of its deputy CEO Ramón Reñón, who bids farewell to the Spanish group after almost 30 years.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
The association between the Madrid fashion label and the German designer, named creative director to replace Josep Font in 2018, has come to an end, without Huelle’s first collection seeing the light of day.
Rapid antigen tests and 30% less capacity characterised the second edition of the Madrid fashion week to be held in hybrid format, a yearning for celebration mixing with calls for women’s rights and guest politicians.