Zara India Clocks Marginal Sales Growth In FY25 As Competition Heats Up
The incremental store openings for Zara continue to be calibrated with a focus on presence only in very high-quality retail spaces
Brands
Companies
Fashion & Lifestyle
Brands
Companies
International
News
Zara Owner Bets On Lefties Growth To Compete With Shein
- by BW Retail World Bureau
- February 23, 2024
The owner of Zara, Inditex, a fast fashion company globally, is expanding its low-cost brand Lefties to compete with Chinese-founded rival Shein. Shein’s rapid growth, as an online marketplace with no physical stores, has created challenges for traditional retailers like Inditex and H&M due to its competitive budget prices. While Zara has faced pressure on […]
Brands
Companies
Finance
News
Retail
H&M To Close 25% Of Spanish Stores, Lay off 588 Workers
- by BW Retail World Bureau
- January 27, 2024
H&M on Friday said that it plans to close down more than a quarter of its stores and lay off as many as 588 workers in Spain, Reuters reported. The company will lay off employees for undisclosed organisational, productive, and economic reasons, according to a joint statement from unions CCOO and UGT. H&M operates 91 […]
Brands
Companies
Fashion & Lifestyle
News
Zara Expands Second-Hand Clothing Service To 15 European Countries
- by BW Retail World Bureau
- December 7, 2023
Zara, the Spanish fashion retailer on Tuesday said that it is scaling to sell, repair pr donate second-hand clothes in some European countries from 12 December as the market for used clothes is growing. The ‘Pre-Owned’ service is currently accessible in the United Kingdom and France via Zara’s physical stores, its online platform, and a […]