Zara
Brands Companies Fashion & Lifestyle

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

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Companies Consumer Economy Fashion & Lifestyle Stores

Zara Shuts Down Flagship Mumbai Store With Rs 2.25 Cr Monthly Rent

The reports state that the monthly rent of the store was Rs 2.25 crore with a deposit of Rs 13.5 crore

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Brands consumer Consumer Fashion & Lifestyle News Retail Sector Stores

Zara Faces Slowest Sales Growth in India Amidst Intensifying Competition

Inditex’s joint venture with Tata sees revenue growth slow to 8 per cent, marking a significant decline from previous years Spain’s Inditex, the parent company of the popular fashion brand Zara, experienced its slowest sales growth in India, excluding the pandemic year, during FY24. As the world’s largest fashion group, Inditex faced increasing competition in […]

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Zara Owner Bets On Lefties Growth To Compete With Shein
Brands Companies International News

Zara Owner Bets On Lefties Growth To Compete With Shein

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 […]

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H&M CEO Unexpectedly Resigns, Shares Slide On Sales Woes
Brands Companies News People

H&M CEO Unexpectedly Resigns, Shares Slide On Sales Woes

H&M’s CEO resigned unexpectedly on Wednesday and business veteran Daniel Erver took over with immediate effect, as the Swedish apparel brand battles to increase sales and profitability. Shares in the Swedish fashion store fell 8 per cent after outgoing CEO Helena Helmersson announced her decision to quit the firm after four years in charge, describing the post […]

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Zara Owner Bets On Lefties Growth To Compete With Shein
Brands Companies Fashion & Lifestyle News

Zara Expands Second-Hand Clothing Service To 15 European Countries

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 […]

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