Zara (retailer)
Retail
Sears welcomes veteran retail specialist
Sears Canada Inc., the 196-store department store network fighting the GAP, H&M, Zara and many others for market share, has named veteran U.S. retail specialist Steven Goldsmith as executive vice-president of merchandising, apparel and accessories. "He has a broad...
Retail
Founder of Zara owner Inditex bows out as chairman
Spain's richest man, founder of clothing label Zara, stepped down as chairman of his retail empire on Tuesday, ushering in Inditex's 47-year-old chief executive as his successor.
The board backed 75-year-old Chairman Amancio Ortega's decision to hand over to CEO...
Retail
Trent shelves Topshop plan for Zara reach
Plan to open stores for UK clothing retailer scuttled to focus on Spanish brand.Trent, the retail arm of the Tatas, has shelved plans to open stores of UK's Arcadia Group in the country to focus on Spanish fashion brand...
Retail
Phoenix Mills plans for expansion in metros
Mumbai-based Phoenix Mills is planning expansion across India by setting up shopping malls 'Phoenix Market City' in the major cities like Mumbai, Bangalore and Chennai by March 2012.Recently, Phoenix Market City has opened in Pune with a total investment...
Retail
Inditex closes in on top spot
Inditex, owner of the Zara fashion chain, is on the brink of overtaking Sweden’s Hennes & Mauritz to become the world’s most valuable listed fashion retailer, highlighting the companies’ divergent performance over recent months.The Spanish retailer’s market capitalisation briefly...
Retail
Expansion lifts profit at Inditex
Inditex SA posted a 10 per cent rise in net profit for its first quarter, as the world's largest fashion retailer and owner of the fast-growing Zara chain continued its rapid international expansion away from its Spanish home market....
Retail
Discounts erode retailers’ bottom line
The lacklustre start to the sales season has failed to provide any relief from the "deflationary spiral" hitting major retailers. And industry experts said yesterday the culture of discount and counter-discount was driving customers away at a time when...
Retail
Zara opens store at DLF Promenade
Spanish fast-fashion retailer Zara has opened a store at DLF Promenade mall in Delhi. Spread over an area of 33,000 sq.ft, this is the retailer's second outlet in Delhi, the first store was opened almost a month ago in...
Retail
“Indigenisation has always been in focus at Koutons”
Great fashion at an affordable price – the vision that drove Koutons Retail India Ltd. from a relatively small beginning to becoming a dominant player in the branded menswear category in the India. The man behind...
Retail
Building strong retail brands in a downturn
The current slowdown in the macro economic environment has cast its shadow over retail as well, and with consumers increasingly becoming, what I call the three D’s – Discretionary (buying less) , Discerning (choosy) and Demanding (bargain hunting) –...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn
Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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