Zara
Zara will introduce a service in the United States by the end of October for selling, repairing, or donating secondhand clothes. This initiative, announced by its owner Inditex, aims to extend the life cycle of garments...
Neville Tata has taken charge of Star Bazaar, heralding the rise of the next generation within the Tata Group. Star Bazaar, the hypermarket division of Trent Ltd, is part of the Tata Group's retail portfolio.Nev͏ill͏e, the...
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Zara’s parent company Inditex to launch Bershka in India this year with first store in Mumbai
Inditex ͏is se͏͏t ͏t͏o ͏u͏nv͏eil͏ it͏͏s you͏t͏h ͏fas͏h͏ion ͏͏͏bra͏n͏d, Bershka,͏ ͏i͏n In͏d͏͏ia͏ ͏o͏n͏͏ ͏No͏v͏emb͏e͏r 1͏s͏t, wit͏h͏͏͏ ͏i͏t͏s ͏first stor͏e͏͏ lo͏͏c͏a͏͏ted͏ at Mumbai's͏ ͏͏͏Phoenix͏ Pall͏adi͏u͏m͏...
Zara’s parent company Inditex reports slowing quarterly sales growth
Inditex, the parent company of Zara, saw a 7% increase in sales during the first quarter of its fiscal year, in line with analysts'...
Retail sales growth slows down as India’s revenge shopping fades
After a surge in spending across various segments—from clothing to automobiles—driven by revenge shopping in the post-pandemic period, India's retail sales growth is now...
Zara’s growth slows as competition swells in India’s fashion market
Inditex, the Spanish conglomerate behind the renowned fashion label Zara, experienced its most sluggish sales expansion in India during FY24, excluding the pandemic-affected year....
Indian ethnic wear market struggles amid rise of fast fashion trends
Danish fashion giant Bestseller has announced the closure of its Indian ethnic wear label, Indifusion, acquired three years ago. This decision comes amidst increasing...
Zara expands presence in Gujarat with grand opening of flagship store in Ahmedabad’s Palladium Mall
Global fashion brand Zara has unveiled its first store in Ahmedabad, Gujarat, located at Palladium Ahmedabad.Covering 27,000 square feet, this marks the brand's second...
Zara’s parent company Inditex strengthens Lefties brand to compete with Shein
Inditex, the parent company of Zara and the largest publicly traded fast fashion corporation globally, is expanding its budget-friendly brand, Lefties, targeting Generation Z,...
Retail boom in tier-2 Indian cities: Global brands and local players invest heavily as economic growth spurs consumption hubs
With the increasing affluence of wider strata in Indian society, retailers are channeling significant investments into tier-2 cities. This is driven by the rapid...
Myntra navigates retail slowdown with over one new international brand weekly, records 25% revenue growth in FY23
Myntra, the online fashion retailer, said that it has been consistently integrating over one new international apparel, beauty, and lifestyle brand each week, on...
Global apparel and fast fashion giants buck trend with 40-60% sales surge among young consumers in FY23
Leading global apparel and fast fashion brands seem to have resonated strongly with the younger demographic, achieving sales growth ranging from 40% to 60%...
Fashion giant Mango sets sights on 500 new stores in global expansion strategy by 2026
Spanish fashion giant Mango has announced ambitious plans to establish 500 new stores by 2026, strategically targeting key markets like the United States, Canada,...