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In 1991, Inditex created the company Pull and Bear, a casual menswear company. [19] [20] Later that year, the company also acquired a 65 per cent share in the upscale Massimo Dutti brand. Inditex created Lefties in 1993; the name is taken from the term leftovers and it was created to sell old Zara clothing. [21]
Inditex, the world's largest clothing retailer and owner of the Zara chain, said on Tuesday it would sell products from all its brands on the Internet around the world by 2020, including in ...
Alibaba Group New Retail & Direct Sales: Department store 24,718 ... Hong Kong: 43 Système U: Supermarket 24,435 ... Rungis France: 44 Metro AG: Cash & carry/Warehouse club 24,277 1.8%: Düsseldorf Germany: 45 Inditex: Apparel/Footwear specialty 23,431 5.4%: Arteixo Spain: 46 Ceconomy: Electronics specialty 23,310 -1.0%: Düsseldorf Germany ...
LONDON — Inditex is supersizing its business as sales gather momentum post-Omicron, and consumer confidence returns despite rising retail prices. The Spanish fast-fashion giant, parent of brands ...
PARIS — Zara owner Inditex reported sales are improving despite ongoing store closures in key markets, but its end-of-year performance fell below analyst expectations. Sales were down 4 percent ...
In 2022, about 1,000 shop assistants who work at Zara and other fashion brands owned by Inditex went on strike on Black Friday in the company's home town in northern Spain to demand better salaries. [89] Prior to a second strike, Inditex, Zara's parent company, has agreed to pay 322 euros more per month to shop assistants from 44 stores.
Sales rose 36% to 6.7 billion euros, surpassing pre-pandemic levels, while its gross margin hit a 10-year high. ... Fashion giant Zara's owner Inditex reported an 80% jump in first-quarter profit ...
It is part of the Spanish Inditex group (which also owns brands such as Zara, Massimo Dutti, Pull&Bear, Oysho, Uterqüe, Stradivarius and Zara Home). [2] The company was created in April 1998 as a new store and 'fast-fashion' concept, aimed at a young target market. As of January 2022, Bershka has over 852 stores in 74 countries.