Fashion retailers tackle sustainability at conference Global fashion retailers gathering in Barcelona this week will discuss how they respond to pressure from regulators and consumers to move to more sustainable models … Business • 24 Apr
Inditex heiress sets tone for Zara revamp A year into chairing the world's biggest fashion retailer, Marta Ortega is trying to shake up Zara owner Inditex's fast-fashion image and draw in more … Business • 31 Mar
Fashion retailer H&M posts surprise quarterly profit Fashion retailer H&M reported a surprise operating profit for the December-February period as cost-cutting measures started to bear fruit, despite consumers curbing spending and a … Business • 30 Mar
Zara owner Inditex's profit jump by 27% in 2022 Zara owner Inditex has posted a 27% net profit increase in 2022 as sales exceeded pre-pandemic levels in the first full year since Marta Ortega, … Business • 15 Mar
At the home of Zara, fast and slow fashion collide In Spain's A Coruna, two contrasting fashion business models collide - pitching the growing demands for the clothing industry to become more sustainable against the … Business • 28 Feb
Inditex's 9-month profit jumps as it increases prices Zara owner Inditex has today posted a 24% increase in net profit for the first nine months of its fiscal year, as price rises helped … Business • 14 Dec 22
Zara UK customers offered in-house swap & mend service Zara said today it would launch an in-house service for UK customers to sell pre-owned clothes, repair or donate them, moving the Spanish brand into … Business • 21 Oct 22
H&M sales miss as it struggles to compete with rivals H&M has today reported lower-than-expected quarterly sales as shoppers tighten their belts with energy and food bills soaring and the world's second-biggest fashion retailer struggles … Business • 15 Sep 22
Zara owner Inditex plans autumn price hikes Fashion brand Zara's owner Inditex said today it plans to hike prices again this autumn, as one of the world's top clothes retailers tries to … Business • 14 Sep 22
H&M's sales jump, but investors fret over margins H&M, the world's second-biggest fashion retailer, posted a forecast-beating 17% jump in March to May sales, joining main rival Inditex in reporting a rebound in … Business • 15 Jun 22
Zara-owner's profit up on post-Covid wardrobe renewal Fashion giant Zara's owner Inditex has said its quarterly profit jumped 80% on the back of soaring sales as consumers stuck at home during the … Business • 08 Jun 22
Zara owner Inditex set to benefit from higher prices Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, … Business • 02 Jun 22
Inditex's 2021 net profit more than doubled from 2020 Sales at Zara owner Inditex surged well above pre-Covid levels at the start of its new financial year, though the world's biggest fashion retailer faces … Business • 16 Mar 22
H&M latest sales rise 8%, returning to pre-Covid levels H&M, the world's second-biggest fashion retailer, said today its sales measured in local currencies in the months from September to November matched levels achieved before … Business • 15 Dec 21
Inditex says current season sales ahead of 2019 levels Inditex, the world's biggest fashion retailer, said its sales in recent weeks were up by a third on the same time last year and ahead … Business • 15 Dec 21
Inditex founder's daughter named as new chairman Spanish fashion retailer giant Inditex said today that Marta Ortega, the daughter of its founder, will replace Pablo Isla, who successfully led the company for … Business • 30 Nov 21
Inditex says H1 sales close to pre-Covid levels The owner of fashion brand Zara, Inditex, said today it booked a €1.27 billion profit in the first half of the year as sales approached … Business • 15 Sep 21
H&M lags Inditex in race to regain lost sales The world's two biggest fashion groups are due to unveil quarterly sales figures on Wednesday, with number one Inditex seen back at pre-pandemic levels as … Business • 13 Sep 21
Zara owner Inditex books €421m profit in first quarter Spanish retail giant Inditex reported a first quarter net profit of €421m today, beating analysts' expectations but still a third below pre-pandemic levels in the … Business • 09 Jun 21
Zara owner's net profit falls 70% as Covid hits Zara owner Inditex has forecast healthy sales as soon as lockdowns are lifted, after the coronavirus crisis knocked its net profit to €1.1 billion in … Business • 10 Mar 21
Zara owner Inditex narrows sales decline in Q3 Zara owner Inditex said today that many of its stores were closed or operating with restrictions as a fresh wave of Covid-19 lockdowns hindered the … Business • 15 Dec 20
Zara owner Inditex returns to profit in second quarter Fashion retailer Inditex returned to quarterly profit in the three months from May to July but reported sales down 31% on the same time last … Business • 16 Sep 20
Inditex starts online sales at budget brand Lefties Zara-owner Inditex's little-known budget brand Lefties started online sales in Spain and Portugal today, giving the label a digital advantage over discount fashion chain Primark … Business • 03 Sep 20
Zara owner Inditex books first-ever quarterly loss Zara owner Inditex has today booked its first quarterly loss after the coronavirus crisis forced it to shut almost 90% of its stores in the … Business • 10 Jun 20
Zara owner offers to make scrubs for Spain's hospitals Zara owner Inditex, whose polka dot dress was a high-street sensation in 2019, may soon be stitching hospital scrubs, helping its home country Spain fight … Business • 23 Mar 20
