Targeting Gen Z consumers, the Spanish fashion chain has teamed up with the South Korean fashion collective to launch its first virtual collection, available also physically, another step toward a premium positioning.
Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
The underwear and sportswear chain owned by Inditex has unveiled its first men’s products with a capsule collection for the Oysho Train Together line, with which it recently made its first foray into childrenswear.
In collaboration with British perfume brand Jo Malone, the Inditex-owned label has extended and enhanced its range of cosmetics and perfumes, dropping eight new fragrances inspired by some of the world’s major cities.
French luxury group Kering, Richemont's Cartier, and the Responsible Jewellery Council have teamed up to set environmental targets for watches and jewellery activities, challenging the industry to commit to them too.
The Spanish group has changed the way it operates in these markets, cutting down the number of local subsidiaries from 22 to three. How its brands work will not vary, but the way its sales are recorded will.
H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.