Positive news for giant retail landlord Landsec. The UK’s largest commercial property firm said Friday it has made “good progress” on rent collections following over a year of widespread pandemic-induced disruption.
A new billion-pound shopping centre has been hit by flash flooding only days after it officially opened. The St James Quarter in Edinburgh was damaged at the weekend after Scotland’s capital suffered very heavy rain.
French magistrates have opened an inquiry into allegations four fashion groups including Uniqlo and the owner of Zara profited from forced labour of the Uyghur minority in China, a judicial source said Thursday.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
As flagships go, Zara’s tend to be really big. And the Inditex star brand’s latest is no exception. The new store in the St David’s mall in Cardiff, which opened this week, measures 36,500 square feet.
Retailers and unions negotiating over a legally binding workers' safety accord in Bangladesh due to expire on Monday reached a tentative deal to extend it by three months, unions involved in discussions said.
Mexico has blasted major clothing brands Zara, Anthropologie and Patowl for using patterns and other elements of Mexican indigenous textiles in their collections without permission, the ministry of culture said Friday.