
Spanish fashion retailer Zara is to open a new shop at Freehold Raceway, a super-regional mall in New Jersey. A number of retailers will relocate their units to make space for the coveted brand.
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Spanish fashion retailer Zara is to open a new shop at Freehold Raceway, a super-regional mall in New Jersey. A number of retailers will relocate their units to make space for the coveted brand.
The Spanish apparel powerhouse unveils its premier online platform in Thailand on Tuesday, ahead of e-commerce entries into Vietnam and India, later in the year.
Zara is gearing up to open its new flagship store in Madrid on 7 April. It will become the brand’s largest in the world by size.
Contrary to its Swedish competitor H&M, the Spanish group's growth in the last fiscal year was not driven by store openings alone, as comparable sales were up 10%.
This year, spring will once again be rich in floral prints, in head-to-toe looks or in small touches, with mini or extra-large blooms and in multicolored or monochrome shades.
H&M, the world's second largest clothing retailer, posted a surprise drop in sales last month, the first such decline in four years sending its shares 4.5% lower.
The world's biggest clothing retailer, Zara-owner Inditex, reported a 10% jump in annual net profit on Wednesday as strong growth in emerging markets and increased online presence outweighed negative currency effects.
Gap Inc on Tuesday named Mark Breitbard as chief executive of its Banana Republic unit, as the retailer looks to revamp the brand, which has been struggling with sales declines.
The U.S. retailer is officially rolling out stores across Australia, replacing 35 Trade Secret stores in operation along the east coast, which parent company TJX purchased in late 2015.
Arndt Brockmann will be leaving his role as general manager of Esprit Germany after four years with the company. He will hand over the role to Dieter Messner on 10 March.