Zara

Sustained growth acceleration holds key for Trent stock's recovery

Trent will tender around a 15 per cent stake in Inditex Trent Retail (Zara India) for ₹150 crore at ₹15,422 per share in a buyback

Shopping from Zara, H&M to get costlier: Impact of GST 2.0 on textiles

From Sept 22, clothes and accessories priced above ₹2,500 will face 18% GST, up from 12%, making mid-range brands costlier while GST on lower-priced textiles remain at 5%

Zara founder's global deal spree shields his $104 billion from tax

The Inditex SA founder's family office, Pontegadea, snapped up a five-star Paris hotel, a Florida apartment block and a building on Barcelona's iconic Diagonal Avenue as part of transactions

Nestle to name ex-Zara chief Pablo Isla as next chairman in April 2026

Bulcke, a 70-year-old Belgian and Swiss national who has been chairman of the board since April 2017, joined Nestle in 1979 and served as the company's CEO from 2008 to 2016

Zara's India FY25 sales flat at ₹2,782.06 cr, profit up 23% to ₹299.47 cr

Global fashion brand Zara has flat growth in its India sales as its revenue from operations was at Rs 2,782.06 crore for FY'25, while its profit was up nearly 23 per cent to Rs 299.47 crore, according to the latest annual report of Trent Ltd. Inditex Trent Retail India Private Ltd (ITRIPL), a JV which is engaged in the operation of Zara stores in India, in FY'24 had reported a revenue from operations at Rs 2,768.90 crore and a profit of Rs 243.84 crore. ITRIPL is a JV between Spain's Inditex, which owns luxury fashion brand Zara and Tata Group's retail arm Trent Ltd. Its total income, which includes other income, was up 2.26 per cent to Rs 2,839.50 crore for the financial year ended on March 31, 2025. Zara, which competes with the likes of other foreign brands such as H&M and UNIQLO in India, currently operates 22 stores across 13 cities. A year before, the entity for Zara was operating 23 stores across 12 cities. In FY'25, Trent offloaded its stake in ITRIPL in the buyback offer

After Zara exit, Purple Style Labs leases Mumbai's Ismail Building

The luxury fashion brand will pay a monthly rent of Rs 3 crore for the first year of the lease period

Spanish fashion brand Zara shuts flagship Mumbai store at Hutatma Chowk

Zara, which is part of the Inditex Group, entered the country in 2010 through a joint venture with the Tata Group

Inditex Q3 sales and profit miss estimates; shares drop 5% amid challenges

Inditex reported revenues up 9 per cent in currency-adjusted terms in the six weeks to Dec. 9, which includes key Black Friday sales, slower sales growth than the 14 per cent reported a year ago

Inditex boosts fast fashion flights from India to avoid shipping delays

Apparel retailers, and exporters in general, have increased their use of air freight since insecurity in the Red Sea disrupted global shipping routes

Zara is reopening its shops in this country after a two-year hiatus

Several companies shut their doors in Ukraine as well as Russia two years ago but many of them are now returning

H&M to shut a quarter of Spanish stores and lay off 588 employees

The company will carry out the layoffs for unspecified organizational, productive and economic reasons, unions CCOO and UGT said in a joint statement

Zara yanks ads that some found reminiscent of Israel's war on Hamas in Gaza

The Spanish fashion brand Zara has pulled advertising images that to some appeared to reference Israel's war against Hamas in Gaza. The images for a line of jackets included what the company called unfinished sculptures in a sculptor's studio. But some online critics said one image of a model holding a wrapped-up mannequin resembled someone holding a corpse. Other photos included a mannequin with missing limbs and a figure wrapped in fabric or plastic on the floor, according to news reports. The company apologised in a statement posted on Instagram on Tuesday and said the campaign was conceived in July and photographed in September. Hamas attacked Israeli civilians on October 7, prompting Israel's subsequent invasion of Gaza. Zara said the campaign was created with the sole purpose of showcasing craftmade garments in an artistic context. While acknowledging the offence critics took to the images, the company said these people saw in them something far from what was intended when t

Bangladesh workers' protest: 150 factories shut, cases against 11k workers

Bangladesh's garment workers earn $95 a month as minimum wage and are demanding a minimum wage of $208 a month

Spainish textile major Zara to start production in Bengal from Dec: Mamata

Tempe Grupo Inditex (Zara), a Spain-based textile major, is expected to start production in West Bengal before Christmas, Chief Minister Mamata Banerjee said. The state government would provide 100 acres of concessional land, besides all other support to the company, Banerjee, who is currently in Spain, said. An exciting development is on the horizon! Tempe Grupo Inditex (Zara), a major player in the textile industry, is expanding its operations. They are partnering with private entities to shift manufacturing to West Bengal, with production set to begin before Christmas 2023, Banerjee posted on X on Thursday. The Bengal CM, who is on a 12-day official tour to Spain, held a meeting with the company officials in this regard. Banerjee is hopeful that the venture would help in growth, sustainability, and a prosperous future for West Bengal. During the Bengal Global Business Summit in 2019, a segment titled 'Downstream Polymer and Plastic Industry,' was conceived aligning with our ...

H&M probes Myanmar garment factory abuses after Zara's walkout talk

Other brands continuing to source from Myanmar have also ramped up monitoring of suppliers through field offices enabling them to conduct their own inspections instead of relying on external audits

Zara logs 40.4% revenue growth in India at Rs 2,562 cr, profit up 77.6%

Global fashion brand Zara, has posted a growth of 40.42 per cent in its India revenue at Rs 2,562.50 crore for FY23, according to the latest annual report of Trent Ltd. Its profit was also up 77.66 per cent to Rs 264.30 crore for the financial year ended on March 31, 2023. Inditex Trent Retail India Private Ltd (ITRIPL), a JV which is engaged in the operation of Zara stores in India, in FY22 reported a total income of Rs 1,824.82 crore and a profit of Rs 148.69 crore. "The incremental store openings for Zara continue to be calibrated with focus on presence only in very high-quality retail spaces," it said. ITRIPL is a 51:49 JV between Spain's Inditex, which owns luxury fashion brand Zara and Tata group's retail arm Trent Ltd. Zara, which competes with the likes of other foreign brands such as H&M and UNIQLO in India, operates 20 stores across 11 cities. However, in FY22 the entity was operating 21 stores. Inditex group of Spain has another similar 51:49 JV association with Trent

Mango's sales hit record $2.8 bn sales as Zara's rival expands in US, India

Mango began to increase its presence in India and opened a flagship store in New York in May, one of nine new shops opened in the United States last year and of 119 outlets in all its markets

Zara owner Inditex to transfer Russian business to Lebanese retail

Zara owner Inditex has reached an agreement to sell its Russian business to a Lebanese retail and real estate conglomerate, the Spanish fashion giant said on Tuesday in a statement to the country's competition authorities. The buyer is Daher Group and the potential purchase is pending approval from Russian authorities, Inditex said, without disclosing financial details. Inditex halted its business in Russia on March 5, shortly after Russian President Vladimir Putin ordered the invasion of Ukraine at the end of February. Following other western brands, the fashion retailer closed its 502 shops and stopped online sales. Tuesday's announcement marks the end of Inditex's business in Russia, although the retailer said it would consider returning through a franchise collaboration with Daher if market circumstances changed. The statement to CNMC, the commission that oversees competition in Spain, made no direct reference to the war in Ukraine. The sale agreement includes the transfer of

Zara enters pre-owned clothing biz, offers repair, resale & donation svces

Zara is moving into the business of pre-owned clothing as the Spanish brand starts offering services for repair, resale and donations in the UK

Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango

The company plans to ramp up the store presence across key markets over the coming months