Zara
Retail
H&M same-store sales sag amid weak European sentiment
Swedish budget fashion giant Hennes & Mauritz posted a 4 per cent drop in sales in local currencies at established stores in June, in line with market expectations amid weak European consumer sentiment. Analysts had expected a 4.3 per...
Retail
Debenhams on expansion spree in India
With just one store in India, UK based departmental chain Debenhams has so far failed to make much of a fashion statement here. But, Debenham's Indian partner - Planet Retail, hopes that its new business plan will not just...
Fashion & Lifestyle
Innovation: Fashion in Creative Economy
Innovation is the ‘buzz word’ today. It takes more everyday to not only survive in the market but also to offer new products that sometimes are purely aesthetic and at others, need of the hour. India, in the next...
Retail
Zara to launch online stores
Spanish fast fashion retailer Zara is set to launch a series of online stores throughout Austria, Belgium, Ireland, Luxembourg and the Netherlands. The retailer already has online stores in France, Germany, Portugal, Italy, Spain and the UK.The company says...
Retail
Inditex H1 net sales up 14 per cent at €5,525 mn
Inditex Group has reported a 14 per cent growth in net sales, at €5,525 million, for the first half of fiscal 2010 (from February 1-July 31). During the period, gross profit grew 22 per cent to €3,279 million, leaving...
Retail
Pacific Mall, Delhi signs big retailers as anchors
Pacific Mall in Rajouri Garden, Delhi, has signed retailers such as Lifestyle, Zara, Mango, Charles & Keith, Tommy Hilfiger, Promod, Nine West and Gant as its anchors. Spar will also open a 60,000 sq.ft store at Pacific Mall, on...
Retail
Zara set to open at Select Citywalk on May 28
The much-awaited Spanish fast fashion retailer Zara is set to open its first outlet in India at Select Citywalk mall, Delhi, on May 28. The store will be spread over an area of 16,000 sq.ft.Tata Group's retail arm Trent...
Retail
Palladium Mall is 100 per cent leased out
Mumbai's newest upscale shopping centre, Palladium Mall, has has been completely leased out, according to its developer The Phoenix Mills Ltd. The property is spread over an area of 300,000 square feet with occupiers including major power brands such...
Retail
Inditex’s net sales rise to Euro 7,759 mn
Inditex increased its year-on-year net sales by 6% in the first nine months of its 2009 fiscal year – which runs from February 1st to October 31st – to 7,759 million euros. Sales in local currencies rose by 8%....
Retail
Zara opens its largest United States store in Chicago
The Inditex Group’s flagship fashion retailer, Zara, opened its first store in Chicago, Illinois at 700 N. Michigan Avenue, a prime shopping destination on the city’s Magnificent Mile on October 30th. The store, with a space measuring more than...
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Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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