Inditex plans 1 billion euros investment to boost sales and profit
Inditex posted a 44 percent decline in its first quarter turnover to 3.3 billion euros. The company said in a statement that the decline was limited to 44 percent despite as many as 88 percent of the group’s stores being closed at some point during the quarter due to the Covid-19 pandemic. The company added that online sales recorded strong...
10 Jun 2020
Zara-parent Inditex postpones dividend, books 287 million euros inventory provision
Inditex Group’s net sales increased by 8 percent in FY19 to 28.29 billion euros (31.14 billion dollars), underpinned by growth across all of its brands and in all of the geographies in which it has a presence. However, the company saw its store and online sales in local currencies decrease by 4.9 percent between February 1 and March 16, 2020,...
18 Mar 2020
Pull & Bear launches Star Wars collaboration ahead of new movie
Pull & Bear is getting cinematic this holiday season. The Inditex-owned brand has released a limited edition capsule collection inspired by Star Wars to coincide with the December 19 theatrical release of the ninth and final installation of the ongoing saga. Available now for purchase in global Pull & Bear stores and through the brand's...
5 Dec 2019
Video: Pull&Bear 'Going Places' campaign AW 19
Harking back to the ‘80s, the metallic, chequered and iridescent trends perfectly define the statement pieces from Pull&Bear. Source: Pull&Bear, YouTube.
6 Aug 2019
Inditex announces sustainability goals for Zara and other brands
At Inditex's Annual General Meeting today, CEO Pablo Isla outlined the company's global sustainability commitments that will be integrated throughout its brands, which include Zara, Pull & Bear, Bershka and Stradivarius. The company's latest batch of sustainability goals will build upon the previous commitments it has made in the 18 years since...
16 Jul 2019