Inditex Archives - Inside Retail Philippines
Inditex international, which owns Zara, reports a strong performance for its latest nine months.
A Bershka SoHo pop-up which opened its doors this week covers two stories of a previously empty retail space.
First-half revenue rose by 11.5 per cent to US$13.8 billion for Spanish multinational clothing company Inditex Group.
Inditex sales measured in constant-currency terms increased by 12.5 per cent in the three months ended June 3.
Faster fashion is seen as the key by Uniqlo owner Fast Retailing in its bid to outpace Zara.
Zara parent Inditex Group sales rose by 12 per cent in its latest trading year, reaching €23.3 billion.
A giant Zara Barcelona store has opened on Placa de Catalunya.
Inditex UK sales growth slowed in the 2015-16 year, dragged down by underperforming smaller brands.
Thai homewares giant Index Living Mall has signed a Philippines partner as its Asian expansion continues.
Index will team up with the Philippines largest retail and mall operator SM Group to run the franchise for the concept for at least five years.
Index managing director Kridchanok Patamasatayasonthi told the Bangkok Post newspaper Index chose the Philippines due to its huge market potential.
“There’s no furniture or furnishings chain like us in the country, just small local and imported fu…