Inditex (ITX.MC) News and Global Fashion & Retail Updates
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Mid-market fashion brands gain ground as luxury pricing strains demand
Years of aggressive price increases are pushing some fashion shoppers away from top-tier labels and toward mid-market apparel brands. That shift is helping retailers such as Uniqlo and Zara ...
Sandra Ortega fortune grows with Inditex stake and family office assets
Sandra Ortega maintains a notably private and understated life in Galicia even as her wealth continues to expand through her holding in Inditex and the assets of her family office. The Spain-based ...
Fast Retailing set to overtake H&M as overseas sales lift annual revenue
Fast Retailing is on course to surpass H&M in annual revenue for the first time as strong demand outside Japan reshapes the Uniqlo owner's business mix. The shift is being driven by faster growth ...
Trent quarterly revenue rises on India fashion demand
India's consumer retail sector continues to show steady demand, supporting sales growth for major apparel chains in the latest quarter. Trent says its standalone revenue rises 23% year on year in ...
H&M founding family builds stake as privatisation speculation grows
H&M faces mounting pressure to revive growth as weak sales and a long slide in its share price keep its turnaround under scrutiny. Against that backdrop, the Persson family has raised its ...
Fashion built to last: Why Zara is not losing momentum
The clothing market is going through a difficult period: consumers are cutting back, while competition between brands is becoming tougher. But Inditex, the owner of Zara, continues to increase ...
Frasers Group eyes Harvey Nichols deal as Ashley warns of mounting turnaround risks
Harvey Nichols is attracting takeover interest as its owner seeks a buyer after years of losses and a weakening luxury retail backdrop. Mike Ashley says the department store chain is now in a ...
Frasers explores Hugo Boss leadership change as takeover bid advances
Frasers Group is pressing ahead with its pursuit of Hugo Boss after lifting its stake above the German threshold that triggers a mandatory offer. The move now extends beyond ownership to possible ...
Frasers raises Hugo Boss stake above German bid threshold
Frasers has increased its holding in Hugo Boss to 30.28%, pushing the British retailer past a regulatory trigger that requires a mandatory takeover bid under German rules. The move deepens ...
