The UK Advertising Standards Authority has ruled Zara’s recent ads irresponsible, citing models whose styling accentuated protruding collarbones and a gaunt appearance
The store's sales were not able to match the exorbitant rentals, a report said.
The controversy emerged when Laura Wilson, a 32-year-old mother of two from Kent, visited a Zara store and noticed t-shirts in the girls' section featuring phrases that she believed carried suggestive connotations. The clothing items displayed statements such as "The Perfect Snack" and "The Strawberry: A small burst of sweet joy" on the front.
Zara sparked a furious backlash on social media where many said it was deliberately poking fun at the violence in Gaza.
Zara's latest ad campaign features model Kristen McMenamy carrying a mannequin covered in white cloth, while other mannequins appeared to be without any limbs. The campaign is part of the brand's Atelier series.
Fashion billionaire Amancio Ortega’s real estate investments recorded a 19% increase in value in 2022, as it expanded into logistics and added luxury apartment buildings.
The property portfolio owned by the Inditex SA founder was valued at €18.1 billion ($20.1 billion) in 2022, up from €15.3 billion in 2021, according to a statement Thursday from Pontegadea, the firm that manages Ortega’s fortune. Ortega’s real estate portfolio is the largest among Europe’s “super-wealthy” individuals.
Zara is being mocked for selling a shirt which reads 'Dilli ki dhoop Dilli. Chawal - elements of voyage.'
The world's biggest fast fashion company reported a better-than-expected 54% rise in net profit of 1.2 billion euros ($1.24 billion) for the first quarter that ended in April, exceeding analysts' average expectations of 980 million euros in a Refinitiv poll.
Zara, the world’s largest fashion brand saw a 40% increase in sales in India in FY23. This despite the fact that it's only opened one retail store in the country in the last 6 years, as opposed to rivals like H&M which have opened over 50 stores in the country in the last few years. So what’s keeping Zara going in a highly competitive retail market? Watch to find out!
BAFTAs 2023: Kate Middleton wore a floor-length white gown from Alexander McQueen with a few changes from the first time she had worn it in 2019
Inditex decided in March to shut its 502 stores in Russia, one of its biggest markets after Spain, accounting for 10 percent of company sales.
Some Israelis posted videos on Twitter showing themselves burning Zara apparel after a local TV station reported that Trimera Brands chairman Joey Schwebel had hosted a roundtable with ultranationalist politician Itamar Ben-Gvir at his home last week.
In FY21, Inditex Trent Retail India Private Ltd (ITRIPL), a JV which is engaged in the operation of Zara stores in India, had reported a net loss of Rs 41 crore and its revenue fell 28.3 per cent to Rs 1,126 crore in the pandemic impacted year.
Besides, the company posted 9.24 percent growth in sales to Rs 1,570.54 crore during the year as against Rs 1,437.87 crore of the previous fiscal.
Inditex said the unusually warm summer in Europe this year helped push sales for the dress
The disappointing margin growth overshadowed strong growth in sales in the first half, buoyed by good summer weather in Europe.
Relaxing local sourcing norms will encourage more retailers, while local producers will be forced to be competitive in the global marketplace of sourcing
The dress went right with some of the key trends this summer, such as prairie silhouette, animal prints, and loose fit
Besides Zara and Massimo Dutti, Spanish fashion firm Inditex also owns fashion brands such as Bershka, Oysho, Pull and Bear, Stradivarius and Uterqüe.
The world's biggest clothing retailer reported profits of 3.44 billion euros ($3.88 billion) on sales of 26.15 billion euros.
"From tomorrow, Zara's global women's, men's and kids collections will be available in a total of 202 markets, underpinned by the integrated store and online platform," the company said in a statement.
Extreme hardship, hunger, deprivation and even fear creates a drive and urge in people to succeed beyond their ultimate imagination, says the author...
The company had received flak earlier for poor working conditions, exploitation of young designers and environmental insensitivity
Zara will offer all its articles that the brand currently offers in the store and at the same price.