Retail news
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Victoria Beckham wins "Best Designer Brand" award
- Posted:
- 29 November 2011 09:51
Victoria Beckham has beaten off a host of rivals to win a top award at a prestigious British fashion event.Decked out in a black halter-neck gown, Mrs Beckham overcame stiff competition from rival high-end clothing names Stella McCartney, Tom Ford and Burberry to take the Best Designer Brand prize at ...read more
New in-store concepts bring stiff competition at Westfield Stratford City
- Posted:
- 19 September 2011 10:19
Westfield Stratford City opened its doors last week and a number of retailers used the opportunity to offer customers a new, interactive in-store experience.Containing more than 300 stores and restaurants, the new east London centre has created over 10,000 new jobs.The space has been chosen by several companies as the ...read more
Inditex bucks trend
- Posted:
- 01 August 2011 10:03
Inditex has posted a sharp increase in profits at its Zara UK division, partly due to a reduction in capital expenditure and the launch of an online shop.Full year profits surged to £15.8 million in the year to January 31st, up from £618,000 the previous year. Sales improved marginally from ...read more
Inditex to focus on India and China to drive future growth
- Posted:
- 25 March 2011 09:53
Zara owner Inditex is to target aggressive expansion in emerging markets including China and India to drive future growth. The announcement accompanied a trading statement which revealed an annual profit bump of 32% to Eu1.73 billion in the year to the end of January.The Spanish group, which operates 55,000 stores ...read more
Inditex sees profits rise
- Posted:
- 16 December 2010 11:23
Inditex SA, the world's largest clothing retailer and owner of the Zara chain, has reported nine-month profit up by 42%. The group said strong demand in Asia and the introduction of online shopping had driven the increase.Net income rose to Eu1.179 billion from Eu831 million a year earlier and above ...read more
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