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11% of Inditex retail outlets in France close in last two years

Alphavalue / Divacons| According to data from Les Echos, analysts note that the physical fashion retail network is shrinking. In the last two years, 11% of physical fashion shops in France have closed. The market fell by 9% in 2022 compared to 2019. Overall, traffic is down by 17%, but the transformation rate is increasing, as is the average basket. According to eMarketer, e-commerce accounted for 14.8% of total retail…

Spain fashion

Fashion Maintains Its Share Of Spain’s GDP At 2.8% In 2019; But A Substantial Impact Is Expected In 2020

Fashion is fundamental to the Spanish economy, by contributing more than 2.6% to GDP in the primary sector. This is only slightly less than the 3.6% from banking and insurance or the 5.8% from construction, according to a joint report from, the Centre for Information on Textiles and Clothing (Cityc) and Accenture. However, the pandemic has sparked big declines in terms of activity, employment, exports and retail sales in the first months of 2020.

FashionWeek2015 TC

FW15: Extreme FX environment is benefitting Europe

BNP Paribas | March 11, 2015 | Fashion companies are showing their prudent confidence, pushing more sales through their stores, pricing, product innovation, digital and self-help. The sector is experiencing a rebound triggered by the ECB’s intervention and the euro weakness.


Zara arrives in New York’s 5th Avenue

NEW YORK | In allegedly the most expensive shopping street in the world, Zara inaugurated Wednesday its new flagship store. Fashionistas, entrepreneurs and journalists attended the Spanish clothing retailer debut, which is their US largest bet so far. The company  bought the real estate property for $324 million and claims the store to be a totally new concept. Would it be worth the money? Hard to say, but the visit of…