Zara

Inditex results

Inditex Enters The Cosmetics Business With Zara Beauty

T.C. | The world leader in the textile sector, Inditex, today announced its foray into the world of cosmetics from Wednesday 12 May, with the launch of a new cosmetics line, Zara Beauty. It “will be integrated as another section and will be available online in all European markets, USA, Canada, China, South Korea, Japan, Mexico, Australia and New Zealand.” Later, it will be incorporated in all countries and have…


Spain is not just an exporting country, but also one which invests abroad

“Spain Is Not Just An Exporting Country, But An Investor Abroad”

Ana Fuentes/Carlos Díaz Güell | “We were a very poor country which in the last 40 years has made a spectacular transformation. Today there are over 150,000 companies which export regularly and have exported at least in the last three years”, explains Carlos Espinosa de los Monteros, High Commissioner for the Spain Brand (Marca España), and privileged observer of the economic reality in Spain and how its business class has evolved over the last few decades.


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Zara And Movistar Amongst The Top 100 Names In Terms Of Brand Value

Zara and Movistar are the only two Spanish companies which appear amongst the top 100 in the world in terms of their brand value, according to the ranking “Brandz Top 100” elaborated by consultancy firms Millward Brown and WPP. Google is top of the list, ahead of technology firm Apple.

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Spanish Zara owner Inditex’s sells more, yet earns less

MADRID | The Corner | The world’s largest clothing retailer Inditex posted a net benefit of €928 million in the first fiscal semester (February 1 to July 31), 2.4% less than a year before due a strong euro, new store openings and renovation costs. And yet, it managed to incresase sales at its more than 6,400 stores rose 5.6 percent to €8.1 billion. The firm, which has outperformed many of its rivals during the economic crisis, will share a dividend of €0.242 euros on Nov 3. 



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Inditex acquires Zara store premises in London’s Oxford street

How to make wife jealous LONDON | Inditex confirmed it has acquired the premises of Zara flagship store at the intersection of Oxford and New Bond streets in London, one of the top fashion retailing destinations worldwide. The 7,000-square-metre property is home to one of the most emblematic Zara stores in the world. The building has 3,155 square metres of prime retail space and 3,855 square metres of prime office…


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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…


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Zara founder buys skyscraper Torre Picasso for €400m

MADRID | Spanish construction company Fomento de Construcciones y Contratas SA (FCC) seeks the strengthening of its financial structure through two real estate divestments and the move to a new headquarters. This week, Pontegadea Inmobiliaria has acquired Torre Picasso to the founder of the Zara boutique chain for €400m; in another transaction, FCC has sold its Balmes (Barcelona) and Federico Salmón (Madrid) buildings for €60m. The process of restructuring the…