Zara On Monday, it removed an advertising campaign featuring limbless mannequins and statues wrapped in white from the cover of its website and its app, after some pro-Palestinian activists called for a boycott of the fashion chain. Inditex, which owns Zara, said the change was part of its normal content update procedure. He did not […]
Tag: Inditex
H&M to stop supplying to Myanmar after allegations of labor abuses
The second largest fashion retailer in the world, H&Mdecided to gradually stop sourcing from Myanmar, as allegations of labor abuses in the country’s garment factories. H&M has become the latest brand to cut ties with suppliers in the country after Inditex, which owns Zara, Primark, Marks & Spencer and others. “After careful consideration, we have […]
Maag, a substitute for Zara in Russia, causes a sensation at its opening
The Maag clothing chain, which replaces the Spanish Zara (Inditex), which sold its business in Russia to the Daher group due to the Russian military campaign in Ukraine, caused a sensation today at the opening of its new store in Moscow. “In Russia we really missed a store like this. It was time”, commented the […]
Goodbye Zara in Russia: they approve the sale of the Inditex business to the Daher group
The Russian government has approved the sale of Inditex’s business in this country to the Daher group, reported the Deputy Minister of Industry and Commerce, Víktor Yevtújov. According to Yevtukhov, quoted by the RBC portal, the new owner will open stores in Russia under the MAAG, DUB, ECRU and VILET brands. The opening of the […]
Record profit for Inditex, owner of Zara, despite war and inflation
The Spanish fashion giant Inditexowner of the brand zaraobtained the highest profit in its history in 2022, despite the impact on its activities of the war in Ukraine and strong inflation. The world leader in mass fashion, run for a year by martha ortegadaughter of billionaire Amancio Ortega, founder of the company, achieved 4.130 million […]
Large textile brands accused of abusive practices in Bangladesh
From Zara to H&M, passing through Next or Primark, major international clothing brands are accused of unfair practices with their suppliers in Bangladesh, such as order cancellations, non-payments or delays, in a study published on Wednesday in London. The study by the Transform Trade association, carried out with the University of Aberdeen and the Center […]
New duo in the leadership of Inditex reinforces the control of the Ortega family
An experienced team of executives should facilitate the change in Inditex’s management next year, when the family of billionaire founder Amancio Ortega will strengthen its control over the company, the world’s largest fashion retail group, according to sources and analysts consulted. Last month the company, owner of the chain Zara, announced that veteran CEO Pablo […]
Marta Ortega, daughter of the founder of Inditex (Zara) will assume the reins of the textile empire
Marta Ortega, the daughter of the billionaire founder of Inditex Amancio Ortega, will assume the presidency of the textile empire in a change of era for the Spanish group that owns Zara. “The Inditex Board of Directors, at the initiative of its president Pablo Isla and its founder Amancio Ortega, has approved the appointment of […]