SPAIN: Inditex to invest EUR150m in logistics platform
Inditex has revealed plans to invest EUR150m (US$185m) in a new logistics platform in Guadalajara, Spain.
The company, which operates the Zara and Massimo Dutti chains, has signed a letter of intent to acquire 300,000 square metres to build a 70,000 square metre logistics platform. It expects to create 500 jobs through the move.
Inditex is also in the process of extending its headquarters, investing EUR100m to add 70,000 square metres to the site. The extension will see the site almost double in size and will house product development for Zara and Zara Home.
Additionally, it is investing EUR190m to build a new logistics platform for Massimo Dutti in Tordera and more than EUR60m to extend its other logistics platforms, including its Stradivarius facilities in Sallent de Llobregat, a new storage silo for hanging garments in Zaragoza, and a new silo for folded garments for folded garments for Bershka in Palafolls.
From toxic T-shirts to virtual fitting rooms, defamatory garments and compostable shoes, the clothing and textiles industry in 2012 was anything but dull....
Textile-making countries came up against a range of labour, economic and environmental issues in 2012, including the worsening Eurozone crisis which dampened demand in key export markets. While some s...
Weak consumer spending, difficulties in securing credit, competition from China and the Far East resulted in factory closures and subsequent layoffs in 2012. But ramping up labour and sustainability s...
Apparel company Limited Brands, owner of lingerie brands Victoria's Secret and La Senza, has become the 14th major business to pledge to eliminate all releases of hazardous chemicals throughout its su...
Italian fashion brand Benetton is to eliminate hazardous chemicals from its entire global supply chain and products by 2020....
International apparel retailers are looking to strengthen their presence in lower-tier cities in China amid increasing competition, a report by the Li & Fung Research Centre has found....
- M&S to launch supply chain human rights policy
- Nike reaffirms US production commitment
- VF pushes ahead on chemicals management
- M&S project benefits garment worker health
- Can the Gap brand reclaim its iconic status?
- Myanmar minimum wage set at US$3.2 per day
- China cotton stockpile auction may shake up market
- Far Eastern to invest $323m in Vietnam textile hub
- C&A to add "accurate fit" label to garments
- US retail landscape "mediocre" over next 5 years