SPAIN: Zara To Float Next Spring
Amancio Ortega Gaona, the reclusive Spanish billionaire, is to float Inditex, the parent company of the 1,027 store Zara fashion chain next Spring, the Evening Standard reported yesterday. The UK, along with Germany, is his new target for expansion. Zara has a rare acumen for the tricky business of fashion retail - while rivals struggle to stock four new collections a year, Zara takes less than three weeks to analyse store feedback, create new designs and deliver them to its outlets. This speedy response to fickle demand has allowed Inditex to double its sales to e2.03bn ($bn) over the past four years and generate operating profit margins of 15 per cent.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Trump and the apparel industry – Infographic
- How US border adjustment tax could affect apparel
- British Brexit plans prioritise tariff-free trade
- $1.7bn package to boost Pakistan clothing exports
- Mexico riots hit apparel retailers and shipments
- Cambodia clothing exports at risk from Brexit
- Apparel brands urge Bangladesh PM to address wages
- MAS Holdings planning second industrial park
- American Apparel to shutter all stores?
- Better compliance "crucial" for Bangladesh growth
- Outdoor performance apparel 2016: A broader perspective
- Anti-odour clothing: fresh fashion for an active lifestyle
- Global apparel markets: product developments and innovations, October 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022