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Ethical Sourcing: How fast fashion giant H&M is setting an example in the wake of the COVID-19 crisis

At a time when an increasing number of fashion bigwigs are cancelling orders to the tune of billions of dollars, H&M has set an example by standing in solidarity with its supply chain partners in Bangladesh. "We will stand by...

Coronavirus unravels clothing supply chains, says GlobalData

Clothing supply chains are unravelling fast as the fallout from the novel coronavirus (COVID-19) outbreak hits retailers and manufacturers across the world, writes GlobalData. From initial concerns over the disruption to deliveries of clothing from China, where the outbreak began,...

Inditex to elevate Carlos Crespo as CEO

Zara owner Inditex SA promoted Carlos Crespo to chief executive officer, naming an insider to spearhead the fast-fashion giant’s push into e-commerce. As Chief Operating Officer, Crespo oversaw the integration of the company’s online and physical stores with features like...

Arvind Ltd: Leading the way in innovation and sustainability

Sustainability is a crucial issue in the denim industry; and in the wake of increasing environmental awareness among consumers, the blue fabric has been subjected to tremendous innovation in the recent years. In an exclusive feature, Aamir Akhtar, CEO,...

Top 10 largest apparel companies worldwide in 2018

Forbes has released the 16th annual Forbes Global 2000 edition which lists the top 10 largest apparel retail companies in the world. The list includes publicly-traded companies from 60 countries and has been complied using data from FactSet Research systems...

JV with Zara is not a long term strategic investment: Trent

Tata group firm Trent has said its joint venture with Spain's Inditex for Zara brand is not a "long term strategic investment " integral to its other retail operations but is only a financial investment. According to a PTI report:...

Zara to launch online shop in India on Oct 4

Zara owner Inditex SA, the world’s largest fashion retailer has announced the launch of its online shop in India on Facebook. The post by Zara on Facebook reads, "Dear India, our online shop is opening on October 4." Zara’s plan to...

Zara founder Amancio Ortega beats Bill Gates to become world's richest man

Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person on the planet, with a US $200 million edge over previous leader Bill Gates, Forbes reported. Ortega, 81, founder of Zara parent Inditex S.A. and Europe’s wealthiest...

Inditex profit jumps 18 per cent as sales soar

Inditex, the world's biggest fashion retailer, has reported 18 per cent surge to €654 million for the first quarter, as sales rose by 14 per cent to €5.5 billion. The Spanish group, which owns eight retail chains including Zara, said...

Zara opens biggest highstreet store in Mumbai; to foray into e-commerce by year-end

Global fast-fashion retailer Zara has opened its largest stand-alone highstreet store in the city and will also foray into e-commerce by the end of this year, a senior company official said. "We expect to launch online sales in India by...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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