Bershka Archives - Inside Retail Singapore
Zara growth is slowing substantially and analysts fear worse is to come.
Zara owner Inditex has posted slow like-for-like sales growth due to the unusually warm autumn and adverse currency moves.
Clothing retailer says it would sell products from all its brands on the Internet around the world by 2020.
Surging online sales have boosted Zara parent’s Inditex’s net profit in the past fiscal year by 7 per cent.
Inditex international, which owns Zara, reports a strong performance for its latest nine months.
A Bershka SoHo pop-up which opened its doors this week covers two stories of a previously empty retail space.
First-half revenue rose by 11.5 per cent to US$13.8 billion for Spanish multinational clothing company Inditex Group.
Zara parent Inditex Group sales rose by 12 per cent in its latest trading year, reaching €23.3 billion.
Inditex UK sales growth slowed in the 2015-16 year, dragged down by underperforming smaller brands.