Inditex’s Pull&Bear brand is upsizing its presence at Liverpool One to introduce its new 18,1 concept. The larger 10,118 sq ft shop will be situated on upper South John Street and feature an interactive catwalk.
The ex-chief financial officer of Salvatore Ferragamo in the Americas will be tasked with turning around the loss-making fashion brand as its new CFO. His appointment follows the departure of CEO Paolo Riva on Friday.
The Spanish apparel giant is committed to a global transformation strategy aiming for full sustainability by 2025. By 2020, all of its stores will be eco-efficient and will completely eliminate the use of plastic bags.
Nike Inc. announced on Monday it has signed the UN Fashion Industry Charter for Climate Action, committing to a 30 percent reduction in aggregate greenhouse gas emissions by 2030 and net-zero emissions by 2050.
Inditex is another of the big winners in global fashion retail and while its sales and profits increases may not always match analysts’ lofty expectations, it's a consistent performer as it continues to expand globally.