Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
In a project led by art director Fabien Baron, the Inditex-owned label is honouring the most iconic pictures lensed by the German photographer with a limited-edition collection whose proceeds will go to the Franca Fund.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
As flagships go, Zara’s tend to be really big. And the Inditex star brand’s latest is no exception. The new store in the St David’s mall in Cardiff, which opened this week, measures 36,500 square feet.
The Brazilian footwear group has appointed Frederic Levy as president of newly created Havaianas International. He will be in charge of all markets outside Brazil, with the mission of driving the group’s global growth.