Zara owner Inditex has signed an agreement worth more than 100 million euros to buy 30% of the recycled fabric to be produced by a Finnish company for three years in a push to use more sustainable materials.
Bershka has opened a store at Liverpool One, marking the Inditex-owned fashion brand’s regional debut. Spanning 8,000 sq ft on South John Street, the space houses the brand’s three main lines, Bershka, BSK and Man.
Zara is launching a capsule collection with the Los Angeles-based brand founded by Khloé Kardashian in order to strengthen its foothold in the United States, its second largest market in terms of sales.
Next has opened its first department store-style location with an upsized opening in the Atria centre in Watford. The new store brings together its clothing and homewares offers, plus beauty and Victoria’s Secret.
Amancio Ortega’s daughter assumes the presidency of the group effective April 1 following the departure of Pablo Isla. We analyze the challenges she will face in the handover alongside new CEO Óscar García Maceiras.