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Tag: Inditex

  • Pull&Bear Shanghai opens new flagship

    Pull&Bear Shanghai opens new flagship

    Inditex Group-owned youth fashion brand Pull&Bear opened its new two-storey East Nanjing Rd flagship this week.

    Pull&Bear features in 70 markets worldwide with a network of over 900 stores. The new Shanghai store is the first in the city to present the brand’s new image, which draws inspiration from the Californian atmosphere of Palm Springs.

    The 700 sqm store displays Pull&Bear’s collections on two floors. The ground floor, which can be entered either from the street or from the Mosaic Plaza shopping centre, sells womenswear and the first floor is devoted to menswear.

    The striking facade uses traditional glass bricks and LED lighting to project the brand anfd welcome customers with an air of light and transparency. Instead of a traditional display windows, the facade features visual projections, inviting passersby to come into the shop and discover the new space.

    Once inside, materials typical of DIY or building projects, such as painted concrete, OSB, pine wood and textured paint combine to create a richly varied setting of colours, materials and textures.

    This opening enhances Pull&Bear’s presence in China, the brand’s third market by number of stores (only behind Spain and Russia), with 63 points of sales open throughout the country’s major cities. It is the fourth Shanghai store for the brand.

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  • Inditex sales, profit rise

    Inditex sales, profit rise

    Same store sales and group profit both increased by five per cent at Spanish apparel giant Inditex in 2014.

    In financial statements just released, Inditex said its key same store sales growth indicator stands at 23 per cent over the past five years. Net profit totalled €2.5 billion. Group sales revenue rose by eight per cent in the year to January 31, to €18.12 billion.

    Inditex owns Zara, Zara Home, Pull&Bear, Bershka, Oysho, Stradivarius, Massimo Dutti and Uterque.

    The group has announced a profit sharing plan under which employees will participate in earnings growth in the next two years, benefitting workers in stores, manufacturing, logistics, concepts and subsidiaries all over the world, so long as they have been working for Inditex for at least two years. That adds up to about 70,000 beneficiaries in 54 markets.

    In 2014 the group generated 8741 new jobs worldwide, 1800 of them in Spain. Inditex’s headcount totalled 137,054 at January 31.

    In 2014 Inditex opened 343 stores in 54 markets, taking its network total to 6683 in 88 markets. It debuted in just one new market last year – Albania.

    In total it opened new establishments in 54 markets worldwide. Some of the most noteworthy openings included flagship Zara stores in Zurich (Bahnhofstrasse), Miami (Lincoln Rd), Madrid (Serrano), Krakow (Rynek Glowny), Hong Kong (Queens Rd) and Shanghai (East Nanjing Rd) to take its total number of stores in China to over 500 across 60 cities.

    The group’s other chains also opened high-profile stores such as the Pull&Bear stores in Milan (Vittorio Emanuelle II) and Amsterdam (Kalverstraat); the Massimo Dutti stores in Vienna (Kholmarkt) and Palma de Mallorca (Born); the Bershka store in Turin (Via Roma); the Uterqüe store in Madrid’s airport; the Stradivarius store in Osaka (Shinsaibashi); the new image Uterqüe store in Barcelona’s airport; the Oysho store in Barcelona (Pelai); and the Zara Home flagship in London (Kensington High St). In 2015, Zara Home has opened its first stores in Australia, making it the second chain in the group to boast a presence in the market, after Zara.

    New stores planned for 2015 include prominent openings on Oxford St 61 (London), in Plaza Cataluña (Barcelona) and a number of openings in various US cities, including three in New York: one on Fifth Avenue and 42nd street, inaugurated last week, another in the new World Trade Centre, in the heart of the New York’s financial district, and a third in SoHo, in a building recently acquired by the group.

  • Inditex ends Angora lines

    Inditex ends Angora lines

    Spanish fashion giant Inditex has announced a complete and permanent ban on the use of angora wool across all its brands.

    The ban follows discussions with animal rights group PETA US and a media expose of the cruel practice where live rabbits’ fur is ripped from their skin to produce the soft thread.

    Inditex, the world’s largest clothing retailer, says it will no longer stock products using angora wool in Zara, Pull&Bear, Massimo Dutti and Bershka stores.

    It went further to donate 20,000 brand-new angora wool garments manufactured in previous seasons (with a retail value of approximately US$878,000) to Syrian refugees in Lebanon through the charity Life for Relief and Development.

    “Thanks to Inditex’s massive donation, PETA is able to send a vital message about compassion for animals this winter – that only people desperately lacking basic necessities have any excuse for wearing fur that is ripped out of live animals’ bodies”, says PETA MD Ingrid E Newkirk.

    “We’re calling on all remaining retailers – such as Benetton – that are still touting these products of rabbit torture to follow quickly in the footsteps of Inditex and others, or else they’ll watch their customers, wallet in hand, walk out the door.”

    A PETA Asia investigation found some rabbits used for angora scream in pain as their fur is ripped out, while others are cut or sheared and invariably wounded by the sharp tools as they struggle desperately to escape. In addition, the angora farming industry condemns these intelligent, social animals to years of isolation in small, filthy wire cages.

    Inditex join more than 70 top brands and retailers – including Asos, Calvin Klein, Stella McCartney and Tommy Hilfiger – which have permanently banned angora wool as a result of PETA Asia’s investigation.