Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
By Corina Pons MADRID (Reuters) – Zara owner Inditex said on Thursday it had reached an initial agreement to transfer the operation of its stores in Argentina and Uruguay to Regency Group,…
Inditex founder Ortega buys 5% in Enagas’s renewable, hydrogen unit
MADRID – Fashion retailer Zara founder Amancio Ortega bought a 5% stake in Spanish gas grid operator Enagas’s renewable and hydrogen unit Enagas Renovable, Enagas said on Wednesday. Ortega’s family office Pontegadea,…
Russia’s Wildberries selling Zara clothes online despite Inditex halting operations
(Reuters) – Russian e-commerce leader Wildberries is still selling clothes from Inditex brands that have suspended operations in the country, including the Spanish group’s main Zara label. The TASS news agency reported…
Zara owner Inditex set to benefit from higher prices
By Corina Pons MADRID – Fashion giant Zara’s owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.…
Zara owner Inditex closes Russian stores and online platform
MADRID -Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday. The Zara owner is following some…
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