Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
Madrid, Spain
Beauty
Spanish Surgeons Perform Pioneering Face Transplant
In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.
Spanish Surgeons Perform Pioneering Face Transplant
In a world first, the facial tissue came from a donor who had requested an assisted dying procedure.
Beauty
Byredo, Paco Rabanne Owner Puig Sales Rise 8%
The Spanish beauty conglomerate saw growth in all three of its divisions, which include the Dr. Barbara Sturm, Charlotte Tilbury and Carolina Herrera brands.
Byredo, Paco Rabanne Owner Puig Sales Rise 8%
The Spanish beauty conglomerate saw growth in all three of its divisions, which include the Dr. Barbara Sturm, Charlotte Tilbury and Carolina Herrera brands.
Retail
Zara Owner’s Lean Business Model Helps It Cope With Pandemic
Inditex managed to reduce stock-in-trade by 19 percent at the end of July, softening the blow to earnings.
Zara Owner’s Lean Business Model Helps It Cope With Pandemic
Inditex managed to reduce stock-in-trade by 19 percent at the end of July, softening the blow to earnings.
Retail
Inditex Pledges to Maintain Workers’ Rights Throughout Its Supply Chain
In a joint agreement with global workers' union IndustriALL, the Zara owner has committed to ensuring health and safety standards are met and workers' rights to unionise are maintained.
Inditex Pledges to Maintain Workers’ Rights Throughout Its Supply Chain
In a joint agreement with global workers' union IndustriALL, the Zara owner has committed to ensuring health and safety standards are met and workers' rights to unionise are maintained.
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Retail
Inditex Posts Quarterly Loss Following Store Closures
The Zara owner reported a net loss of $465 million despite a 95 percent increase in online sales in April.
Inditex Posts Quarterly Loss Following Store Closures
The Zara owner reported a net loss of $465 million despite a 95 percent increase in online sales in April.
Retail
Zara Owner Built a Post-Covid Retailer Before Coronavirus
Inditex managed to rely on its online business to keep operations running, limiting the damage from shuttered stores.
Zara Owner Built a Post-Covid Retailer Before Coronavirus
Inditex managed to rely on its online business to keep operations running, limiting the damage from shuttered stores.
Retail
Report: Inditex to Reopen Stores in Spain Following Coronavirus Shutdown
The Zara owner will open several of its smaller stores as the Spanish government eases some lockdown restrictions, according to a source close to the company.
Report: Inditex to Reopen Stores in Spain Following Coronavirus Shutdown
The Zara owner will open several of its smaller stores as the Spanish government eases some lockdown restrictions, according to a source close to the company.
Global Markets
Global Garment Industry Calls for Support for Manufacturers
Major brands including H&M and Adidas are working with the International Labour Organisation to commit to paying factories for finished goods.
Global Garment Industry Calls for Support for Manufacturers
Major brands including H&M and Adidas are working with the International Labour Organisation to commit to paying factories for finished goods.
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Retail
A Spain Loosens Lockdown, Inditex Slowly Sends Employees Back to Work
The fashion giant's logistics centres in Spain have reopened, but the company is said to be taking measures to ensure staff safety.
A Spain Loosens Lockdown, Inditex Slowly Sends Employees Back to Work
The fashion giant's logistics centres in Spain have reopened, but the company is said to be taking measures to ensure staff safety.
Retail
Coronavirus Stalls Fashion Giant Inditex
The fast-fashion chain's operations have come to a halt as the coronavirus pandemic continues.
Coronavirus Stalls Fashion Giant Inditex
The fast-fashion chain's operations have come to a halt as the coronavirus pandemic continues.
Retail
Zara Owner Posts Strong Profit Growth
Inditex reported a net profit of €1.17 billion ($1.3 billion) for the third quarter and forecasts full-year sales growth of up to 6 percent.
Zara Owner Posts Strong Profit Growth
Inditex reported a net profit of €1.17 billion ($1.3 billion) for the third quarter and forecasts full-year sales growth of up to 6 percent.
Retail
Inditex Is Still Betting on Brick-and-Mortar Retail
The Zara-owner has cut the number of stores it has in its home market, but is expanding the footprint of existing locations.
Inditex Is Still Betting on Brick-and-Mortar Retail
The Zara-owner has cut the number of stores it has in its home market, but is expanding the footprint of existing locations.
The News in Brief
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.