All Inditex articles
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ArticleClimate responsibility rating: H&M and Inditex are better than Nike and Adidas
This is what the Corporate Climate Responsibility Monitor says about climate targets and measures.
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News briefsAn “excellent” FY 2023 at Inditex
Inditex’s full-year 2023 sales were up 10.4 percent to €35.9 billion, or 14.1 percent in constant currency. E-commerce accounted for €9.1 billion, up 16 percent. Sales were particularly strong in Europe outside of Spain, rising 48.7 percent. Gross profit rose 11.9 percent to €20.8 billion, with gross margin expanding by ...
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ArticleBASF and Inditex unveil Loopamid, a circular Nylon 6 based entirely on textile waste
BASF and Inditex jointly announced on Jan. 23 a breakthrough in promoting circularity in the textile industry. With the launch of Loopamid, a Polyamide 6 (a synthetic polymer widely used in numerous textile applications due to its excellent mechanical properties and versatility, also known as Nylon 6) made from 100 ...
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News briefsInditex sales increase 14.9% in first 9 months at constant exchange rates
In the nine months to Oct. 31, the sales of Inditex, the Spanish parent company of several fast fashion brands including Zara and Massimo Dutti, grew by 11.1 percent to €25.6 billion, showing “very satisfactory” development both in stores and online, the Spanish fashion fast group said in a statement. ...
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News briefsInditex to buy €70m worth of Ambercycle’s Cycora
Inditex, Zara’s parent company, has partnered strategically with Los Angeles-based material sciences firm Ambercycle to help scale textile to textile recycled polyester. As part of this agreement, Inditex has signed a three-year commitment to buy Ambercycle’s textile-to-textile recycled polyester Cycora for over €70 million. Cycora is an innovative material made ...
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News briefsInditex gets an H1 boost
Inditex improved its profitability by 40.1 percent in the first half of the year, which ended on July 31. According to Diffusion Sport, the Galician textiles firm’s net income amounted to €2.513 billion on revenues of €16.851 billion – themselves up 13.5 percent. Sales were up on- and offline and ...
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News briefsInditex and Jeanologia develop the Air Fiber Washer
Spanish apparel group Inditex has teamed up with Valencia-based Jeanologia, which specializes in innovative technologies for the textiles industry, to create an industrial air system that reduces the shedding of microfibers in textiles by using air without the need for water or thermal energy. The new system, Air Fiber Washer, ...
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News briefsApparel brands address textile waste management in new report
Apparel brands have come together with the Policy Hub – Circularity for Apparel & Footwear and Eunomia Research & Consulting to research and publish a set of principles for an effective waste management system to tackle pollution and facilitate the transition to a circular economy for textiles ...
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News briefsDecathlon among co-founders of new textile waste association in Spain
A group of major European retailers has joined forces to launch the Association for Textile Waste Management, which aims to help manage clothing and footwear waste generated in the Spanish market. The group comprises Decathlon, H&M, Ikea, Inditex, Mango, Kiabi, and Tendam. The non-profit association was formed in connection with ...
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News briefsInditex signs three-year commitment with WWF for biodiversity projects
Spanish fast fashion group Inditex, owner of Zara, Bershka and Pull&Bear, among other retail brands, has entered a partnership with the World Wide Fund for Nature (WWF) to support several of the conservation association’s projects. The collaboration will start with nine initiatives across four regions focused on forest conservation, water ...
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Article74 percent of post-consumer textile in Europe is recyclable
A report titled Sorting for Circularity Europe provides key findings for a more circular use of textiles.
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ArticleCross-border commerce publishes first online retail ranking
Providing an overview of the European fashion retail market in 2021, Cross-Border Commerce Europe has published a ranking of fashion retail online.
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News briefs
Zara launches the Zara Athleticz men’s label
Zara has been selling some sports clothing in the past. This time, the international fast-fashion retailer owned by the Inditex group has decided to launch a full-fledged line of activewear for men under the Zara Athleticz (sic) label, starting on Sept. 30 on its web store and at selected physical ...
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Article
Major brands hit with complaint in Paris over forced labor in Xinjiang
Last year’s report by the Australian Strategic Policy Institute (ASPI) on the plight of Uyghurs and other ethnic minorities in the Chinese province of Xinjiang is still making waves. Citing the report, two NGOs, the European Uyghur Institute and an individual Uyghur woman have engaged a French law firm, Bourdon ...
