Zara

Zara plans to introduce its successful Chinese live shopping model to the U.K., Europe, and the U.S. This expansion aims to boost sales and enhance customer engagement. What Happened: Zara, a fast-fashion brand owned by Inditex, will introduce live shopping shows in the U.K., Europe, and the U.S....

Shein, the Chinese fast-fashion giant, is reportedly contemplating a shift of its initial public offering (IPO) from the U.S. to London due to regulatory obstacles. The company is also considering other potential venues, including Hong Kong and Singapore. What Happened: Shein, which was initially...

Industria De Diseno (OTC:IDEXY), the parent company of Zara, is launching a strategic expansion of its budget brand, Lefties, to counter the growing influence of the Chinese fast-fashion giant Shein. What Happened: Inditex is expanding its budget brand, Lefties, in response to the competitive...

The highly anticipated initial public offering (IPO) of Shein, a global online fashion giant, is facing a significant setback as investors are struggling to sell shares at a 30% discount in private market deals. What Happened: Investors are finding it challenging to offload Shein shares in private...

In a notable advancement for the cannabis industry, innovative startup Prelude has successfully closed its $5.2 million seed funding round. This investment, a joint effort from venture capitalists with deep roots in both artificial intelligence (AI) and the cannabis sectors, is allocated for...

The bear market in 2022 was a rough patch for billionaires around the world. Or at least, for their balance sheets. Last year’s annual ranking of the planet’s richest people by Forbes, featured 87 fewer people than in 2021, with the group losing a collective $400 billion on the heels of...

Industria de Diseno Textil SA (OTCPK: IDEXF), known as Inditex which owns the clothing brand, Zara, announced it will close up to 1,200 stores over the next two years as it will focus its efforts on the booming e-commerce. To be precise, it will invest over 1 billion euros as far as the...

Fashion retailer Zara was profiled by the Wall Street Journal earlier this month, highlighting how the Spanish-traded company has managed to greatly outperform the sector overall. The company, which trades under its parent Inditex SA (BME: ITX) is up 129 percent over the last five years, compared...

Many retailers are good at knowing what their clients want, but few are good at knowing what the consumer is going to want, at least according to CNBC's Jim Cramer. Cramer explained during Thursday's "Squawk on the Street" segment that Amazon.com, Inc. (NASDAQ: AMZN)'s use of...

A positive start to the retail earnings season and the broader market rally set in motion by the U.S. presidential election results have proved salubrious for retail stocks in recent sessions. This is evident from the roughly 10 percent gain notched up the SPDR S&P Retail (ETF) (NYSE: XRT)...

Is there a fundamental shift in retail going on? According to CNBC's Courtney Reagan, there most certainly is. Here's what you need to know. Reagan argued that a shift in consumer spending habits continues to shape the retail landscape. While this change hasn't happened overnight...

There was a lovely article in The Wall Street Journal Thursday morning on teen retailers Abercrombie & Fitch (NYSE: ANF) and Aeropostale (NYSE: ARO) and the lackluster performance to date. Thanks for that. Yet the authors neglected to mention the most important thing: Why? One of the...

The number of Spaniards claiming unemployment fell in May much more than expected in a sign that the economy may be starting to turn a corner. The number of people registering for jobless benefits fell by 98,265 from April to 4.89 million, the Labor Ministry in Madrid said today, giving support to...