- January 30, 2024
H&M announced on Friday (Jan. 26) its plan to close down more than 20% of its stores in Spain and lay off up to 588 employees. The company cited unspecified ...
- January 2, 2024
Uniqlo wants to grow by selling good-quality apparel at affordable prices.
That’s the stance the Japanese retailer is taking when it comes to securing its spot in the world of consumers ...
- December 27, 2023
As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango, the Spanish retailer, is fortifying ...
- December 18, 2023
As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and snatching up market share, H&M ...
- December 15, 2023
Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein.
With Shein’s rapid growth and disruptive presence in the market, H&M ...
- December 12, 2023
The holidays are right around the corner, and holiday shopping is in full swing.
This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the right ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- September 12, 2023
Fashion retailer Zara is reportedly facing challenges with its new anti-shoplifting system.
The system, which relies on RFID technology to replace hard security tags on apparel items, was expected to be ...
- August 1, 2023
Facing pressure to improve their environmental record, clothing makers want to repair customers’ worn garments.
It’s a trend PYMNTS has been following since last year and the subject of a Tuesday (Aug. 1) ...
- July 24, 2023
“Barbie is one of the most inventive, immaculately crafted and surprising mainstream films in recent memory.” That’s what news outlet The Independent said in regard to the Barbie movie premier last ...
- July 3, 2023
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find ...
- June 15, 2023
Overseas retailers, once focused on expansion in global markets, are showing increasing interest in claiming a stake in the United States, seeking to make their presence known both online and ...
- March 15, 2023
Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales.
The Spanish clothing company, whose brands include Zara, said in its yearly earnings report Wednesday (March 15) that ...
- March 6, 2023
If declining sales and the continued stress to keep bottom lines healthy were not enough pressure already, retailers are today faced with another key challenge — the rising cost of ...
- February 17, 2023
Shein is reportedly telling investors that it plans to double its revenue by 2025.
The Financial Times (FT) reported Friday (Feb. 17) that the online fast fashion giant also expects its ...
- January 27, 2023
The fast-fashion wars got intense in 2022 as relative newcomer Shein outpaced a competitive set, including H&M, Uniqlo and Zara, setting up a battle for primacy in 2023.
This, as the ...
- December 14, 2022
With sales continuing to climb, Zara-owner and fast-fashion giant Inditex is focusing on sustainability.
The retailer said Wednesday (Dec. 14) that it saw sales climb by 19% for the first nine ...
- October 28, 2022
Fast-fashion retailer Shein is reportedly generating revenue at a rate that is putting it close to that of its rivals, H&M and Zara.
The online retailer is expected to generate revenue ...
- September 14, 2022
Zara-parent and fast fashion giant Inditex reported that its sales in the first half of 2022 were up about 25% year over year and attributed this growth to the new ...
- June 14, 2022
Today in retail, automation could reshape the consumer packaged goods (CPG) payment space, while retailers are restructuring their delivery models as markdowns loom. Plus, Lacoste launches UNDW3 Web3 experiential universe, ...
- June 14, 2022
Not unlike the retail industry itself, the longstanding “free shipping, free returns” eCommerce business model is in the throes of evolution.
After normalizing and nurturing the growth of online apparel shopping ...
- June 8, 2022
Global clothing retailer Inditex, the parent company of Zara, saw “a significant rebound in traffic” to its stores worldwide in the first quarter of fiscal 2022 from Feb. 1 through ...
- March 16, 2022
Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of its revenue to come from ...
- June 15, 2020
There are now not one, but two digital shifts occurring as the COVID-19 pandemic continues to disrupt consumer shopping habits. The first is the consumer-driven digital shift that has been ...
- June 12, 2020
When the world’s largest fashion retailer announced this week that was closing about 16 percent of its stores, the move surprised the industry as well as Wall Street analysts. Inditex, ...
- June 11, 2020
The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less than Sam’s Club, Starbucks and ...
- May 5, 2020
The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy slogs through the mud, according ...
- April 3, 2020
Inditex, the owner of brands such as Massimo Dutti and Zara, is having its clothing manufacturing facilities in Spain produce medical supplies, while its logistics hub has almost arrived at a ...
- March 18, 2020
Businesses that are in one lane, like hospitality and fashion, could be temporarily pivoting to help in the ongoing coronavirus crisis.
For example, The Wall Street Journal is reporting that New ...
- May 24, 2019
To head up the fast-fashion company’s online shopping push, Inditex SA is reportedly elevating Carlos Crespo to the position of chief executive officer. Crespo currently serves as the chief operating ...
- September 13, 2018
Zara’s parent company, Inditex SA, said it would continue its plan to expand online as it reported positive first-half results.
Inditex, whose other brands include Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and ...
- September 5, 2018
Zara’s owner, and the world’s largest clothing retailer, Inditex, has announced that it will sell products from all of its brands on the web.
“We want to make our fashion collections ...
- August 1, 2018
Zara is now enabling its stores to ship online purchases in an effort to boost sales of full-priced items.
According to the Wall Street Journal, the service will be available in around ...
- March 14, 2018
In an effort to attract millennials, Zara plans to integrate augmented reality into its stores this April. The retailer will bring the technology to 120 of its locations around the ...
- March 6, 2018
Joseph Marver wasn’t having the best October selling dresses in his California store a few decades ago. But he did notice that customers were waiting in line to get into ...
- March 5, 2018
To solve for fashion retailer Zara’s customers facing long lines to pick items up in its stores, the company is turning to a high-tech solution for its “click and collect” service. ...
- January 30, 2018
As Spanish fast-fashion retailer Zara renovates its flagship store in a London mall, it has come up with an innovative solution to sell to customers: opening a digitally enhanced pop-up ...
- June 15, 2017
For the last few years, the retail industry has been in a whirlwind of change.
As hundreds of brick-and-mortar locations have been closed around the country from Macy’s, J.C. Penney and ...
- March 2, 2017
Within hours and sometimes within mere minutes, today’s companies are likely to receive an online reaction to their newly launched advertising campaigns.
Given the instantaneous nature of the internet, some brands ...
- September 23, 2016
Zara’s launching an eco-friendly line, its “Join Life” collection, that emphasizes minimalism and more sustainably produced fabrics and fashions.
Zara bills its newest collection as being for the woman who “looks ...