Zara Owner’s Sales Grow, But Profit Disappoints As Expenses Mount
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.

The ultra-fast-fashion giant’s valuation has fallen from $98.2 billion following a fundraising round in 2022 to $64 billion after another funding round in 2024.

The ultra-fast-fashion giant’s valuation has fallen from $98.2 billion following a fundraising round in 2022 to $64 billion after another funding round in 2024.

The retailer swung to a loss as sales slowed after the US removed the de minimis exemption on small packages and it incurred a hefty one-time accounting charge.

The retailer swung to a loss as sales slowed after the US removed the de minimis exemption on small packages and it incurred a hefty one-time accounting charge.

Saunders, the brand’s first creative director in five years and a skilled colourist, promises to give Kate Spade the clarity it has long lacked. Now, Tapestry must apply the same long-term brand-building discipline that fueled Coach’s success.

Saunders, the brand’s first creative director in five years and a skilled colourist, promises to give Kate Spade the clarity it has long lacked. Now, Tapestry must apply the same long-term brand-building discipline that fueled Coach’s success.

Sales rose unexpectedly in June as shoppers increased spending on clothing and air conditioning, adding to signs of a pickup spurred by record temperatures and the World Cup.

Sales rose unexpectedly in June as shoppers increased spending on clothing and air conditioning, adding to signs of a pickup spurred by record temperatures and the World Cup.

To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.

To become a meaningful fast-fashion challenger, Fast Retailing CEO Tadashi Yanai must expand GU aggressively while preserving the brand’s quality, writes Bloomberg’s Juliana Liu.

The sportswear giant aims to direct consumers to official Nike channels in a bid to clean up the marketplace as it continues losing ground to domestic rivals.

The sportswear giant aims to direct consumers to official Nike channels in a bid to clean up the marketplace as it continues losing ground to domestic rivals.

The Permira-backed retailer said on Monday that it and some of its selling shareholders aim to raise up to $239.1 million in the IPO.

The Permira-backed retailer said on Monday that it and some of its selling shareholders aim to raise up to $239.1 million in the IPO.

The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.

The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.

On track to generate $150 million in sales this year, the New York label is entering footwear for the first time as it looks to expand beyond its signature wardrobe staples.

On track to generate $150 million in sales this year, the New York label is entering footwear for the first time as it looks to expand beyond its signature wardrobe staples.

This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.

This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.

Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.

Shein's ambitions for a valuation of up to $50 billion face a tough test from investors as new fees in Europe on e-commerce imports threaten to dent its growth.

BoF editor Diana Pearl joins Sheena Butler-Young to unpack how a generation of independent brands rejected the venture-backed DTC playbook — and why that slower, more disciplined approach ultimately paid off.

BoF editor Diana Pearl joins Sheena Butler-Young to unpack how a generation of independent brands rejected the venture-backed DTC playbook — and why that slower, more disciplined approach ultimately paid off.
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
A veteran at Fast Retailing, Kelly previously held the role of US chief financial officer at the brand.
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.
Shein’s sliding market value reflects investor concerns over the fast-fashion retailer’s growth outlook.
Shares of the Vancouver-based apparel brand, which have declined nearly 69 percent in 2025, tumbled about 18 percent in extended trading.
Shares in the lingerie maker tumbled in premarket trading on Thursday after it boosted guidance but showed a slower pace of growth.
The penalties are part of a law passed in June that targets the extreme end of fast fashion and aims to address environmental concerns from overproduction.
Existing investors in the fast-fashion giant who participated in the offer include billionaire Michael Bloomberg's family office Willett Advisors, French billionaire entrepreneur and investor Xavier Niel and Microsoft Corp.