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.

Zara’s parent company has closed more than 100 stores year-to-date as part of an effort to improve its financial future, according to a recent earnings report. Inditex, a Spanish fashion giant that ...

Lefties is controlled by Inditex and is set to open stores at the Lakeside mall in Essex and the Liverpool One shopping centre over the summer period.

PARIS — Zara parent company Inditex has committed to buying 70 million euros worth of Ambercycle’s textile-to-textile recycled polyester material Cycora over the next three years. The duo are kicking ...

PARIS — Zara parent company Inditex recorded another historic high in 2022 as customers returned in droves to physical stores but also continued to increase their online spend. Fourth-quarter sales ...