Zara owner Inditex workers protest after record profits
March 25, 2024 | 09:21
Workers at Inditex's Zara and other big name stores protested outside the company shops across Spain on Friday to demand better benefits after the world's biggest fashion retailer reported record profits and raised shareholder payouts.
The sweet shopping experience
February 20, 2023 | 15:07
While housing sales are declining, shopping malls are becoming increasingly crowded. Developers are ramping up the expansion due to the rising demand for retail and office spaces.
Zara owner's profits rise despite inflation
December 15, 2022 | 16:00
Zara owner Inditex reported Wednesday a jump in profits in the third quarter of its fiscal year despite soaring inflation and the war in Ukraine impacting business costs.
Harsh reality sets in for fashion retail brands
March 02, 2021 | 17:08
While fashion fanatics will welcome the ever-increasing presence of international brands like UNIQLO, H&M, and Zara, the domestic consumer base has already lost a significant portion of its purchasing power amid the influence of the global health crisis on the economy, forcing domestic brands to face increased competition with new strategies to retain their business.
Zara owner Inditex bounces back from virus slump
September 17, 2020 | 10:26
Spanish textile titan Inditex, owner of global fashion retailer Zara, said Wednesday that it swung back into profit in the second quarter as it reopened most of its stores following virus shutdowns and enjoyed strong online sales.
Fashion rivals continuing to suffer in coronavirus fallout
July 07, 2020 | 09:30
Thousands of dismissed labourers at suppliers in Vietnam has exacerbated the floundering performance of major garment and footwear brands across the globe like Adidas, Nike, and Zara.
Fast-fashion seeks speedy solutions
November 26, 2019 | 08:00
High land lease prices, local preference on exported clothing, and the custom of shopping at local stores may not favour Japanese-based UNIQLO’s plan to make waves in Vietnam.
UNIQLO dips toe in Hanoi waters
October 29, 2019 | 16:54
After announcing the opening of its first store at Parkson Saigon Tourist Plaza in Ho Chi Minh City, Uniqlo is now reqruiting staff in Hanoi.
UNIQLO to open three-storey store in Ho Chi Minh City by year-end
October 18, 2019 | 18:38
UNIQLO is accelerating final preparations to launch its 3,000 square metre store in Ho Chi Minh City by the end of this year, a little behind schedule.
Local trend of sustainable development may threat H&M and Zara
September 03, 2019 | 11:31
Despite being the second-largest polluters in the world, fast-fashion brands are growing at a tremendous pace in Vietnam.
EVFTA may help Phong Phu become new supplier of Zara and H&M
July 12, 2019 | 13:34
The local textile industry will reap great benefits from the EVFTA, as demonstrated by Phong Phu JSC becoming a supplier to brands like Zara, H&M, and Levis.
TNG achieving fashionable results
April 15, 2019 | 08:00
One of the biggest textile apparel exporters in the country is hoping to build on a strong and award-winning 2018 by setting ambitious targets, removing the cap on foreign ownership, investing more in modern equipment, and inspiring its employees.
Meuw Menswear opens in Haiphong 1
January 21, 2019 | 18:19
Urban fashion brand Meuw Menswear opens its fourth store, this time taking on the Haiphong fashion scene.
Potential new contender to challenge e-commerce
December 12, 2018 | 15:33
In tackling violations by e-commerce firms related to low-quality goods and fake discounts, the opening of dedicated shopping websites is set to become an inevitable trend in order to avoid negative impacts from conducting business on common e-commerce platforms, and reducing dependence on them.
Anh Huong reports.
Fast fashion set to transform market
September 21, 2018 | 09:00
The proliferation of foreign fast fashion brands in Vietnam is heating up the local sector and drawing in more and more newcomers, which forces local brands to transform and improve their capacity to compete. Kim Anh reports.
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