Mango Mirroring Zara Challenges Europe’s Wealthiest Man

BARCELONA, Spain — Two years ago, Spanish retailer Mango could barely convince its employees to wear its dresses, skirts, and blouses, which many workers — and customers — thought were too formal. Today, Mango has ditched the glitz in favor of more casual attire like that from Spanish rival Inditex SA, the world’s biggest seller of apparel and owner of the Zara brand. The change has helped Mango outpace Inditex in Spain’s 16.2 billion-euro ($21 billion) clothing market. “We had gone way too far with our focus on clothes for parties and events,” said Enric Casi, general manager of the Barcelona-based retailer. “Not even our employees wore Mango.” The casual push wasn’t the only lesson Mango took from Arteixo, Spain-based Inditex as it…

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Inditex 2012 Profit Leaps 22 Percent On New Markets

Inditex Headquarters in La Coruna, Spain | Source: Inditex

MADRID, Spain — Zara owner Inditex tapped fashion-hungry consumers in new markets in 2012 to grow net profit by 22 percent even as austerity-hit shoppers in Europe tightened belts. The world's largest clothing retailer, which runs eight brands, posted net profit of 2.4 billion euros ($3.1 billion), opening new stores in 64 markets. It entered markets like Georgia, Bosnia and Ecuador for the first time.

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Inditex E-Commerce Sales Soar

Zara store | Source: Courtesy

LONDON, United Kingdom — According to an estimate released this week by Credit Suisse, Inditex, the Spanish company that owns ‘fast fashion’ giant Zara, will achieve online sales of over 600 million euros in 2013, almost double that of 2012, the results of which will be announced next week.

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Recluse Behind Zara is Now World’s Third Richest Man

Zara store | Source: Reuters

MADRID, Spain — The fourth day of Paris Fashion Week saw Raf Simons unveil the latest chapter of his journey after nearly a year at the design helm of Christian Dior. Following his acclaimed debut last year, the pressure has been stacked on the Belgian designer to deliver again in what is only his second ready-to-wear show in one of the most influential jobs in fashion. Spain's Amancio Ortega, elevated by Forbes to become the third

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Week in Review | Against Fast Fashion Collaborations, Joe Fresh’s approach, Leutton Postle

Week in Review November 12-16

Op-Ed | Making The Case Against Fast Fashion Collaborations (Opinion) “These underlying commercial motives are often obscured, however, by a ubiquitous but pernicious phrase: ‘the democratisation of fashion.’ Whoever coined the term is surely the marketing genius of the 21st century. On the face of it, who can argue that ‘the democratisation of fashion’ isn’t a good thing?” Joseph Mimran’s Fresh Approach (Intelligence)

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Fast fashion empire, Gilt CEO steps down, Ebay returns to China, Jean genies, Bella Freud

Zara Autumn/Winter 2012 | Source: Zara

How Zara Grew Into the World’s Largest Fashion Retailer (NY Times) “Inditex is a pioneer among ‘fast fashion’ companies, which essentially imitate the latest fashions and speed their cheaper versions into stores. Every one of Inditex’s brands — Zara, Zara Home, Bershka, Massimo Dutti, Oysho, Stradivarius, Pull & Bear and Uterqüe — follow the Zara template…” Gilt CEO Kevin Ryan Steps Down Ahead of

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Fast fashion fatigue, Hermès forecasts, Yoox results, Mideast online promise, Westwood’s passion

Undercover for Uniqlo Autumn/Winter 2012 | Source: Hypebeast

Gap Gains With Zara Responding to Fast-Fashion Fatigue (BusinessWeek) “Call it fast-fashion fatigue. Millennials, after years of settling for apparel retailers’ downgraded fabrics and workmanship, are pushing for higher- quality clothing again, and chains are getting the message. Gap Inc., the biggest U.S. specialty-apparel retailer, and Fast Retailing Co. Uniqlo are able to charge more for better basics.” Hermès lifts

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Sporty styles, ASOS’ steady growth, Inditex grows profit, Burberry ethics row, Chanel pays out

Roksanda Ilincic, Mulberry, Simone Rocha Spring/Summer 2013 | Source: Nowfashion

Sporty? It’s the Olympics, Stupid! (IHT) “This year has been a game changer in British attitudes toward sports, leaving behind the typical ironic and laconic talk about being ‘good losers’ and instead rejoicing in gold medal glory. So it is with fashion. While New York designers appear to be moving away from their American sportswear roots, the London summer 2013 collections are embracing dynamic

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Luxury brand hotels, Zara’s speedy secret, Uniqlo ambition, Ideeli investment, Game time

Aldo Shoe Paradise | Source: Aldo

Hautel Check-In: Luxury Labels Extend Brands to Hotels (Brand Channel) “The U.S. economy is sputtering, and the European continent isn’t looking very bullish at the moment. But none of this seems to be terribly concerning to the luxury hotel market. There has been a spate of recent openings — hotel extensions of luxury brands — to prove it.” Polka Dots Are In? Polka Dots It Is! (Slate) “If you’ve ever

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