Ikea's shopping malls business said its expansion plans remained on track with visitors quickly returning to its premises after the lifting of coronavirus-related lockdowns which had forced stores to close.
The Brazilian footwear group has appointed Frederic Levy as president of newly created Havaianas International. He will be in charge of all markets outside Brazil, with the mission of driving the group’s global growth.
Inditex’s flagship brand is expanding in Asia with the opening of its largest regional store in Beijing. The new location spreads across 3,500 sq m over four floors. Zara first launched in China in 2004.
Zara-owner Inditex's little-known budget brand Lefties started online sales in Spain and Portugal on Thursday, giving the label a digital advantage over discount fashion chain Primark in its second-biggest market.
Fashion giant Inditex has pledged to maintain workers' rights throughout its supply chains and the stability of payments to suppliers, as the garment industry wrestled with a plunge in orders during the COVID-19 crisis.