Other news
Zara arrives to Egypt with a first opening in Cairo
Since today, Zara has its first store in Egypt, in the city of Cairo. The store is located at Star Centre, one of the most state-of-the art shopping malls in the Middle East, with upwards of 500 stores of relevant national and international operators, just a few minutes away from Cairo’s international airport.
Pull and Bear and Bershka open its first stores in China
Pull and Bear has chosen Beijing for its first opening in China. The store is located in Solana shopping mall, one of the main shopping areas of the Chinese capital, located in the north-west of the Chaoyang Park, the biggest urban park in Asia. The Pull and Bear store has 300 square metres in which it will sell the men’s and women’s collections. Next week, Pull and Bear will open its second store in Beijing, this time in the U-Town shopping mall.
Massimo Dutti launches its first stores in Colombia and the Philippines
The format of the Inditex Group has entered the Colombian market with the opening of its first store in Bogotá, located on 82nd street, the most exclusive neighbourhood in the capital , and the Philippine market, by launching its first store in Manila, in Greenbelt Shopping Centre.
Inditex: Multi-market Retailer of the Year
Inditex has been awarded the Global Retailer of the Year award during the third edition of the World Retail Congress. This category of the World Retail Awards “recognise those retailers successful demonstrating how to trade in multiple countries and therefore stand out as world-class exponents of international retailing. This prize represents those retailers that are delivering great financial performance as well as demonstrating that they have strong consistency of the retail format in all its territories”. This significant honour to Inditex has been granted in the framework of one of the most relevant meetings of the fashion retail sector, the World Retail Congress. A jury comprised of some of the major worldwide experts in the retail sector has decided to award Inditex this prize.
Inditex chosen for listing on the FTSE4Good IBEX Index for another year
FTSE Group has retained Inditex as a member of the FTSE4Good Ibex following its 2009 review of companies listed on the index. Inditex has been included on FTSE4Good since March 2003 and has been part of the FTSE4Good IBEX, comprised of companies traded on Spanish stock exchanges, since the index’s creation one year ago. The FTSE4Good family of indices represents a significant benchmark for investors throughout the world who value companies working to bring their business operations into compliance with social, financial and environmental responsibility standards.
Oysho launches a project with WWF to protect marine animals
Inditex’s lingerie format puts to sale in its stores a CD and all proceeds form its sale shall be allocated to a WWF scheme to save dolphins and tortoises of the Mediterranean Sea.
“The Pull and Bear World Project”, an initiative in search of new artistic, social, environmental or sporting ideas
Pull and Bear is launching The Pull and Bear World Project, a competition aimed at young people all over the world with ideas that can surprise us and contribute something new to society. From 30 March to 10 July, Pull and Bear will compile all the projects submitted that are related to the arts, sports, and social and environmental commitment, values that the brand is founded on.
Inditex has been elected the company with the best repute in Spain
For the second straight year, Inditex leads the 2009 Merco (Business Monitor of Corporate Repute) ranking, having been voted the company with the best repute in Spain. Inditex’s Chairman, Mr Amancio Ortega, tops once again, and for the seventh year in a row, the list of the most valued corporate managers, for the seventh straight year.
Inditex to be part of the environmental awareness-raising “Earth Hour” event
Inditex will take part in the “Earth Hour” campaign, an event created by a NGO, WWF, and endorsed by United Nations. This is one of the biggest environmental awareness-raising acts against climate change ever carried out.
Bershka launches a store in an exceptional site in Saint Petersburg
Bershka has opened a new store in Russia, in the city of Saint Petersburg. The store is located in Nevsky Prospect, the best shopping street in the city and one of its major avenues considering the large number of historic buildings it contains. In fact, Bershka has launched this new project in a singular building of the XVIII century, spreading over 400 m² of floor area where it presents its collections. Opposite Bershka, Zara has its own store and Zara Home is located in a building known as ‘Mertens House’, without doubt one of the most singular stores of these formats in the country. To mark this launching, Bershka held a session of live music in which three of the best known DJ’s in the city took part; the format often resorts to this sort of initiatives, something that its customers really appreciate. Russia is a primary market in the expansion strategy of Inditex, with 107 stores launched, 18 of which are from the Bershka format.
Massimo Dutti opens its first store in Beijing
Massimo Dutti, with 470 stores in 38 countries, has chosen Solana Lifestyle Shopping Center for its first store opening in the capital of China. Located in North West side of Chaoyang Park, the largest urban park in Asia, Solana lifestyle shopping center is a rising commercial premise in Beijing. The Massimo Dutti store is in Solana’s brands street, spreading over 320 sqm with its Women and Men Spring/Summer 09 collections.
Inditex take part of the Eco 10 index
For second time Inditex enters in the Eco 10 stock-market index created by El Economista, a Spanish financial daily, with the participation of 52 investment banks. The first entry of the company in the index, estimated by Dow Jones Sotxx, was on 30th December of 2006. According to the analysts consulted by the daily, the re-entry is due to “the excellent management of the company”.
Top Consulting Firms Rank Inditex Among the World’s Leading Companies in Sustainability
Inditex has been named one of the world’s most sustainable corporations, according to a study by PricewaterhouseCoopers (PwC) and Sustainable Asset Management (SAM). The study was designed to identify companies that stand out for their ability to manage sustainability and that also represent an appealing investment opportunity. The report contains an analysis of 57 industries and 367 of the 2,500 companies listed on the Dow Jones Wilshire Index. In addition, it highlights Inditex as one of the companies which has made the most significant progress in the sustainability field in the past year.
Zara Voted Best Fashion Store in Norway
Zara Norway was voted “best fashion store in Norway” by readers of Costume magazine, one of the country’s most influential fashion publications. Zara received the honour at the Costume Awards ceremony in Oslo. The magazine’s readers emphasised Zara’s ability to offer a product range that always keeps pace with the latest style trends.
Zara opened its first shop in Norway in August 2006 and now has four stores there, three in Oslo and one in Trondheim. In addition, Inditex’s Norwegian business includes two Massimo Dutti stores.