Spain
Inditex continues to grow
The Spain-based fashion group has reported a strong performance in the first half of the year, with sales and net income up by 7.2% and 10.1%, respectively, on the same period of last year
Mango launches first campaign entirely generated by AI
The Spanish fashion group has used generative AI to create a campaign for the limited-edition Sunset Dream collection of its youth line. The initiative underlines the company’s commitment to innovation
OrthoLite expands European hub
The US-based insole manufacturer has announced the expansion its European facility, OrthoLite Europa (OEU), located in Almansa, Spain. The aim is to increase capacity and bring solutions closer to its European partners
Inditex joins Pack4Good initiative
The parent company of brands such as Zara, Berksha and Massimo Dutti has joined Canopy’s Pack4Good initiative to help protect endangered forests by reforming its paper packaging
Hoff looks to expand in India
The Spanish sneaker brand has teamed up with the e-commerce giant Myntra to enter the Indian market. This move is part of the company’s international growth strategy
Inditex posts strong first quarter
The Spanish-based fashion retailer has posted a strong performance in the first quarter of the year. Sales were up by 7.1% and net income was up by 10.8%, as compared to the same period of 2023
Registration open for the next edition of Futurmoda
Registration is now open for the upcoming edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, which will take place next October from the 16th to the 17th
LVMH increases its stake in the Spanish tannery Riba Guixà
LVMH’s Métiers d’Art has signed an agreement to increase its stake in Riba Guixà, the Spanish tannery renowned for its expertise in tanning Enterfino lambskin
Spain Retail: concerns grow for retailers after an unexpected fall in sales
While 2024 began with consistent, albeit modest (around 1% monthly) growth, a concerning trend emerged in March, with retail sales falling sharply by 7.9% as compared to the previous month. However, a silver lining remains. Fashion is currently the retail sector experiencing the least inflation, and consumers still hold some optimism about the overall economy. This suggests that a period of resilience may be needed from retailers, but a potential rebound could be on the horizon
Portugal surpasses Spain in footwear production
Portugal has become Europe’s second-largest footwear producer, overtaking Spain. According to Eurostat, Portugal produced 85 million pairs of shoes in 2022, two million more than its Spanish rival
Futurmoda attracts around 5 000 attendees
The 51st edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, held in Spain, closed with a final figure of over 5 000 visitors
Strong performance of Inditex in 2023
The Spain-based fashion group reported a 10.4% year-over-year growth in sales to 35.9 billion euros in 2023, with positive results across all channels and regions. Profits up by 30.3%
Mango hits the 3 billion sales mark
The Spanish-based fashion group has increased its turnover by 15%, reaching more than 3.1 billion euros for the first time in 2023. It aims now to pass the 4 billion mark by 2026
Spanish footwear exports slowed down in the second half of 2023
After a solid start to 2023, Spanish footwear exports slowed in the second half of the year due to deteriorating consumption patterns and adverse macroeconomic and weather conditions
Hoff partners with Newmark Retail to fuel European expansion
The Spanish footwear brand has appointed the strategic retail property advisor Newmark Retail UK & EMEA to support its national and international retail growth strategy-
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