Rosalia Mera who co-founded of one the world’s largest retail giants Inditex has died at the age of 69.
Zara will be among Australian and international fashion brands to open as part of the final stage of the GPT Group’s $300 million Highpoint Shopping Centre development.
Zara has opened its fourth Australian store at Chadstone Shopping Centre in Melbourne.
Spanish clothing giant Zara has unveiled its new eco-store model at the launch of its latest Australian store in Melbourne.
Business information analysts IBISWorld have warned Zara's success in Australia is the exception to flat retail as more than a hundred fans of the Spanish chain waited hours this morning for the brand's first Melbourne store to open.
As part of a sneak preview, RetailBiz managed to catch a glimpse of the 1,400 square metre flagship store located in Westfield Sydney on Pitt Street Mall.
The 1,400 square metre concept store will showcase its women, men and kids’ autumn-winter collection that has been specifically designed for the southern hemisphere over three-levels.
In the Asian region, a total of 160 stores were opened bringing Inditex Groupâ€™s retail presence to 645 stores, which accounted for a 15 per cent of total sales.
Inditex Group has opened its 5,000th store in Rome by unveiling its most eco-efficient Zara store.
News is that the long-awaited Zara will be opening a Melbourne store in early 2011 and possibly earlier than the Sydney store, according to Monash University’s ACRS.
With 120 further stores still scheduled to open at Westfield Sydney, Datamonitor believes the highlight for the redeveloped shopping centre will be the arrival of Spain’s Zara in 2011.
As Zara prepares to enter the Australian market next year, the fashion retailer will be launching its online store to five European countries in November.
Owner of Zara, The Inditex Group, has increased its net sales by 14 per cent to 5,255 million euros in the first half of 2010.
As people are getting ready to spend post-GFC, Australian retailers need to be more innovative and bring more excitement to shopping, according to Australia's largest bi-annual study.
With the first stages of Westfield Sydney due to be revealed in just over month, Retailbiz chatted with Julia Clarke, Westfield Australia manager of corporate affairs, about the specs of the new space.
With Gap recently opening its first Australian store in Melbourne, it will soon be joined by international brand Zara.