Inditex, owner of the well-known European fashion retail brand Zara earned a place in the 100 billion club while its co-founder Amancio Ortega becomes the second wealthiest man in the world. What's the secret behind Zara?
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Gap Inc (GPS.N) has struck a deal with Europe's largest dedicated online fashion retailer Zalando (ZALG.DE) to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.
Japan's Fast Retailing Co. is planning a secondary public offering in the Hong Kong Stock Exchange next year. If successful, the Tokyo-listed retail holding company would become the third Japanese company to list in Hong Kong.
Sandra Ortega Mera inherits shares in Inditex and Rosp Corunna Participciones Empreseriales SL, which owns the world's largest clothing retailer Zara.
