Zara Workers In Spain Start Protests To Demand Higher Pay
Dozens of Zara shop assistants protested in Madrid on Thursday outside the global fashion giant's largest store to demand higher pay, and some workers in its home town in northwest Spain went on strik…
Analysis: Price Hikes Test Inditex's Ability To Stay In Fashion
Zara owner Inditex's strong first-half results show its strategy of raising prices since early 2022 paying off so far, but it and other fashion retailers have to be careful not to overdo it with furth…
'No One Can Stop Them': African Migrants Aim For Spain's Canary Islands
Standing in a cemetery of abandoned boats, Mohamed Fane picks a West African franc off the floor and shudders at the traumatic memory of his voyage from Senegal to the Canary Islands.
Spanish Farmers Fear Olive Oil Output Could Plunge A Third
Farmers in southern Spain fear extreme drought and consecutive heatwaves this year could cut olive oil output in the world's largest producer by nearly a third in the 2022/23 season.
Spain-based Cabin Crew At EasyJet Plan July Strike
Spain-based cabin crew at easyJet plan to go on strike for nine days in July to demand higher pay from the budget airline, local union USO said on Tuesday, potentially adding to travel woes as the sec…
Sunny Spain's Green Energy Plan Leaves Needy Feeling Cold
Standing by his swimming pool at his home in an affluent Madrid suburb, retired engineer Juan Manuel Cosmes Cuesta enthuses over the 30% state subsidy he will get for installing solar panels that have…
Zara Owner Inditex Bucks Retail Trend As Sales Boom
Fashion giant Zara's owner Inditex reported an 80% jump in quarterly profit on the back of soaring sales as consumers revamped their wardrobes after months spent stuck at home during the pandemic lock…
Zara Owner Inditex Set To Benefit From Higher Prices
Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.
Spain Finds Yacht And Other Assets Of 15 Sanctioned Russian Oligarchs
The Spanish authorities have identified assets, including houses, companies and at least one luxury yacht, belonging to 15 Russian oligarchs on the EU sanctions list, an official overseeing property r…
Analysis-More Than A Chairperson - Founder's Daughter Takes Zara Helm
The daughter of Inditex's billionaire founder takes the helm of his Zara fashion empire on Friday with a more hands-on role than originally expected by outsiders, though a much lower salary than her v…
Russia Clouds Prospects For Inditex After Sales Surge
Sales at Zara owner Inditex surged well above pre-COVID levels at the start of its new financial year, though the world's No.1 fashion retailer faces a challenge in the months ahead after it stopped t…
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