Articles by Jaime Martinez
Puig maintains outlook after opening year with sales increase of 7.8 percent
Madrid – Even with a blackout and unprecedented problems in communications networks in the history of Spain, the fashion and beauty multinational Puig responded to its scheduled meeting with investors. As planned, it presented the sales figures recorded during the first quarter of its new fiscal year of 2025 on Monday, after the markets closed....
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Bershka adds a new market and lands in Sweden
Madrid – Bershka, Inditex's second-largest chain by business volume, behind only Zara, has added a new market with its launch in Sweden. The Northern European country is where the Spanish multinational's young fashion chain has just begun operations, opening its first store in the capital, Stockholm. It has taken exactly 40 days to materialise...
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A look into Puig's retail strategy for Dries Van Noten
Madrid – The most perfect harmonisation of universes around fashion and beauty supports Puig’s diversified business model. This is what could be discovered behind the walls of the new Dries Van Noten “boutiques”, one of the main houses in the Spanish multinational’s portfolio, which just opened in London and Tokyo. These openings serve as a...
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Inditex: How Trump’s current ‘asymmetric tariffs’ could impact the Spanish mulitnational
Madrid – Of all the possible scenarios, the one emerging from this “pause” of 90 days decreed by US President Donald Trump regarding the new tariff policy of the US, with its “asymmetric tariffs” for China and the EU, appears to be the worst, most unfavourable, and most challenging for the interests of Inditex. What are the reasons? Let's take a...
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Fashion and beauty stocks struggle on 'Black Monday': Prada drops 13 percent, On gains 3 percent
Uncertainty and panic over the effects of tariffs on the economy, coupled with fears that the trade war launched by the United States would only escalate, dominated the markets on Monday, in another dark day for the major stock indices. However, the day ended up being uneven among the major listed fashion and beauty companies posting losses once...
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Trump blows up fashion supply chains, with Turkey, Morocco and Egypt emerging as new ‘hubs’
Madrid – “Liberation Day” arrived, as the president of the US, Donald J. Trump, liked to call it. The trade war that the leader of the US promised to "correct" via tariffs, for what he considered to be abusive and non-reciprocal trade relations and have ultimately affected the economic and industrial performance of the US, has finally broken...
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Tendam enters Turkey with Women’secret
Madrid – Women’secret, the lingerie brand from the Tendam Group, has entered a new market with the opening of its first store in Turkey. The chain has just launched with the opening of its first establishment in Istanbul, the country’s capital. With a retail space of approximately 100 square metres, which the chain will use to sell its latest...
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Javier López appointed new CEO of Decathlon
Sportswear multinational Decathlon has restructured its leadership, appointing Spaniard Javier López as the company's new CEO. This appointment follows Julien Leclercq's naming as Chairman of the Decathlon Group last February. With a 26-year trajectory within the sportswear company, Javier López has held the position of Global Chief Value Chain...
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Tous surpasses 500 million euros in annual sales in 2024
Madrid – The jewellers Tous have just reported their financial results at the close of their latest financial year in 2024. This was the first year that the company concluded under the implementation of its new strategic “GEM” plan. This plan has proven to be a real game-changer, given the outstanding performance achieved, surpassing the 500...
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Zara launches flagship store model in China: first vending machines and Zacaffè in Asia
Spanish apparel giant Inditex has reaffirmed its commitment to China as a key market for future growth. Zara, the group's flagship brand, recently unveiled a new flagship store in Nanjing, the capital of Jiangsu province. This new location showcases latest store concept, featuring the brand's first apparel vending machines and Asia's first...
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