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Inditex reorders global leadership with changes at Zara Kids and Italy

Lorenzo Marcheselli, who until now led the Galician group's business in Italy, has been appointed the new director of Zara Kids. He replaces Begoña Costas, who is retiring after a 46-year career at the company, as reported by Modaes. Costas, a key figure within Zara's organisational structure, leaves behind a career marked by the consolidation...

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Business

Shein reigns supreme, taking the lead apparel market share in 2024 amidst a tough economy

Shein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to familiar brands amid growing economic uncertainty. The Singapore-based Shein is estimated to have extended its apparel market share by 0.24...

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