Zara owner Inditex expands bargain brand to counter Shein
By Reuters API Published Feb 23, 2024 Zara owner Inditex, the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. Reuters The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and Sweden’s H&M … Read more
