Inditex quietly grooms cut-price brand for budget battle
ARROYOMOLINOS, Spain (Reuters) - At the Xanadu shopping mall in Madrid's suburbs, the indoor ski slope is busy with children but the designer stores are quiet. In this former mecca...
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Inditex quietly grooms cut-price brand for budget battle
ARROYOMOLINOS, Spain (Reuters) - At the Xanadu shopping mall in Madrid's suburbs, the indoor ski slope is busy with children but the designer stores are quiet. In this former mecca...
Cut from the same cloth: Esprit tries on Zara for fashion makeover
HONG KONG/MADRID (Reuters) - Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existing...
Spain’s Santander to buy 51 percent of El Corte Ingles finance arm
MADRID (Reuters) - Spanish bank Santander said on Monday it had agreed to pay 140 million euros ($190 million) for a 51 percent stake in the country's largest consumer finance...
Spain’s Mango takes on retail fashion rivals Inditex, H&M
BARCELONA (Reuters) - Shoppers in the 109 countries where Spanish fashion chain Mango has stores recognize its celebrity faces well, but few know much about the company behind the clothes...
Recluse behind Zara is now world’s third richest man
MADRID (Reuters) - Spain's Amancio Ortega, elevated by Forbes to become the third richest person in the world, may have discovered fashion's secret of eternal youth. The "fast fashion" tycoon's...
Workers and police clash at airport during Iberia strike
MADRID (Reuters) - Striking union workers clashed with police at Madrid's Barajas airport on Monday on the first day of a week-long strike over more than 3,800 pending job cuts...
Workers and police clash at airport during Iberia strike
MADRID (Reuters) - Striking union workers clashed with police at Madrid's Barajas airport on Monday on the first day of a week-long strike over more than 3,800 pending job cuts...
Spain’s Rajoy adds some stimulus to the austerity
MADRID (Reuters) - Spain's conservative prime minister is preparing a package of small measures - such as tax breaks for young entrepreneurs - to stimulate the economy even as he...
Same-sex marriage upheld by Spain’s highest court
MADRID (Reuters) - Spain's highest court upheld the country's gay marriage law on Tuesday, rejecting an appeal lodged by the ruling People's Party seven years ago and confirming the legality...