Spanish retailer Inditex, owner of the popular brand Zara, is set to strengthen its position in its second most significant market — the United States. Despite the trade policies of Donald Trump's administration, which involve imposing tariffs, CEO Óscar García Maceiras announced on Friday that Inditex will continue to expand its store network in the US.
Zara, the renowned fast-fashion retailer owned by Inditex, has taken a significant step in its global development strategy by opening a new-format flagship store in Nanjing. This innovative format is designed to enhance customer experience and strengthen the brand's position in the Asian market.
Inditex, the parent company of Zara, has secured its position as the world's largest fashion retailer, reporting its fourth-quarter results through January 31. The company met analysts' expectations, marking another year of consistent growth despite global economic uncertainties.