• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Bershka, Pull & Bear and Stradivarius pulls out of China

7th January 2021

Bershka, Pull & Bear and Stradivarius pulls out of China Pin It

Bershka, Pull & Bear and Stradivarius are retreating from China. The Spanish parent group Inditex has decided to close all the physical shops of the brands by the end of this month, reports the British fashion magazine WWD based on insiders.

The websites of the shops are still active in the Asian country. Inditex is also known for Zara, Massimo, Oysho and Dutti. The chains will still be with branches in China.

The three chains that disappear from China each had about a dozen branches in the country. They focus on the fast fashion market, cheap clothes to the very last fashion trends. The fierce competition from Chinese chains on that market would be the reason for the departure. Last year Inditex closed 120 stores of Bershka, Pull & Bear and Stradivarius. Inditex did not want to respond to WWD’s questions about the news.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

European service economy suffered…

In Foreign Affairs

European service economy suffered the greatest blow ever recorded

View Post

Next Post

China tries to suppress Alibaba…

In Foreign Affairs

China tries to suppress Alibaba investigation press coverage

View Post

In Domestic Affairs

Brexit causes a massive HR re-distribution among financial specialists

View Post

In IT, Innovation and Startups

Jack Ma considers divestment from ANT Group

View Post

In IT, Innovation and Startups

NVidia will not abandon the plan to acquire ARM

View Post

In Money Matters

Amazon may become 6th largest supermarket chain

View Post

Newsletter

Latest News

View

British flower delivery service acquires a competing Dutch service

23rd April 2021

View

Economic activity indicator is the highest in 27 years

23rd April 2021

Boris Johnson

View

Dyson tax case may vacuum out several MPs and PM

22nd April 2021

View

Sleepy Joe turns out to be Speedy Joe, according to Richard Koo

21st April 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]