Latest news with #Lefties
Fashion Network
4 days ago
- Business
- Fashion Network
Inditex to launch budget chain Lefties in key European markets; UK, France to be included
Home › News › Retail Download Print Lefties, the budget fashion chain operated by Spanish giant Inditex since 1999, is about to embark on an ambitious European expansion plan. Lefties is positioned in the entry-level price segment, having originally been an inventory clearance retailer for Inditex's Zara chain, and is set to take its first steps in several key European markets next year, as reported by Spanish fashion news outlet Modaes. Lefties In France, it will debut in an as yet unspecified city, as well as in the UK, Germany and the Netherlands. Contacted by the Inditex group's French management did not wish to comment on the news. Lefties has a strong presence in Spain and Portugal, and currently operates a chain of approximately 200 stores across 18 markets worldwide. Including notably the Middle East, where in recent years it made a breakthrough in countries like Saudi Arabia, Qatar, Bahrain, Kuwait and Oman. Lefties sells ready-to-wear, underwear, accessories and footwear for women, men and children. It recently also introduced home decoration, to acquire more of a lifestyle aura. Lefties is positioned in a market segment where chains like Primark and Zeeman are currently thriving, and has recently been veering towards higher-quality products and a more defined style. Prices range from €10 for a top to €13 for a pair of shorts and €22 for a March, although not yet present in France, Lefties dropped a collaboration with Paris Saint-Germain football club, a menswear capsule collection with a distinctive urban-contemporary style. A Lefties store in Barcelona, Spain - Shutterstock Lefties isn't yet treated as a separate entity within the Inditex group's financial reporting. In the last five years, its annual sales are said to have doubled to reach nearly €600 million in fiscal 2023-24, according to Modes. Inditex, led by Marta Ortega, recorded a 7.5% revenue growth in the last fiscal year, reaching €38.632 billion. In the same period, it generated a net income of €5.87 billion, up 9%. Copyright © 2025 All rights reserved. Tags : Fashion Ready-to-wear Fashion Retail
Fashion Network
4 days ago
- Business
- Fashion Network
Inditex to launch budget chain Lefties in key European markets; UK, France to be included
Lefties, the budget fashion chain operated by Spanish giant Inditex since 1999, is about to embark on an ambitious European expansion plan. Lefties is positioned in the entry-level price segment, having originally been an inventory clearance retailer for Inditex's Zara chain, and is set to take its first steps in several key European markets next year, as reported by Spanish fashion news outlet Modaes. In France, it will debut in an as yet unspecified city, as well as in the UK, Germany and the Netherlands. Contacted by the Inditex group's French management did not wish to comment on the news. Lefties has a strong presence in Spain and Portugal, and currently operates a chain of approximately 200 stores across 18 markets worldwide. Including notably the Middle East, where in recent years it made a breakthrough in countries like Saudi Arabia, Qatar, Bahrain, Kuwait and Oman. Lefties sells ready-to-wear, underwear, accessories and footwear for women, men and children. It recently also introduced home decoration, to acquire more of a lifestyle aura. Lefties is positioned in a market segment where chains like Primark and Zeeman are currently thriving, and has recently been veering towards higher-quality products and a more defined style. Prices range from €10 for a top to €13 for a pair of shorts and €22 for a dress. In March, although not yet present in France, Lefties dropped a collaboration with Paris Saint-Germain football club, a menswear capsule collection with a distinctive urban-contemporary style. Lefties isn't yet treated as a separate entity within the Inditex group's financial reporting. In the last five years, its annual sales are said to have doubled to reach nearly €600 million in fiscal 2023-24, according to Modes. Inditex, led by Marta Ortega, recorded a 7.5% revenue growth in the last fiscal year, reaching €38.632 billion. In the same period, it generated a net income of €5.87 billion, up 9%.
Fashion Network
4 days ago
- Business
- Fashion Network
Inditex to launch budget chain Lefties in key European markets; UK, France to be included
Lefties, the budget fashion chain operated by Spanish giant Inditex since 1999, is about to embark on an ambitious European expansion plan. Lefties is positioned in the entry-level price segment, having originally been an inventory clearance retailer for Inditex's Zara chain, and is set to take its first steps in several key European markets next year, as reported by Spanish fashion news outlet Modaes. In France, it will debut in an as yet unspecified city, as well as in the UK, Germany and the Netherlands. Contacted by the Inditex group's French management did not wish to comment on the news. Lefties has a strong presence in Spain and Portugal, and currently operates a chain of approximately 200 stores across 18 markets worldwide. Including notably the Middle East, where in recent years it made a breakthrough in countries like Saudi Arabia, Qatar, Bahrain, Kuwait and Oman. Lefties sells ready-to-wear, underwear, accessories and footwear for women, men and children. It recently also introduced home decoration, to acquire more of a lifestyle aura. Lefties is positioned in a market segment where chains like Primark and Zeeman are currently thriving, and has recently been veering towards higher-quality products and a more defined style. Prices range from €10 for a top to €13 for a pair of shorts and €22 for a dress. In March, although not yet present in France, Lefties dropped a collaboration with Paris Saint-Germain football club, a menswear capsule collection with a distinctive urban-contemporary style. Lefties isn't yet treated as a separate entity within the Inditex group's financial reporting. In the last five years, its annual sales are said to have doubled to reach nearly €600 million in fiscal 2023-24, according to Modes. Inditex, led by Marta Ortega, recorded a 7.5% revenue growth in the last fiscal year, reaching €38.632 billion. In the same period, it generated a net income of €5.87 billion, up 9%.
