Nitin Waghela
Zara’s parent firm expands Gen Z focused label
Inditex is expanding its low-priced brand Lefties to counter Chinese-founded rival Shein
Source: Unsplash
Consistent growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and H&M
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Zara has become less competitive on price since Inditex started hiking prices at its core brand
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Lefties, which started life as an outlet for Zara leftovers, now has stores in 17 countries, including Egypt, Mexico, and Romania
Source: Unsplash
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