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196 new news items in the last 24 hours
  1. Home
  2. Economy

Zara owner Inditex is expanding its Lefties brand to counter the rapid growth of rival Shein by focusing on low prices and online presence.

Adrian Rusu
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26 February 2024, 10:17
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Economy
Foto:facebook.com/LeftiesOfficial
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Shein's rapid growth with low prices and online marketplace is putting pressure on retailers like Inditex. The expansion of the affordable Lefties brand is part of a strategy to respond to increasingly fierce competition. Lefties has stores in 17 countries and is expanding its presence, becoming a way for Inditex to compete successfully in the fast fashion market.

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Profit.ro
Inditex, proprietarul Zara, extinde brandul cu prețuri mici Lefties, pentru a contracarea rivalul chinez Shein
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Timpul Moldova
Inditex extinde brandul cu preţuri mici Lefties, pentru a contracarea rivalul chinez Shein
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Economedia
Inditex, proprietarul Zara, îşi extinde brandul cu preţuri mici Lefties, pentru a contracara rivalul chinez Shein
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News.ro
LONDRA Inditex extinde brandul cu preţuri mici Lefties, pentru a contracarea rivalul chinez Shein

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Shein raised 1.7 billion dollars at its listing in Hong Kong. The online retailer was valued at 26.3 billion dollars, below previous expectations.
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Shein reported a net loss of 99 million dollars in the first quarter of 2026, in the context of slowing sales and the removal of tax exemptions for small imports.
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Shein recorded a loss of 99 million dollars in the first quarter of 2026, after changes in the customs regime in the United States heavily affected the company's sales.
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