March 1, 2021
Zara, the Spanish fashion brand issues a statement seeking to distance itself from Hong Kong controversy

Zara, the Spanish fashion brand issues a statement seeking to distance itself from Hong Kong controversy

A statement declaring support for China’s sovereignty over the Asian financial hub, Hong Kong was released by Zara, the Spanish fashion brand on Chinese social media with hopes to avoid becoming involved in the controversy over the ongoing protests in Hong Kong.

Ming Pao, a Hong Kong newspaper has asked if four Zara stores in Hong Kong this Monday was to support the student strike which further led to a large number of social media users from the mainland as well. Eventually, later that day, the world’s biggest clothing retailer, Inditex owned fashion brand, Zara gave its statement.

“One country, two systems” policy is being supported by Zara according to its statement on Weibo, China’s social media platform; which means it does not support the Hong Kong strikes and believes china rules Hong Kong.

As of Tuesday morning, the now top trending topic on the social media app bearing the one hashtag “Zara statement”; has been viewed over 170 million times.

The protests induced problems with transportation which caused a delay for Zara’s staff on Monday which has been cited as the reason why some of its stores opened with a delay that morning and notably they all managed to open on Monday, according to a source close to Inditex.

The unrest which had escalated almost three months ago took a turn for the worse this weekend as it it was marred by some major violence. However on Monday a peaceful protest by thousands of Hong Kong University and school students who had boycotted their classes was rallied.China has been pressurizing western and foreign brands to take a stand amid the protests and clarify their stand on China’s sovereignty over Hong Kong.

THOMAS ROBBINS

is a freelancer, a graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in Staten Island has been covering business and technology for a variety of publications since 1989. He worked for Red Herring, Beyond Computing & Accounting Technolgy. He covers accounting, taxes, finance, government news & technology for the site Mail me thomasrobbins@globepredict.com

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