REVEALED: 4 | Rare Historical Photos

Zara owner’s sales jump by 36% as shoppers return to high streets

Inditex experiences ‘significant rebound in traffic’ to stores that offsets 6% decline online

The Guardian - UK · Jun 8, 2022

Zara Owner Inditex’s Quarterly Profit Jumps 80% on Post-COVID Wardrobe Renewals

Fashion giant Zara's owner Inditex reported on Wednesday its net profit in the February-April period jumped 80% to 760 million euros ($812.06 million), in line with analysts' expectations as sales surpassed pre-pandemic levels. Sales at the world's largest fast fashion retailer reached 6.7 billion euros, 36% more than a year…

Asharq Al-Awsat · Jun 8, 2022

Zara Owner Inditex Set to Benefit from Higher Prices

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said. As a cost of living crisis intensifies across the region, Europe's retailers are facing a tricky balancing act between passing on rising supply…

Asharq Al-Awsat · Jun 2, 2022

Zara Owner Inditex Halts Trading in Russia

Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday to the Spanish regulator. "In the current circumstances Inditex cannot guarantee the continuity of the operations and commercial conditions in the Russian Federation and temporarily…

Asharq Al-Awsat · Mar 5, 2022