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Dec 13, 2023 · Zara owner Inditex said on Wednesday its net profit jumped 32.5 per cent in February-October, but the fast fashion giant’s sales growth in the nine-month period slowed down from a year ago amid ...
Jun 10, 2020 · The most recent quarter’s loss includes a €308m charge for its “store optimisation” programme. First-quarter sales fell 44 per cent from a year ago to €3.3bn, as it shut almost 90 per ...
- Sarah Provan
Jun 5, 2024 · The company put its boost in sales down to “the creativity of the teams and the strong execution of the fully integrated business model”. Gross profit increased by 7.3% to £4.1 billion (€4.9 billion) and gross margin reached 60.6%.
Dec 13, 2023 · Zara owner Inditex said on Wednesday its net profit jumped 32.5% in February-October, but the fast fashion giant's sales growth in the nine-month period slowed down from a year ago amid tougher ...
Dec 13, 2023 · The Spanish group said on Wednesday that sales increased by 6.6 per cent to €8.8bn in the three months to the end of October, slightly less than analysts had expected and a drop from growth of ...
Jun 11, 2020 · Rival H&M warned it would make its first quarterly loss in decades in the March to May period. Inditex's quarterly loss included a 308 million euro provision to close up to 1,200 smaller stores in ...
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Sep 21, 2021 · By guest author Gabriela Barkho from Modern Retail. Zara is recouping its losses as apparel sales rebound. After taking a hit during 2020 due to the coronavirus, the fast-fashion retailer’s revenue has returned to pre-pandemic levels, parent company Inditex reported during its earnings this week.
