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Inditex, the world’s biggest clothing retailer, has slumped to its first quarterly loss as a public company and announced a €2.7bn plan that will see up to 1,200 stores closed as part of a push...
Dec 13, 2023 · Zara owner Inditex has reported a slowdown in sales growth, underscoring concerns about weakening consumer spending in the fashion sector.
Sep 21, 2021 · 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.
Jun 5, 2024 · Inditex, owner of Zara, Bershka, Pull&Bear and more, reported a “very robust operating performance” during the first quarter of 2024, with sales up by 7.1% to reach £6.9 billion (€8.2 billion).
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...
May 1, 2024 · How Zara recovered to surpass pre-pandemic sales (2024) 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.
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Sep 13, 2023 · Zara owner Inditex has revealed a sharp rise in profits on the back of strong sales of its spring-summer product lines. The world’s largest fashion business, which also owns the Pull & Bear and...