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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...
Jun 5, 2024 · Zara owner reports “robust” performance and reveals €1.8bn logistic expansion plan. 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).
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.
Sep 13, 2023 · The world’s largest fashion business, which also owns the Pull & Bear and Bershka brands, saw pre-tax profits jump by 39% to 3.3 billion euros (£2.85 billion) over the first half of 2023. It came...
Apr 13, 2021 · Zara has reported its first loss since going public 2 decades ago due to coronavirus pandemic, Two months later lockdown has forced Zara to shut down almost 90% stores in every country which has caused a drop in his first-quarter sales.
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...
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Jun 5, 2024 · Inditex is also moving forward with a significant logistics investment, first announced in March. That will amount to 900 million euros a year for the next two years.
