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Dec 13, 2023 · Zara owner Inditex has reported a slowdown in sales growth, underscoring concerns about weakening consumer spending in the fashion sector.
Jun 10, 2020 · 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...
- Sarah Provan
Dec 15, 2021 · Zara-owner Inditex posts record results but Omicron casts shadow. Shares of world’s biggest clothing retailer fall as investors try to size up threat from new coronavirus variant. Inditex’s...
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 11, 2020 · MADRID (BLOOMBERG, REUTERS) - Zara owner Inditex said it is permanently closing as many as 1,200 stores - 16 per cent of it's outlets worldwide - as the world's largest fashion retailer moves...
Jun 6, 2023 · Investors will closely watch Zara owner Inditex's profit margins for any signs of weakness after a stellar series of results confirmed its lead over smaller Swedish rival H&M.
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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.
