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Dec 15, 2020 · In results published on Tuesday, the Spanish group, best known for its Zara chain, reported sales of €6.05bn in the three months to the end of October, a 14 per cent fall on the same period a...
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 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...
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...
Mar 13, 2024 · It reported a 10.4% jump in sales to 35.9 billion euros (£30.7 billion) in 2023, compared with 32.6 billion euros (£27.9 billion) the previous year. At fixed exchange rates, sales surged by...
- Anna Wise
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.
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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.
