Inditex books record half-year sales & profits
Spanish fashion giant Inditex enjoyed record sales and profits during its first half after defying currency pressures and tough retail conditions. The parent company of Zara, Pull&Bear, Massimo...
View ArticleInditex shares fall despite profit and sales growth
Zara’s parent company Inditex has reported rising sales and profits for the first nine months of 2018 thanks to a strong third quarter. The world’s largest fashion retail group saw net sales rise three...
View ArticleNew Look, H&M, Harrods, Zara join growing list of temporary store closures
// New Look, H&M, Zara, The Body Shop, River Island, Harrods, Harvey Nichols and others join growing list of retailers shutting UK stores // Temporary closures are due to coronavirus pandemic, to...
View ArticleInditex distribution activities slashed amid new Spanish lockdown rules
// 13 factories in Inditex’s home market switch to making medical supplies like masks and scrubs // Inditex’s logistics & distribution platform working at around 15% its usual levels of activity //...
View ArticleInditex profits drop as shop closures outweigh online growth
// Inditex profits reach £940m in its 2020 financial year // Inditex attributed its resilience to its ecommerce business // The fashion group operates chains including Zara, Zara Home and Pull &...
View ArticleZara owner Inditex sales smash £4bn
// Zara owner Inditex reports strong quarterly sales growth // Revenues have subsequently been ahead of pre-pandemic levels // Inditex sales rose 50% to £4.2bn in the first quarter to April 30 Zara...
View ArticleSt James Quarter adds Reiss to its line up
// St James Quarter in Edinburgh adds fashion retailer Reiss to its line-up // The retailer will occupy a 1,978 sq ft unit on level three Womenswear and menswear retailer Reiss is set to open a store...
View ArticleZara owner Inditex posts record Q3 profits as shares dip
// Zara owner Inditex has posted record sales and profit results for Q3 // Shares fell by more than 5% yesterday, following investor concerns around Omicron Zara owner Inditex has posted record sales...
View ArticleZara owner Inditex’s profits more than double in 2021
// Spanish retail giant Inditex, which owns Zara, reports rocketing annual sales and profits as it recovers post pandemic // A quarter of the group’s sales came from online, up from 14% pre-pandemic....
View ArticleZara: Why store expansion is a priority despite having 6,000 shops
Zara owner Inditex posted strong growth in full-year sales and profits this morning and a big reason was the crowds of shoppers heading to its stores. The Spanish fashion giant, which also owns brands...
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