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Zara-Owner Inditex Q1 Profit Beats Forecasts as Sale Boon Continues

Zara-owner Inditex said on Wednesday sales of its spring-summer collection jumped by 16% over the past month, in a sign the fast fashion retailer can continue its strong run despite higher wage costs and the loss of its Russian business. The results came as the world's biggest fast fashion company reported a better-than-expected 54% rise in first-quarter profit, as sales kept pace after a strong 2022, when it outperformed other retailers during the cost of living crisis.
United States Massimo Dutti Zara Owner Inditex Pull Bear
Source: aawsat.com

Industria de Diseño Textil (OTCMKTS:IDEXY) Sets New 52-Week High at $18.25

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY – Get Rating)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.25 and last traded at $17.95, with a volume of 119604 shares. The stock had previously closed at $17.14. Industria de Diseño Textil Price Performance The firm […]
Massimo Dutti Amancio Ortega Gaona Industria De Dise Get Rating Textil Price Textil Increases

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