Retailers upbeat as economy recovers: Zara owner Inditex, B&M and WH Smith report rising sales
Inditex, which owns fashion chain Zara - modelled by Nyawurh Chuol (pictured), said sales were up 12% for the period between May 1 and June 3.
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Inditex, which owns fashion chain Zara - modelled by Nyawurh Chuol (pictured), said sales were up 12% for the period between May 1 and June 3.
Zara owner Inditex (ITX.MC) reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday as the world's top fashion retailer delivered quarterly results in line with expectations. The Spanish company said sales rose 12 per cent between May 1 and June 3 from the same…
On Wednesday, Inditex, the parent company of Zara and the world's largest fashion retailer, reported a record-breaking net profit for the first quarter, despite increasing competition from the online fashion retailer Shein. Inditex, which also owns brands like Bershka, Massimo Dutti, and Pull&Bear, has delivered strong financial results, with its share price climbing in recent
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