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LONDON, June 7 — Zara owner Inditex said today sales of its spring-summer collection jumped by 16 per cent over the past month, maintaining its strong run despite higher wage...
Inditex (Zara, Pull&Bear and more) has started the year on a strong note. Sales were up 13%, while net profit even climbed more than 50%.
Zara owner Inditex has reported a better-than-expected 54% rise in first-quarter profit, as sales kept pace after a strong 2022.
The fashion giant reported a 52% jump in pre-tax profits to 1.5 billion euros (£1.3 billion) in the three months to April 30.