Inditex

Zara-owner Inditex enjoys strong start to summer

Sales of spring-summer collection rose 16% in past month Net profit of 1.2 billion euros exceeded analyst expectations Results come despite 20% rise in average wages in Spain Company to…

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In the background, Inditex heiress sets tone for Zara revamp

By Corina Pons and Helen Reid MADRID, (Reuters) - A year into chairing the world's biggest fashion retailer, Marta Ortega is trying to shake up Zara owner Inditex's fast-fashion image…

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Zara owner Inditex invests in tech to speed future sales

Inditex shares down 4% on higher capex Spring-Summer 2023 sales keep pace after strong 2022 Inditex to phase out hard tags in stores, invest in automation By Corina Pons A…

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Zara owner Inditex agrees 20% pay hike in Spain

MADRID (Reuters) - Shares in Zara owner Inditex fell as much as 4.7% on Friday after the world's biggest fast fashion retailer agreed an inflation-busting 20% increase in average wages…

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Zara owner Inditex closes Russian stores and online platform

MADRID, March 5 (Reuters) - Spanish fashion retailer Inditex ITX.MC has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday. The Zara owner…

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Zara owner Inditex sales rebound to top pre-pandemic levels

Fashion brand Zara owner Inditex rebounded with an 850 million euro second-quarter profit on Wednesday as sales topped pre-pandemic levels, outshining Swedish rival H&M. The world's biggest fashion retailer's sales…

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Spain’s Inditex books 421 mln euro profit for Q1, beats estimates

Spanish retail giant Inditex reported a first-quarter net profit of 421 million euros ($513 million) on Wednesday, a number that easily beat analysts' expectations but was still a third below…

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Zara owner registers first-ever quarterly loss as sales tumble

Zara owner Inditex booked its first quarterly loss on Wednesday after the coronavirus crisis forced it to shut almost 90% of its stores in the three months from February to…

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Spanish clothing company Inditex announces 12 percent increase in benefits in nine months

Spanish clothing company Inditex, owner of Zara, announced a 12 percent increase in benefits in the last nine months with a net profit of 2,720 million euro, a 12 percent…

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