Indetex news and archive

Inditex nine month sales up 10 percent, net profit rises 6 percent

The Inditex Group’s net sales rose by 10 percent in the first nine months of fiscal 2017 – from 1 February to 31 October –, on top of the 11 percent growth recorded in the same period of 2016, to 17.96 billion euros (21 billion dollars). Net profit for the period was 2.3 billion euros (2.7 billion dollars), with year-on-year growth of 6 percent....

Apparel

Global sales boost Zara profits

The owner of fashion chain Zara has seen its quarterly profits soar 63%, boosted by the upturn in the global economy and new store openings. Inditex made a net profit of 301m euros ($360m; £249m) in the first three months of 2010, up from 184m euros for the same quarter of last year. Total sales at the Spanish company increased by 14% to 2.7bn...