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Zara owner Inditex posts sales and profit growth

In the nine month period, Zara owner Inditex recorded sales growth of 7.1 percent to reach 27.4 billion euros. The Spanish group, who also owns other brands such as Massimo Dutti, Pull & Bear and Bershka reported gross profit increase of 7.2 percent to 16.3 billion euros, while gross margin reached 59.4 percent, up 4 bps. The company said in a...

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BusinessFeatured

‘Canvas for Creativity’: Pull&Bear to expand BFC partnership beyond LFW

It was just this year that Inditex-owned Pull&Bear had announced its sponsorship of the British Fashion Council (BFC) NewGen programme, and yet the retailer has already reaffirmed its commitment to the backing of emerging UK designers. During the latest London Fashion Week (LFW), this scheme took shape in the form of a runway at an exclusive...

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