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Inditex defies consumer gloom with strong summer sales

Zara owner Inditex has today reported a strong start to summer trading as currency-adjusted sales grew 11.5% in May, handily beating analyst expectations, even as Iran war inflation worries dent consumer confidence.
Business • 7 hrs

H&M shares slip as soft March sales offset profit beat

Fashion retailer H&M has today forecast a small rise in March sales, a subdued outlook that hit its shares despite a bigger than expected increase in first-quarter profit, helped by tight cost control.
Business • 26 Mar

2023 revenues at Irish arm of H&M jump by 81%

Pre-tax profits at the Irish arm of clothing retail giant H&M more than doubled to €720,667 in 2023.
Business • 17 Apr 25

Inditex's strong autumn sales offset H1 growth slowdown

Zara owner Inditex has today reported a rebound in recent sales of its first autumn-winter collections, offsetting a slowdown in sales in the first half of the year that was in line with analysts' expectations.
Business • 11 Sep 24

Next raises full year profit outlook again

Clothing retailer Next has today raised its full-year profit outlook for the fourth time in six months as it reported better-than-expected sales in a third quarter heavily impacted by variable weather.
Business • 01 Nov 23

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