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In-store and online sales for Inditex - the world's biggest fashion retailer - reached €32.6 billion last year

Zara owner Inditex's profit jump by 27% in 2022

Zara owner Inditex has posted a 27% net profit increase in 2022 as sales exceeded pre-pandemic levels in the first full year since Marta Ortega, daughter of founder Amancio Ortega, took over at the helm of the company.

Business • 15 Mar 23

Zara-owner Inditex is the world's biggest fast fashion retailer

At the home of Zara, fast and slow fashion collide

In Spain's A Coruna, two contrasting fashion business models collide - pitching the growing demands for the clothing industry to become more sustainable against the constant need to drive sales.

Business • 28 Feb 23

Inditex had raised prices by 5% or more since spring to anticipate with inflationary pressures in several markets

Inditex's 9-month profit jumps as it increases prices

Zara owner Inditex has today posted a 24% increase in net profit for the first nine months of its fiscal year, as price rises helped offset weakening global demand for clothing.

Business • 14 Dec 22

Zara is moving into the second-hand clothing business in the UK

Zara UK customers offered in-house swap & mend service

Zara said today it would launch an in-house service for UK customers to sell pre-owned clothes, repair or donate them, moving the Spanish brand into the second-hand clothing business.

Business • 21 Oct 22

H&M's fiscal third-quarter net sales were up 3% from a year-earlier at 57.5 billion crowns ($5.36 billion)

H&M sales miss as it struggles to compete with rivals

H&M has today reported lower-than-expected quarterly sales as shoppers tighten their belts with energy and food bills soaring and the world's second-biggest fashion retailer struggles to compete with rival Zara.

Business • 15 Sep 22

Inditex, which owns Zara, has today reported a 24.5% jump in six-month sales

Zara owner Inditex plans autumn price hikes

Fashion brand Zara's owner Inditex said today it plans to hike prices again this autumn, as one of the world's top clothes retailers tries to offset soaring costs despite worries demand will wane due to the cost of living crisis.

Business • 14 Sep 22

Netflix said its net sales were up 17% year-on-year, or 12% measured in local currencies

H&M's sales jump, but investors fret over margins

H&M, the world's second-biggest fashion retailer, posted a forecast-beating 17% jump in March to May sales, joining main rival Inditex in reporting a rebound in demand as pandemic restrictions have eased.

Business • 15 Jun 22

Net profit for the February-April quarter rose to 760 million euros

Zara-owner's profit up on post-Covid wardrobe renewal

Fashion giant Zara's owner Inditex has said its quarterly profit jumped 80% on the back of soaring sales as consumers stuck at home during the pandemic revamped their wardrobes.

Business • 08 Jun 22

Zara owner Inditex set to benefit from higher prices

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

Business • 02 Jun 22

Inditex closed its 502 shops and stopped online sales in Russia earlier this month

Inditex's 2021 net profit more than doubled from 2020

Sales at Zara owner Inditex surged well above pre-Covid levels at the start of its new financial year, though the world's biggest fashion retailer faces a challenge in the months ahead after it stopped trading in Russia, a major market.

Business • 16 Mar 22

At the end of November, around 115 H&M stores were temporarily closed due to restrictions, mainly in Austria and Slovakia

H&M latest sales rise 8%, returning to pre-Covid levels

H&M, the world's second-biggest fashion retailer, said today its sales measured in local currencies in the months from September to November matched levels achieved before the pandemic drove down demand.

Business • 15 Dec 21

Inditex said its sales between the start of November and December 10 increased 33% compared to the same time in 2020 and were 10% up from 2019

Inditex says current season sales ahead of 2019 levels

Inditex, the world's biggest fashion retailer, said its sales in recent weeks were up by a third on the same time last year and ahead of levels seen in 2019 before the pandemic.

Business • 15 Dec 21

Marta Ortega has been working at Inditex in different areas for the last 15 years

Inditex founder's daughter named as new chairman

Spanish fashion retailer giant Inditex said today that Marta Ortega, the daughter of its founder, will replace Pablo Isla, who successfully led the company for a decade.

Business • 30 Nov 21

The Spanish retailer said its sales were close to pre-pandemic levels as most stores reopened

Inditex says H1 sales close to pre-Covid levels

The owner of fashion brand Zara, Inditex, said today it booked a €1.27 billion profit in the first half of the year as sales approached pre-pandemic levels on higher global demand for fashion apparel.

Business • 15 Sep 21

Fashion retailers have been recovering from the blow in 2020 from the pandemic as economies reopen and restrictions ease

H&M lags Inditex in race to regain lost sales

The world's two biggest fashion groups are due to unveil quarterly sales figures on Wednesday, with number one Inditex seen back at pre-pandemic levels as stores reopen and people long to renew their wardrobe, while H&M still has some way to go.

Business • 13 Sep 21

Inditex said its net sales reached €4.9 billion, 48% more than in the first quarter of 2020

Zara owner Inditex books €421m profit in first quarter

Spanish retail giant Inditex reported a first quarter net profit of €421m today, beating analysts' expectations but still a third below pre-pandemic levels in the same February-April period.

Business • 09 Jun 21

The Zara owner said that an unprecedented 77% of online sales increase partly offset the pandemic's negative effects

Zara owner's net profit falls 70% as Covid hits

Zara owner Inditex has forecast healthy sales as soon as lockdowns are lifted, after the coronavirus crisis knocked its net profit to €1.1 billion in 2020, a drop of 70% on the previous year.

Business • 10 Mar 21

Fashion retailer Inditex, which owns Zara, has reported a 14% fall in sales in the three months from August to October

Zara owner Inditex narrows sales decline in Q3

Zara owner Inditex said today that many of its stores were closed or operating with restrictions as a fresh wave of Covid-19 lockdowns hindered the fashion giant's path to recovery.

Business • 15 Dec 20

The owner of Zara, Massimo Dutti and Bershka said 98% of its stores were open again

Zara owner Inditex returns to profit in second quarter

Fashion retailer Inditex returned to quarterly profit in the three months from May to July but reported sales down 31% on the same time last year as virus-wary consumers stayed away from city centre shopping districts.

Business • 16 Sep 20

First set up in 1999 as a way to clear Zara clothing from previous seasons, Lefties now has its own designers and ranges

Inditex starts online sales at budget brand Lefties

Zara-owner Inditex's little-known budget brand Lefties started online sales in Spain and Portugal today, giving the label a digital advantage over discount fashion chain Primark in its second-biggest market.

Business • 03 Sep 20

Inditex has a net loss of €409m on sales of €3.3 billion for the months between February and April

Zara owner Inditex books first-ever quarterly loss

Zara owner Inditex has today booked its first quarterly loss after the coronavirus crisis forced it to shut almost 90% of its stores in the three months from February to April.

Business • 10 Jun 20

Inditex said it was studying converting part of its textile manufacturing capacity in Spain to produce hospital gowns

Zara owner offers to make scrubs for Spain's hospitals

Zara owner Inditex, whose polka dot dress was a high-street sensation in 2019, may soon be stitching hospital scrubs, helping its home country Spain fight the coronavirus epidemic.

Business • 23 Mar 20

Nearly 4,000 Inditex stores are temporarily closed in 39 markets due to the outbreak of Covid-19

Inditex books €287m provision against virus impact

Zara-owner Inditex said today the coronavirus pandemic had dealt a significant blow to its business.

Business • 18 Mar 20

Inditex's brands include Massimo Dutti, Bershka and Zara Home

Inditex expects like-for-like sales growth of 4%-6%

Inditex, owner of fashion chain Zara, shrugged off malaise affecting the broader apparel sector to post strong profit growth today and forecast full-year same-store sales of up to 6%.

Business • 11 Dec 19

Zarar owner Inditex is the world's biggest fashion retailer

Zara owner Inditex posts strong first-half sales growth

The world's biggest fashion retailer, Inditex, has today reported strong first-half sales growth, buoyed by good summer weather in Europe.

Business • 11 Sep 19