Inditex
Inditex reports sales growth of 19%
The Spanish-based fashion group reported a sales increase of 19% in the first nine months of 2022, reaching 23.1 billion US dollars, as compared to the same period of last year
Zara to launch Pre-Owned pilot project in the UK
This service, which will be launched on the 3rd of November, intends to help customers repair, resell or recycle their clothing. Zara's goal in the long term is to reduce its environmental impact
Inditex posts strong performance
The Spanish-based fashion group reported that sales, EBITDA and net income reached historic highs in the first half of 2022
Inditex reports revenue growth
The fashion group posted revenue growth of 36% in the first quarter of 2022, year-over-year, driven by the recovery of in-store footfall and the success of its brands’ collections
Inditex posts sales above pre-pandemic levels
The group reported revenue of 27.72 billion euros in 2021, despite COVID-19's impact in the first and fourth quarters. Online channel continues to gain track, representing 25.5% of total sales
Fashion brands halt sales in Russia
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
Inditex reports record revenue
The Spanish-based fashion group announced record revenue and profit in the third quarter of 2021. Overall, revenue for the first nine months of the year totalled 19.3 billion euros
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