Zara owner Inditex boosts profits as sales grow across board / Photo: Martin LELIEVRE - AFP
-
Municipal Elections: How Service Failure Becomes a Public Health Crisis in South Africa
-
Turkish Energy Minister Highlights Qatar as Key Partner for Regional and Global Energy Security
-
Rene Eyre Revisits Autobiographical Performance 'Say A Little Prayer' in London
-
London Museum Granted 24/7 License Ahead of November Opening
-
UAE's HCT Holds Record Graduation and Announces Major Training Expansion
-
Dana White Confirms Flight to Washington for Trump Meeting on Press Secretary Role
-
NASA Awards $10B Lunar Contract Framework to SpaceX, Blue Origin
-
Dengue Fever Expands Into High Himalayas as Climate Change Warms Nepal
-
Katy Perry Tells Fans Ex-Husband Russell Brand 'Should Be in Jail' During UK Concert
-
IoT Refrigerator Hacks Disrupt Blood Labs and Supermarkets Across Europe and US
-
South African election results renew debate over identity-based voting
-
Post-election pressures complicate US and Israeli decisions on Iran
-
South African voters report smoother local election but declining IEC trust
-
UN members approve talks on treaty protocol against environmental crime
-
Dolly Parton museum and Nashville hotel open after singer’s death
-
Family-run West Sussex beach café prepares for first winter season
-
George and Amal Clooney attend New York political-comedy reading
Zara owner Inditex boosts profits as sales grow across board
Zara owner Inditex, one of the world's largest fashion retailers, reported Wednesday higher profits for the first half of its fiscal year as its brands withstood fierce competition and boosted sales.
The Spanish group notched three billion euros ($3.5 billion) in profits from February to July, a 6.8 percent increase on the same period in 2025.
Sales grew 7.6 percent year-on-year to reach 19.8 billion euros as "the spring/summer collections have been very well received by our customers", Inditex said in a statement.
The company said sales showed "satisfactory development both in stores and online", with all its brands -- including Pull & Bear, Massimo Dutti, Bershka, Stradivarius and Oysho -- registering higher takings.
Chief executive Oscar Garcia Maceiras hailed in the statement "excellent results" that were achieved "in a highly complex global environment".
The Middle East war, triggered by US-Israeli strikes on Iran in February, rattled prospects for a world economy already jolted by Donald Trump's tariffs and geopolitical tensions.
Like many competitors, Inditex is also facing pressure from fast-fashion online retailers such as Shein, whose rapid growth has disrupted established apparel groups.
Inditex, which operates in 215 markets worldwide, said its business model, "characterised by flexibility, responsiveness and within-season sourcing, permits us to react to fashion trends, reinforcing our unique market position" in a fragmented sector.
"By continually investing in our stores, our global online channel and our centralised logistics platforms, with an accompanying focus on sustainability, we will continue to generate long-term growth," the group said.
M.Carneiro--PC
