11-12-2024 08:24 via retailgazette.co.uk

Zara owner Inditex boosts sales with strong autumn collections

Zara owner Inditex saw sales rise 7.1% to €27.4bn (£23.4bn) for the first nine months of 2024, driven by strong demand for its autumn winter collections.
The Spanish fashion giant’s gross profit increased to 7.2%, reaching €16.3bn (£14.0bn), and its gross margin remained stable at 59.4%.
Despite challenges faced by other retailers, including poor weather conditions and increased operational costs, Inditex saw positive sales growth across its portfolio of brands, which
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