Zara owner Inditex profits and sales jump

Zara owner Inditex enjoyed a strong FY24 as it posted a 10% increase in pre-tax profit to £6.39bn (€7.6bn) in the year to 31 January, up from £5.79bn (€6.9bn).
Sales for the Spanish fashion giant jumped 10.5% in currency-neutral terms to £32.5bn (€38.6bn), which it attributed to a positive performance across all its fashion brands.
The group, which owns Massimo Dutti, Stradivarius and Bershka, said its collections had been well received by customers, helping to p