Inditex

Inditex profits fall to €1.1bn despite strong online sales

Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m)…

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TK Maxx closes UK stores amid Covid-19 virus outbreak

Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the…

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Zara closes almost 4,000 stores globally amid coronavirus outbreak

The parent company of Zara has closed almost 4,000 of its stores across the globe amid the recent outbreak of…

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Inditex reveals boost to net sales and profit

The parent company of Zara, Inditex, has posted “strong” trading results for the first nine months of the year. Following…

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Mike Ashley to seek turnover rents across Sports Direct Portfolio

Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance.…

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Inditex reports record net sales and revenue in H1

Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019.…

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Fast fashion and the role that retailers have to play in tackling it

The fashion industry has never been without its critics, but today it seems to be drowning in them. PETA’s iconic…

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Zara owner Inditex launches new sustainability strategy

Inditex, the parent company of fashion brands Zara, Pull&Bear, Stradivarius and Massimo Dutti has unveiled its new sustainability line that…

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Zara owner records a 10% profit rise

Spanish fashion retailer Inditex, has announced a 10% rise in net profit for Q1, up to €734m (£634m). Net sales…

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Zara owner Inditex to promote Carlos Crespo to CEO

Fashion retailer Zara’s parent company Inditex has said it will promote its current COO, Carlos Crespo, to the role of…

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