Inditex
Zara founder Ortega goes on deal spree to shield US$104 billion from tax
The spending spree coincides with him receiving his biggest-ever annual dividend in early May from the retail giant he founded more than six decades ago
Zara owner Inditex posts record annual profit as billionaire Ortega takes 3 billion euros in dividends
[MADRID] Zara owner Inditex, the world’s biggest fashion retailer, reported a record annual profit for the third consecutive year on Wednesday (Mar 12) due to dynamic sales and higher prices.
Zara owner Inditex’s sales growth slows as holiday shopping begins
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season.
Zara owner Inditex sees early autumn sales perk up after summer slowdown
ZARA owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday (Sep 11), boosting its share price as the world’s largest listed fashion retailer recovered from a summer marre...
Zara owner Inditex slashes China stores in digital focus
ZARA-OWNER Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a fifth of its stores in the country in a sign its f...
Zara-owner Inditex gets spring season boost from upmarket fashion
ZARA-OWNER Inditex’s sales jumped 11 per cent at constant currencies in the first half of its spring season, boosted by upmarket fashions and continuing the strong momentum that saw its 2023 sales gro...
Zara owner Inditex reports strong holiday sales and lifts margin outlook
ZARA owner Inditex reported strong holiday season trading with sales up 14 per cent in the six weeks to Dec 11 and raised its margin outlook for the year, helping push its shares to an all-time high o...
Zara billionaire founder’s real estate fortune hits 18.1 billion euros
FASHION billionaire Amancio Ortega’s real estate investments recorded a 19 per cent increase in value in 2022, as it expanded into logistics and added luxury apartment buildings.
Zara-owner Inditex enjoys strong start to summer
ZARA owner Inditex said on Wednesday (Jun 7) sales of its spring-summer collection jumped by 16 per cent over the past month, maintaining its strong run despite higher wage costs and the loss of its s...