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 pointed to “very satisfactory” sales which hit 38.6 billion euros in 2024, a 7.5 per cent increase from the previous year.

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 has been a standout performer among Europe’s clothing retailers, as rivals struggled with unseasonably warm weather and weak demand in key markets.

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 said its sales between Aug 1 and Sep 8 saw an 11 per cent boost in constant currency compared with a year ago.

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...

Of 123 net store closures globally last year, 50 were in China, Inditex’s annual report showed.

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 widened its lead over Swedish retailer H&M, thanks to its ability to deliver fashion trends faster from nearby suppliers and sell more clothes at higher prices to upmarket shoppers.

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 a net profit of 4.1 billion euros (S$5.9 billion) for the nine-month period to end-October, up 32.5 per cent from a year earlier.

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...

Inditex founder Amancio Ortega’s real estate portfolio is the largest among Europe’s “super-wealthy” individuals.

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's In-store and online sales rise 13 per cent to 7.6 billion euros in the first quarter.

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...