Inditex (ITX.MC), the world's biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite the dampening impact of a strong euro.[...]
MADRID: Inditex, the world’s biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite negative currency effects. The group also reported strong sales for the first six weeks of the second quarter, up 9 percent in local currencies, as shoppers snapped up items from summer[...]
Zara’s parent company said same-store sales growth slowed slightly in the latest quarter, though its profit margin unexpectedly improved as the world’s largest fashion retailer by sales continues to navigate an industry shakeout driven by competition from online retail.[...]
Inditex (ITX.MC), the world's biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite the dampening impact of a strong euro.[...]
Zara owner Inditexreiterated on Wednesday that it did not anticipate any currencyimpact on gross margin for the full year and expected a stablegross margin for the year.[...]
Inditex Goes Even More High-Tech as Zara Races With Amazon[...]
Inditex, the world's biggestclothing retailer and owner of fashion brand Zara, on Wednesdayreported improved profitability for the first three months ofits financial year despite negative currency effects.[...]

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