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Shares in Zara owner Inditex tumble

Fortune on MSN · 3d

Zara parent Inditex’s shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty

Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.

Reuters on MSN · 3d

Shares in Zara owner Inditex tumble as slowing growth startles investors

Inditex cited no reason for slower growth, but businesses have been warning of weaker demand, especially in the U.S. as trade tensions mount.

Bloomberg on MSN · 3d

Zara Owner Inditex’s Sales Slow in Early Weeks of First Quarter

After years of riding a post-pandemic boom, Zara owner Inditex SA is showing signs of coming back to Earth.

3d

Zara Owner Inditex Cautions On Sales Given Uncertain Environment

While Zara has successfully held off competition from new players and online upstarts, the U.S. is its second largest market ...

3d

Inditex Sales, Profits Surge in 2024 as Fashion Giant Sharpens Operations

Sales at constant exchange rose 10.5 percent in 2024, beating analysts' expectations, while profits hit historic highs at the ...

Inditex Faces Growth Challenges Amid Global Uncertainty

Zara owner Inditex reports slower sales growth, sparking concerns over its future trajectory amidst geopolitical ...

Zara billionaire, Amancio Ortega loses $10.8 billion in net worth as Inditex shares fall

Amancio Ortega, the Spanish billionaire behind global fashion powerhouse Zara, witnessed a staggering $10.8 billion drop in his net worth ...

3d

Shares in Zara owner Inditex tumble, slowing growth startles investors

STORY: Zara owner Inditex on Wednesday (March 12) reported a slower start to its first quarter beginning February 1.It raises ...

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