Zara owner Inditex said it is permanently closing ... online sales after posting its first-ever loss due to the Covid-19 pandemic. The closures are expected to be concentrated in Asia and Europe ...
Zara's website has been the subject of routine ... Related stories Cornering the luxury market After experiencing boom times in the post-pandemic years, luxury brands with greater exposure to ...
Amancio Ortega, the Spanish billionaire behind global fashion powerhouse Zara, witnessed a staggering $10.8 billion drop in his net worth ...
Zara owner Inditex (ITX.MC) this week reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its ...
Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.
By Helen Reid and Corina Pons ARTEIXO, Spain (Reuters) -Zara owner Inditex expects to keep growing in the U.S., CEO Oscar ...
Shares in the Zara owner fell after it reported a slowdown in sales growth, as the rise of Chinese low-cost online platforms heats up competition in the fast-fashion industry.
Shares in Zara owner Inditex fell 7 per cent on Wednesday after the world’s biggest fashion retailer said sales growth had ...