Clothing & Shoes

Inditex profits fall to €1.1bn despite strong online sales

The group revealed total online sales came to €6.6bn (£5.6bn) during the period and grew 77% in constant currencies

Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m) for the financial year ending 31 January 2021 – as Covid-19 forced many of its stores to close.

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