Clothing & Shoes

Zara owner sees H1 net profits reach £1.08bn

The high profit intake compares with a previous year’s loss of €195m (£166m) in the first half of 2020 where the impact of both Covid-19 and lockdown restrictions affected trade

Inditex, the owners of fashion chain Zara, has revealed it has returned to profit following the negative impact of the Covid-19 pandemic, posting net profits of €1.27bn (£1.08bn) for the first half of the year ended 31 July 2021.

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