Clothing & Shoes

Zara owner Inditex Q1 sales up by 13% to €7.6bn

Due to the group’s reported strong operating performance, cash from operations also increased markedly and its net cash position grew 14% to €10.5bn (£9.04bn)

Zara owner Inditex has revealed that sales grew 13% in the first three months of 2023 to reach €7.6bn (£6.5bn), as its Spring/Summer collections have been “very well received” by customers. 

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