Inditex

Zara owner Inditex sees sales slow in Q1 

Zara owner Inditex has reported slower than expected sales growth in Q1, with sales up by 4.2% to €8.3bn (£7.06bn), down from the 7.1% rise seen last year, and falling short of analyst expectations of 5.3% growth. Over the period, profit before tax was flat at €1.7bn (£1.45bn), though gross…

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Stradivarius to open first Glasgow store at Silverburn

Spanish fashion brand Stradivarius will open its first Glasgow store at Silverburn, joining a line-up of Inditex-owned retailers at the shopping centre. The brand, part of international fashion group Inditex, will occupy a 6,462 sq ft unit. Its arrival will bring the number of Inditex stores at Silverburn to four,…

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Today’s news in brief-12/3/25

Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn and profit-before-tax increasing by 10.3% to €7.6bn. The company achieved these results with 2.0% more commercial space and 2.3% fewer stores compared to 2023, reflecting its ongoing store optimization and…

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Zara owner Inditex sees sales and profits surge in FY24

Inditex, the owner of Zara, has hailed its “robust” full-year performance after sales rose by 10.5% to €38.6bn (£32.5bn) in 2024, following “very satisfactory” trading both in stores and online.The group, which also owns brands including Pull and Bear and Bershka, reported profit-before-tax rose by 10.3% to €7.6bn (£6.4bn) while…

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Stradivarius to open new store at Metrocentre

Stradivarius has signed to open a new store at Metrocentre, marking the brand’s first location in the North East. Stradivarius will open an almost 10,000 sq ft space in lower Red Mall this summer, just along the mall from Zara. With an extensive range of trend-driven apparel and accessories, the…

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Zara opens upsized store at Liverpool One

Inditex-owned fashion brand Zara has opened its significantly upsized flagship at Liverpool One on upper and lower South John Street.  The new 42,000 sq ft store is the latest example of brand investment in the destination, following a landmark year of signings that will make 2025 Liverpool One’s biggest year…

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Zara owner Inditex misses expectations despite 7% surge in revenues

Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its performance in the first nine months of the year came in below analysts expectations. Inditex reported revenues for the period of €27.4bn (£22.6bn) up 7.1% YOY and revealed that sales…

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Zara unveils 51,000sq ft flagship store at Bullring and Grand Central

Fashion retailer Zara has opened a new 51,000sq ft flagship store at Bullring and Grand Central in Birmingham. Part of Hammerson’s strategy to focus on the flight to quality, Zara is the latest global brand to invest in Bullring and Grand Central, joining Sephora, The Sidemen and PureSeoul in the…

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Today’s news in brief-11/9/24

In July 2024, the UK economy saw no growth for the second consecutive month, failing to meet analysts’ expectations of a 0.2% expansion. The stagnant performance was largely due to mixed results across different sectors. The services sector recorded a slight 0.1% increase, primarily driven by a strong recovery in…

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Inditex H1 sales rise by 7.2% to €18bn amid ‘well received’ collections

Zara-owner Inditex has reported a 7.2% year-on-year rise in revenues to €18.1bn (£15.3bn) for the first half of 2024, with profit before tax rising 10.6% to €3.6bn (£3.04bn). The group has also revealed that net income rose by 10.1% to €2.8bn (£2.36bn), while gross profits rose by 7.5% to €10.5bn…

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