Zara owner Inditex extends lead over H&M as world’s biggest fashion company RETAIL Zara owner Inditex reported on Wednesday a jump of 40 per cent in profit for the six months to July
Sales surge for Zara owner Inditex as shoppers update summer wardrobe Zara Zara owner Inditex reported a 16 per cent uptick in sales in its spring and summer collection, as the fashion giant’s new trends continue to lure in shoppers despite the cost of living crisis. Inditex, which is the world’s biggest fashion retailer, racked in €1.2bn (£1.03bn) in net profit in the first quarter of the [...]
Zara chief bags former BBC base in West End ZARA boss spree Spanish billionaire and founder of popular fashion chain Zara Armancio Ortega has closed a deal purchasing luxury residential offices – and former BBC base – in the West End. Ortega’s firm Pontegadea shelled out £82m for the 1920s building, the private firm announced today. Last month Ortega purchased a luxury residential property with 120 apartments [...]