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Zara owner Inditex posts record profit for first half

Inditex, the owner of Zara, reported a record net profit of 2.8 billion euros for the first half of the year, a 10 percent increase despite slower sales growth.

Published September 11,2024
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Zara fashion brand owner Inditex posted a record net profit for the first half of the year on Wednesday, despite slower sales growth.

The Spanish group said its profit rose 10 percent to 2.8 billion euros ($3.1 billion) in the first six months of its financial year, which ends July 31.