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.
- Magazine
- AFP
- Published Date: 09:43 | 11 September 2024
- Modified Date: 09:44 | 11 September 2024
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.