Zara
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Zara owner Inditex posts big profit despite Shein’s rise
Jun 6, 2024The largest fashion retailer in the world, Inditex, which owns Zara, announced a record net profit for the first quarter of this year on Wednesday. Despite this, the Spanish conglomerate is facing increasing competition from Shein,... -
Zara owner Inditex posts record first-half profit
Sep 14, 2023The world’s largest apparel retailer, Inditex, which owns Zara, on Wednesday announced a record-breaking net profit for the first half of 2023 thanks to robust sales. The Spanish group broke its previous record of 1.79 billion... -
Zara, Paypal and Samsung to suspend trading in Russia
Mar 9, 2022Zara, Paypal and Samsung are the latest international firms to suspend trading in Russia after it invaded Ukraine. The clothes retailer’s owner, Inditex, will shut all 502 stores of its eight brands, including Bershka, Stradivarius and...