Zara Owner Inditex Sales Grow on Success of Spring/Summer Collections
Provided by
Dow Jones
By Dominic Chopping
Zara owner Inditex has made a positive start to its second quarter with sales growth buoyed by the continuing success of its spring/summer collections.
The Spanish group said Wednesday that sales in the period between 1 May and 3 June rose 12%. That's a slower pace of growth than the 16% it saw in the same period last year, but above the 8% that analysts at Jefferies had expected.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 05, 2024 02:02 ET (06:02 GMT)
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