Zara owner Inditex posts record annual profit

BSS
Published On: 12 Mar 2025, 13:13 Updated On:12 Mar 2025, 15:15

MADRID, March 12, 2025 (BSS/AFP) - Zara owner Inditex, the world's biggest fashion retailer, reported a record annual profit for the third consecutive year on Wednesday due to dynamic sales and higher prices.

The Spanish group, which owns seven other top brands including Massimo Dutti, Pull & Bear and Bershka, posted a net profit of 5.87 billion euros ($6.39 billion) in the fiscal year which ended on January 31, up from 5.38 billion euros in 2023, which was also a record.

 

  • Latest
  • Most Viewed
Sundowns edge Ulsan in front of empty stands at Club World Cup
Four heavy US bombers stationed at key Indian Ocean base: image analysis
DMP Commissioner calls for striker enforcement of laws to check road crashes
Iran armed forces urge evacuation of residents in major Israeli cities
Child marriage cited as cause of HSC absenteeism: Edn Adviser
Loud blasts heard across Iranian capital: AFP
Upcoming election to stand against hegemonic forces: Parwar
Bangla Academy to hold seminar tomorrow
18 new COVID-19 cases, 2 reported deaths in 24 hours
Gazette on welfare, rehabilitation ordinance for July uprising martyrs, injured families
১০