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.

 

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