Zara owner Inditex posts record net profit for 2023

Zara owner Inditex, the world's biggest fashion retailer, on Wednesday reported its highest-ever profits in 2023 thanks to buoyant sales and its policy of raising prices. Its net profit reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022, which also was a record for the fashion giant whose eight brands include younger chain Pull&Bear and upmarket label Massimo Dutti.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/L9ZmtVG
https://ift.tt/v6WNyJD

Post a Comment

0 Comments