Inditex profits and sales rocket

Zara sign

Spanish fashion giant Inditex has reported soaring profits and sales and hailed the response of customers to its autumn and winter collections.

For its interim 2023 nine-month results, the retailer reported that EBITDA increased 13.9% to €7.4bn (£6.37bn), while sales jumped 11.1% to €25.6bn (£22bn) driven by its new collections being “very well received by customers.”

 

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