Zara owner Inditex reports sales above pre-pandemic levels
Fashion giant Inditex, owner of retailers including Zara, has reported strong quarterly sales growth and revenues have subsequently been ahead of pre-pandemic levels.
Inditex’s sales climbed 50% to €4.9bn (£4.2bn) in the first quarter to April 30. Since then, in the period to June 6, sales rose 102% year on year and were up 5% versus 2019.
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