Zara owner Inditex has hailed its “solid operational performance” as sales and profits during the first quarter rose amid its ongoing expansion.
For the three months between February 1 and April 30, 2025, Inditex reported a 1% rise in EBITDA to €2.4bn (£2.03bn).
Sales at the fashion giant were up 1.5% during the quarter to reach €8.3bn (£7.03bn) and the group said its spring/summer collections have been “well received”.
Inditex hailed its “solid operational performance” during the quarter, which it credited to its teams and the execution of its fully integrated business model.
Despite its sales rise, the increase fell short of expectations and revenue growth slowed year on year.
The group, which also owns the likes of Bershka, Pull & Bear and Stradivarius, said its spring/summer collections have been “well received”. In the second quarter to date, between May 1 and June 9, Inditex said store and online sales are up 6% on a constant currency basis year on year.
During the first quarter, Inditex opened new stores in 26 of its markets and added that the growth of the group is “underpinned” by its ongoing investment in the store portfolio.
Inditex said it is continuing to bolster its security technology and introduce it within more of its stores to improve the customer experience and “deepen the digitalisation of stores and their integration in the coming years”.
Inditex said in a statement: “It has been 50 years since Zara opened its first store in A Coruña Juan Flórez, a store that has remained open and was recently refurbished. We see strong growth opportunities and our main priorities continue to be the improvement of our fashion proposition and the customer experience, the clear focus on sustainability and taking care of the talent and commitment of our people. Prioritising these areas will drive long-term growth.”
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