Zara owner Inditex says store sales recovering as it returns to profit

Inditex also owns the Massimo Dutti and Bershka brands
Zara owner Inditex says store sales recovering as it returns to profit

Sales in-store and online were on an improving trend, though still down 11% from a year earlier. Picture: iStock

The owner of fashion retailer Zara, Inditex, returned to quarterly profit in the three months from May to July despite a 31% fall in sales as the coronavirus crisis kept consumers away from city centre shopping districts.

Inditex, which also owns the Massimo Dutti and Bershka brands, said 98% of its stores had reopened and that current trade showed a progressive return to normality with online sales growing sharply and store sales recovering.

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