Owner of fast fashion brand Zara sees sales up 10% to €9.8bn
Zara owner Inditex said sales grew 10.6% over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales. Picture: Tim Ireland/PA Wire
Zara owner Inditex said sales grew 10.6% over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales.
The results from Inditex, widely seen as a bellwether for global fast fashion, offer an early read of how retailers fared during the key discounting season, and signal a strong start to the company's biggest revenue quarter.
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