Zara owner sees sales soar as its expands store footprint

19th June, 2016
4
Zara has reported net sales of 4.9 billion for Q1, up 12 per cent

Fashion retail company Inditex, which owns a number of popular brands including Zara, has reported net sales of €4.9 billion for the first quarter, up 12 per cent.

“Expansion of new space in prime locations and online launches for full year 2016 are on track. In the first quarter of 2016 new stores were opened in 31 markets. Over the course of 2016 all Inditex concepts will be present online in all European markets and Turkey.”

Inditex statement...

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