Inditex, Owner Of Zara, Has A Successful Start To The Summer
Inditex, the company that owns Zara, reported on Wednesday that sales of the spring/summer collection accelerated to increase 16% in May as the retailer offsets increasing labour expenses and retains customers amid a crisis in the cost of living. The largest fast-fashion retailer in the world announced a better-than-anticipated 54% increase in net profit of…