Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Profits and sales rise at Inditex

Net profits at Spanish retail giant Inditex rose by 18% to €654m (£573m) in the first quarter of 2017 as the group continues to expand internationally.

Sales on a constant currency basis also grew, rising 12.5%.

Zara launched online in Malaysia, Thailand, Singapore and Vietnam during the quarter and will go live in India during the second half of this year. It opened a flagship Indian store in May.

Several Inditex fascias opened new European flagships, including a Pull & Bear store in Paris and Oysho, the group’s gym wear brand, in Turin.

The company distributed €42m (£37m) among 84,000 employees in April this year as part of a employee profit-sharing plan.



Readers' comments (1)

  • How does this compare to New Look?

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.