Editor
Inditex, parent company of Zara, reported a sales increase of 13.5 percent and a 40 percent rise in profits in the first six months of 2023, beating expectations. The company’s sales rose to €16.9 billion ($18.1 billion) while profits increased to €2.5 billion ($2.7 billion), it revealed in an earnings report this week. Inditex did not alter its outlook for the rest of the year.
This comes despite the fact that the Spanish retail giant…
