Editor
Fashion giant Zara’s owner Inditex reported on Wednesday its quarterly profit jumped 80 percent on the back of soaring sales as consumers stuck at home during the pandemic revamped their wardrobes.
Net profit for the February-April quarter rose to €760 million ($812.06 million), in line with analysts’ expectations as the company surpassed pre-pandemic levels while its gross margin hit a 10-year high, the company said.
First-quarter sales…
