Zara Owner Inditex Shares Jump After Strong Start to Autumn Season
TDT | Manama
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Shares in Inditex, the Spanish company behind Zara and other popular fashion brands, surged on Wednesday as investors reacted positively to a strong start to the autumn season.
The company reported a modest profit increase of 0.8% to €2.8 billion for the six months from February to July, while sales grew 1.6% to €18.4 billion ($21.5 billion). These figures were slightly below analyst expectations. Inditex’s brands also include Massimo Dutti, Pull & Bear, Bershka, Stradivarius, and Oysho.
Despite this, Inditex highlighted strong demand for its autumn/winter collections, with store and online sales rising 9% in constant currency between August 1 and September 7.
Inditex shares jumped more than 7% by 10:30 am (0830 GMT), well above the Spanish stock market’s 1% rise. Analyst Javier Cabrera from XTB said, “The results were weak, but investors are encouraged by the growth figure, which signals a return to Inditex’s usual performance levels.”
Inditex is investing heavily in logistics to speed up online orders, opening larger modern stores, and closing smaller outlets, with planned capital spending of around €1.8 billion this year.
CEO Oscar Garcia Maceiras said the company had “achieved a solid performance in the first half of 2025, with satisfactory sales in a complex market and strong profitability.”
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