2 Oct, 2015 @ 08:43
1 min read

Zara owners’ profits surge by over 25% as Spanish jobs boosted

Zara e

SPANISH multinational clothing company Inditex, owners of retail giant Zara, has seen profits soar by a quarter this year.

ZaraThe company, which also owns Pull & Bear and Massimo Dutti, recorded net profits of €1.17bn between February and July, up 26% on the same period last year.

The warm weather has boosted sales over the summer, with Inditex selling two-thirds of its clothes in Europe.

They also created 2,532 new jobs in Spain and added 94 new outlets worldwide.

Joe Duggan (Reporter)

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: newsdesk@theolivepress.es or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

gov monkey governor  e
Previous Story

‘I’ll miss my Med Steps runs’ reveals Gibraltar’s departed governor Sir James Dutton

Menga artisan beer e
Next Story

Malaga beer company helps push megalithic site’s UNESCO bid

Latest from Business & Finance

Go toTop

More From The Olive Press