Inditex (Zara, Bershka, and more) is off to a bright start this summer. In the first quarter, the Spanish fashion group not only increased sales, but the fast-fashion giant also managed to improve its margins.
Margins on the rise
For the first quarter (February–April), the owner of Zara, Bershka, Pull&Bear, Massimo Dutti, and Stradivarius reported solid figures. Revenue grew by 8.8% to 8.75 billion euros. In May, revenue even rose by 11.5% at constant exchange rates.
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