Inditex sales boosted by popularity of spring/summer collections
Zara owner Inditex has seen a seen its first quarter sales increase by 1.5% to €8.27 billion after its spring and summer collections proved popular with shoppers.
In the three months to 30 April, EBITDA edged up 1% to €2.4 billion as pre-tax profit remained flat at €1.7 billion.
Meanwhile, store and online sales in constant currency rose by 6% between 1 May and 9 June on the same period last year.
Inditex attributed the growth to its latest ranges being well received by customers, as well as investment in its store network, advances in its online channel, and improvements to its logistics platforms.
Looking ahead, the group said its main priorities continue to be improving its fashion proposition and the customer experience, with a clear focus on sustainability.
Inditex has also announced that non-executive vice chairman José Arnau will step down from its board of directors on 15 July 2025 and will be succeeded by Roberto Cibeira.
The group’s portfolio of brands includes Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home.