
"Inditex, which owns a raft of high street chains including Bershka, Massimo Dutti, Pull&Bear, Stradivarius and Oysho, said on Wednesday it would increase its dividend by 4% after a robust operating performance in 2025. The payout narrowly outstrips a 3.1bn dividend handed to Ortega last year."
"Sales at Inditex, which has 5,460 stores across more than 90 countries and employs over 160,000 people, rose by 3.2% to 39.9bn in the year to 31 January 2026. Pre-tax profit rose by 5.8% to 8bn, according to results released on Wednesday."
"Ortega, who turns 90 this month, launched Zara from a small store on the corner of a nondescript street in the centre of La Coruna, in Galicia, northern Spain, in 1975. He is still regularly seen at the Inditex head office chatting with staff."
Inditex, the world's largest fashion retailer, announced a record 3.23 billion euro dividend for 2025, with founder Amancio Ortega receiving half in May and half in November. The 4% dividend increase follows robust operating performance, with sales rising 3.2% to 39.9 billion euros and pre-tax profit increasing 5.8% to 8 billion euros. Ortega, who controls 59% of the Spanish company and is now 90 years old, founded Zara in 1975 from a small store in Galicia. His daughter Marta Ortega Perez serves as chair. Inditex operates 5,460 stores across 90 countries with over 160,000 employees, owning brands including Bershka, Massimo Dutti, and Pull&Bear. Ortega has historically used dividend payments for property acquisitions globally.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]