Zara parent Inditex sees retail profits surge to 2.8 billion as its new collection lures more shoppers
Briefly

"The design and quality of our fashion proposition and the experience we offer our customers are, together with the efficiency and increasing sustainability of our operations, the keys to the solidity of these results," Inditex chief executive Oscar Garcia Maceiras said in a statement.
"Inditex may have benefited from gaining share with more affluent consumers, who have been priced out of more expensive brands through their price increases and the cost of living crisis," said Jelena Sokolova, senior equity analyst at Morningstar.
Read at Fortune Europe
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