Zara Stores owned by Spanish fashion retailer Inditex recorded a strong growth in online and in-store sales by seeing jump in the net profit by nine percent in the first half of its fiscal year.
On Wednesday, Inditex said that net profit for February through July rose to 1.37 billion euros (1.64 billion US Dollar) compared with 1.26 billion euros for the period last year. It said sales rose 12 percent to 11.7 billion euros. All brand stores recorded growth first half of the fiscal year.
Inditex operates eight brands including Massimo Dutti, Bershka and Pull & Bear. It has 7,405 stores worldwide.
– Apparel and Textile News, Apparel Talk, Indian Apparel
