Zara owner Inditex reports a 9% growth in sales from August 1 to September 8, up from 5.1% in the first half. The weak U.S. dollar impacts revenue, with a 4% sales erosion expected for 2025. Shares rise 6% after the positive start to autumn sales. CEO optimistic about improving sales growth.
Inditex maintains gross margin at 58.3% in the first half despite currency impacts. Analysts praise ability to trade through a difficult season. Primark anticipates an uncertain consumer environment, highlighting challenges for clothing retailers. Investors concerned about Zara’s slowing sales growth and pricing strategies.
President Trump’s tariffs on imports affect clothing retailers. Inditex shares decline amidst sales growth deceleration after years of double-digit growth. Company’s success attributed to supply chain efficiency and quick turnaround of on-trend clothing. Inditex invests in AI-driven logistics automation to enhance operations. Euromonitor estimates show Inditex gaining market share post-COVID, unlike struggling rival H&M.
Read more at Yahoo Finance: Zara owner Inditex reports better start to autumn sales, boosting shares
