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Zara owner’s sales jump by 36% as shoppers return to high streets

Inditex experiences ‘significant rebound in traffic’ to stores that offsets 6% decline online The owner of Zara has revealed a 36% jump in sales this spring as shoppers flooded back to its high street outlets after the easing of Covid-19 restrictions. Inditex, which also owns Pull&Bear, Massimo Dutti and Bershka, said total sales rose to €6.7bn in the three months to 30 April as there was a “significant rebound in traffic” to stores that offset a 6% decline online. Continue reading...

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