Zara owner Inditex has reassured investors with a strong start to the summer season, reporting currency-adjusted sales growth of 11.5% in May, well above analysts’ expectations of 8%. The performance comes despite weaker consumer confidence and economic uncertainty linked to rising inflation concerns and geopolitical tensions. The retailer’s shares climbed as much as 5%
Fashion retailer Zara has denied infringing the Jo Malone trademark in a legal dispute brought by cosmetics giant Estee Lauder in the UK High Court. Zara argued that its collaboration with perfumer Jo Malone follows guidelines previously set by Estee Lauder regarding how her name can be used in marketing. The dispute centers on Zara […]
Europe’s retail industry is bracing for renewed pressure as rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran threaten to push operating costs higher. Retail stocks, including Zara owner Inditex and Britain’s Marks & Spencer, fell as investors warned that higher fuel and gas prices could hurt an already fragile sector. The industry […]


