-
Cyberattack ruled out in UK air traffic glitch as more flights axed
-
RavenDB Launches Quill to Bring Production AI Agents to Enterprise SQL Systems, No Migration Required
-
Ekiden Launches Canton Network’s First Order Book-Based Derivatives Exchange
-
Affleck family affair at Venice for Casey's latest film 'Company'
-
Germany's Merz accuses AfD of promoting 'ethnic cleansing'
-
Yemen rebels report fresh Saudi strikes as conflict deepens
-
Japanese director Kore-eda's manga film charms critics in Venice
-
'They're playing with our lives': AI researcher quits Anthropic
-
As African space race heats up, Senegal pursues homemade satellites
-
Series finale of 'Babylon Berlin' offers dark mirror for today's Germany
-
UK's little-known Bayeux Tapestry replica steps into spotlight
-
Zara owner Inditex boosts profits as sales grow across board
-
Shelton stuns Alcaraz in 3:34 am US Open finish, Sabalenka battles on
-
Alcaraz out in latest US Open finish, Sabalenka through on marathon day
-
Alcaraz falls to Shelton in epic latest-ever US Open finish
-
Brent breaks $100 on Mideast flare-up, fanning inflation fears
-
Tradition Announces Partnership With Affin Moneybrokers to Support Malaysian Market Data
-
South Korea video game tycoon to pay record $1.5 bn in divorce
-
Protesters urge South Korea to stay out of Iran war
-
'Long live Chairman Mao': Supporters pay respects to founder of Communist China
-
Africa's informal economy: a burden and lifeline
-
Sweden immigration restrictions spark healthcare concerns
-
Kenyan start-up makes robotic limbs to sign for deaf kids
-
EU to help cities tighten screws on Airbnb, holiday rentals
-
Iran, US trade blows as Hormuz impasse deepens
-
'Our year': Kane and Bayern primed for Champions League tilt
-
The round-the-clock monitors protecting Bhutan from glacier risk
-
Australian World Cup star Volpato fined over positive cocaine test
-
'Hell': Father of surfers killed in Mexico testifies at trial
-
Sabalenka edges Noskova to keep US Open treble bid alive
-
Travellers in UK face more chaos after air traffic control glitch
-
Pegula outlasts Navarro to set US Open semi with Sabalenka
-
Crude pushes towards $100 on Mideast flare-up, fanning inflation fears
-
From trenches to catwalk: Ukraine's amputee soldiers hit the runway
-
Record rain forces Asian Games athletes to evacuate accommodation
-
UK airports face more disruption after air traffic control glitch
-
Amusing or addictive? The algorithms powering our social feeds
-
ECB meets, weighing a tricky balance between savers and spenders
-
Norway bids farewell to King Harald V, 'grandfather' of the nation
-
Pakistan police counter drone attacks with Ukraine-style nets
-
NFL breaks new ground as 100,000 set to pack MCG in Australia
-
Russia torments Kyiv with new 'horror' jet drones
-
EU faces revolt over social media ban for children
-
Iran attacks US base in Jordan as Hormuz impasse deepens
-
Canada eyes researchers looking to leave 'hostile' US
-
New Apple CEO to face first test with foldable iPhone launch
-
Tiafoe escapes Michelsen to reach US Open semi-finals
-
Sabalenka edges Noskova, keeps US Open treble bid alive
-
Carney touts Canada 'pivot' away from US as Trump levels new threat
-
Real Madrid win Champions League opener as Haaland stars for Man City
Zara owner Inditex boosts profits as sales grow across board
Zara owner Inditex, one of the world's largest fashion retailers, reported Wednesday higher profits for the first half of its fiscal year as its brands withstood fierce competition and boosted sales.
The Spanish group notched three billion euros ($3.5 billion) in profits from February to July, a 6.8 percent increase on the same period in 2025.
Sales grew 7.6 percent year-on-year to reach 19.8 billion euros as "the spring/summer collections have been very well received by our customers", Inditex said in a statement.
The company said sales showed "satisfactory development both in stores and online", with all its brands -- including Pull & Bear, Massimo Dutti, Bershka, Stradivarius and Oysho -- registering higher takings.
Chief executive Oscar Garcia Maceiras hailed in the statement "excellent results" that were achieved "in a highly complex global environment".
The Middle East war, triggered by US-Israeli strikes on Iran in February, rattled prospects for a world economy already jolted by Donald Trump's tariffs and geopolitical tensions.
Like many competitors, Inditex is also facing pressure from fast-fashion online retailers such as Shein, whose rapid growth has disrupted established apparel groups.
Inditex, which operates in 215 markets worldwide, said its business model, "characterised by flexibility, responsiveness and within-season sourcing, permits us to react to fashion trends, reinforcing our unique market position" in a fragmented sector.
"By continually investing in our stores, our global online channel and our centralised logistics platforms, with an accompanying focus on sustainability, we will continue to generate long-term growth," the group said.
P.Staeheli--VB