Wednesday, September 21, 2016

Inditex, the Superstar Retailer

Image result for zara storeWomen don’t want new clothes any more. There aren't enough hot new fashions. The weather's too warm.
The excuses have been coming thick and fast from apparel retailers to explain their poor performance. Inditex, in contrast, has once more shown them up.

The owner of the Zara store chain said Tuesday that sales rose by 16 percent, excluding currency movements, in the six months to July 31, with same-store sales up by 11 percent.. . . more

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