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Inditex Earnings Show Growth as Rivals Such as Gap Falter

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Inditex SA reported higher earnings and sales as the owner of the Zara apparel chain expands e-commerce at a breakneck speed while rivals such as Gap Inc. falter in a weak clothing market. Though cold and rainy weather weighed on the Spanish company’s first-quarter sales, revenue rose 9.5% in local currencies at the start of…

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