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H&M’s summer season gross sales flatline after rival Zara proprietor cheers increase

Fashion chain H&M has revealed its gross sales flatlined within the newest quarter after its greatest rival Zara proprietor Inditex cheered a stronger efficiency.The Swedish retail big mentioned its internet gross sales, in native currencies, have been flattish over June to September, in comparison...

Zara proprietor Inditex shrugs off client spending woes as earnings soar

Zara proprietor Inditex has notched up a better-than-expected soar in earnings over its first quarter as gross sales leaped greater regardless of client spending pressures taking their toll on the broader sector.The trend large reported a 52% soar in pre-tax earnings to 1.5 billion...