Zara’s Parent Soars to New Highs
Inditex, the fashion powerhouse behind Zara and Pull & Bear, posted an eye‑popping 10.4% jump in sales for 2023, landing at £30.7 bn—a leap from the previous year’s £27.9 bn. The buzz? A sizzling demand for the new spring‑summer looks.
Profit Breakdown
Pre‑tax profit? £5.9 bn. EBIT? A tidy £8.5 bn. CEO Oscar Garcia Maceiras said the team blended “ambitious hustle” with sharp strategy, making 2023 a “golden year” of growth.
New App, New Wave
They’ve also launched a slick mobile app to keep shoppers hooked on the go.
Takeaway List
- 10.4% sales climb → £30.7 bn revenue
- Pre‑tax profit up 28% → £5.9 bn
- EBIT over £8 bn, beating expectations
- CEO emphasizes future investments + shareholder returns
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