Zara sales surpass and H&M’s lag pre-pandemic revenues
September 15, 2021
Inditex, the parent company of Zara, said that the company’s second quarter sales were slightly above its numbers during the same period in 2019 and that profits were four percent higher using the same time comparison. H&M, the Swedish rival to Inditex, reported that its second quarter sales lagged what it did in 2019.
Recent News
Planters Nuts Recalled in 5 States Due to Listeria Fears
Those who live in Florida, Georgia, Alabama, North Carolina, and South Carolina should check their pantries.
Hyundai Invests $1 Billion in AV Startup Motional
Hyundai is set to invest almost $1 billion in Motional, securing a majority stake in the self-driving startup and providing vital capital for its ongoing operations.
Disney World’s Theme Parks Are Emerging as a Prime Location for Remote Workers
An increasing amount of people are opting to work remotely from Disney World theme parks.
Qantas Pays $79M To Settle ‘Ghost Flights’ Case
Qantas is paying the biggest fine of its history to settle the reputational crisis.