Zara’s owner says it’s off to a strong start for the spring and summer

June 8, 2023

Inditex, Zara’s parent company, said that sales of its spring and summer collections increased by 16 percent in May. The fast-fashion retailer expects “increased sales productivity in our stores going forward.”

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.