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Zara owner Inditex reports strong August trading amid heatwaves

Zara owner Inditex reports strong August trading amid heatwaves

By Helen Reid

- Zara owner Inditex ITX.MC reported a better-than-expected start to its autumn trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across Europe reshapes shopping behaviour in its biggest market.

The fast-fashion giant made €11 billion ($12.8 billion) in sales in its second quarter running May to July, a strong showing in a summer of high energy prices and weak consumer sentiment amid the ongoing Iran war.


($1 = 0.8595 euros)


(Reporting by Helen Reid; Editing by David Latona)

((helen.reid@thomsonreuters.com))

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