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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

Zara Owner Inditex Set to Benefit from Higher Prices

A man walks past a Zara retail store, with its shutters drawn, at a mall in Caracas September 30, 2014. REUTERS/Carlos Garcia Rawlins/File Photo

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

As a cost of living crisis intensifies across the region, Europe's retailers are facing a tricky balancing act between passing on rising supply chain costs to consumers and ensuring that their products stay affordable.

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