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Evening Standard
Evening Standard
Business
Mark Banham

Zara-owner overcomes Omicron and cost of living concerns with soaring sales

Inditex owns brands including Zara

(Picture: REUTERS)

The parent company of Zara has posted bumper results for the 12 months just gone, overcoming disruption from Omicron as it bounced back from store closures.

Spain’s Inditex, which also owns brands like Pull&Bear and Massimo Dutti, said revenues jumped 35.8% to €27.72 billion (£23.3 billion) for the year to January 31.

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