zara

09:46

Zara

Zara owner Inditex reports weaker than expected first-quarter sales

Spanish fashion giant Inditex (ITX.MC), owner of Zara, reported first-quarter revenues of €8.27 billion ($9.44 billion) on Wednesday, falling short of analyst expectations amid rising economic uncertainty.

Inditex sees surge in transport emissions amid shipping disruptions

17:29

Sustainability

Inditex sees surge in transport emissions amid shipping disruptions

Zara owner Inditex reported a 10% rise in transport emissions in 2024, driven by increased air freight to avoid shipping delays caused by Red Sea disruptions. While the retailer made progress in reducing sourcing-related emissions, it faces challenges in meeting its long-term climate targets.

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