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    Home > Finance > Zara owner Inditex reports strong start of holiday shopping season
    Finance

    Zara owner Inditex reports strong start of holiday shopping season

    Published by Global Banking & Finance Review®

    Posted on December 11, 2024

    1 min read

    Last updated: January 27, 2026

    This image depicts a graph showing the fall in the business climate index for German retailers during the holiday season, reflecting the challenges faced in consumer spending as reported by the Ifo Institute. The decline highlights concerns over economic conditions and consumer sentiment.
    Graph illustrating declining business climate index in German retail sector - Global Banking & Finance Review
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    Quick Summary

    Inditex, owner of Zara, reports a 9% revenue increase at the start of the holiday season, outperforming rivals despite slower growth than last year.

    Inditex Reports Robust Start to Holiday Shopping Season

    MADRID (Reuters) - Zara owner Inditex reported strong trading over the start of the holiday season, with revenues 9% in the six weeks to Dec. 9 as the world's biggest fast-fashion retailer kept drawing in shoppers even as rivals struggled.

    Revenue growth in the period which includes the key Black Friday sales was slower than a year ago but was faster than during the first nine months.

    The fashion giant reported February-to-October sales that rose 7% to 27.4 billion euros ($28.84 billion) from a year earlier, missing the consensus estimate for 8% sales growth.

    ($1 = 0.9500 euros)

    (Reporting by Corina Pons in Madrid and Helen Reid in London; editing by Charlie Devereux and Inti Landauro)

    Key Takeaways

    • •Inditex reports 9% revenue growth at the start of the holiday season.
    • •Growth includes key Black Friday sales period.
    • •Revenue growth slower than last year but faster than previous months.
    • •February-to-October sales rose 7% to 27.4 billion euros.
    • •Sales growth missed the consensus estimate of 8%.

    Frequently Asked Questions about Zara owner Inditex reports strong start of holiday shopping season

    1What is the main topic?

    The article discusses Inditex's strong start to the holiday shopping season with a 9% revenue growth.

    2How did Inditex perform during the holiday season?

    Inditex reported a 9% revenue growth during the holiday season, including Black Friday sales.

    3What was the revenue growth from February to October?

    Inditex's sales rose 7% to 27.4 billion euros from February to October.

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