Turnaround a distant dream for H&M as sales flatline

Jun 15 2018

Sweden’s H&M reported no sales growth for a full six months, as the world’s second-largest fashion retailer struggles to get customers through its doors and loses further ground to rival Inditex.

H&M local currency sales unchanged for second straight quarter

Jun 15 2018

H&M reported flat sales growth for a second straight quarter as the world’s second-largest fashion retailer grapples with slowing traffic at its core brand stores.

European shares drift lower as investors await Fed

Jun 13 2018

Trading in European shares was hesitant early as investors awaited further guidance from the Federal Reserve on future U.S. rate rises, while Zara owner Inditex fell.

Shares in Inditex fall after JP Morgan cuts price target

Feb 23 2018

Shares in Zara fashion chain owner Inditex fell over 7 percent after JP Morgan cut its price target for the company weeks before it is due to report annual results.

Fashion retailer H&M quarterly profit falls by a third

Jan 31 2018

H&M reported a 34% fall in quarterly profit as its core brand’s stores attracted fewer shoppers, and said it might ask investors to reinvest dividends .

Europe's warm autumn slows sales growth at Zara-owner Inditex

Dec 13 2017

Inditex, the owner of Zara stores, reported a slowdown in sales growth as Europe warm autumn kept shoppers away, although analysts pointed to a brighter end of the year.

McDonald faces tough task to look good in M&S fashion

Sep 28 2017

Jill McDonald picks up something of a poisoned chalice when she starts as boss of clothing at Marks & Spencer with little room to manoeuvre.

Zara owner Inditex sales margin eroded by strong euro

Sep 20 2017

Inditex, owner of Zara, reported a 9 percent rise in first-half profit on Wednesday but its gross margin as a percentage of sales slipped because of a stronger euro.

Zara-owner Inditex reports 18 percent rise in first-quarter profit

Jun 14 2017

Inditex, the world's biggest clothing retailer and owner of the Zara brand, reported an 18 percent rise in first-quarter net profit, in line with analysts' forecasts.

Indian Markets


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