Zappy Spanish Chain Shows How the Rag Trade Can Thrive Even in these Dark Days
Hello Share Followers. You might think that, given the shortage of spending mazuma these days, it might not be wise to invest in the rag trade. But the clothes retailer Inditex (0QWI) is proving that’s not always the case. It’s just reported that sales for the first half of 2022 jumped by a quarter to 14.8 billion euros. And profits did even better, improving by nearly a third to 4 billion euros. Not at all bad, eh?
- By Malcolm Stacey
- 2022-09-15 08:10:29