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Inditex reports currency-adjusted August sales up 9%

Zara owner Inditex says currency-adjusted sales rose 9% in August, signalling a better-than-expected start to its autumn trading despite extreme heat across Europe affecting shopping behaviour.

ITX

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05:36:39 AM UTC
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Inditex Sales Between Aug. 1 and Sept. 7 Rose 9% on Year

By Helen Reid, Zara owner Inditex BME:ITX reported a better-than-expected start to its autumn trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across Europe reshaped shopping behaviour in its biggest market. 8 billion).