Inditex shares slide as rising costs pressure first-half margins
Inditex reported pre-tax profit of $3.8bn for the six months to 31 July, up 6.8% year on year. Gross margin improved to 58.7%, but second-quarter gross margin fell to 56.7%.
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Inditex reported pre-tax profit of $3.8bn for the six months to 31 July, up 6.8% year on year. Gross margin improved to 58.7%, but second-quarter gross margin fell to 56.7%.