On June 7th, Zara‘s parent company, Spanish fast fashion giant Inditex Group, released its key financial data for the first quarter of the fiscal year 2023, ending on April 30th. The 2023 Spring/Summer collection received rave reviews, and both physical stores and online channels performed well, driving a 13% year-on-year sales growth to 7.6 billion euros, or a 15% growth at constant exchange rates. All regions experienced growth.
The group stated that it maintained a strong operational performance in the first quarter of the fiscal year 2023, thanks to the team’s creativi …
