Inditex and H&M Group, Two Fast Fashion Giants, Release Their Latest Quarterly Financial Reports

12月 16, 2022

On December 14, the Spanish fashion retail giant Inditex announced Interim Nine Month 2022 Results (of the time between 31 January 2022 to 31 October 2022). Thanks to the fully integrated model, sales and net profit both hit new highs, which was a little more than analysts had expected.
The next day, the Swedish fast fashion giant H&M Group also released its financial report for the first three quarters of FY2022 (as of August 31). Despite the decline in consumer purchasing power, the group still achieved 13% sales growth in the first three quarters.
Inditex
In the first nine mont …

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Inditex and H&M Group, Two Fast Fashion Giants, Release Their Latest Quarterly Financial Reports

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Financial Summary

Inditex and H&M Group, Two Fast Fashion Giants, Release Their Latest Quarterly Financial Reports

This is a subscriber-only content.Become a LUXEPLACE Subscriber to unlock the full-text.

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JNBY Reports ¥5.24 Billion Revenue, Growth Brands Exceed 40%

Lanvin Group Achieves €170 Million in Revenue for H1, with Significant Gross Margin Growth for Brands like Lanvin

Anta Group’s Revenue Grew by 13.8% in the First Half of the Year, Setting a Record for Its Best Mid-Year Performance

This is a subscriber-only content.
Become a LUXEPLACE Subscriber to unlock the full-text.