LONDON — First-half net profits at Inditex, parent of fast-fashion brands including Zara and Massimo Dutti, climbed 0.7 percent to 951 million euros, or $1.25 billion, the company said, while the third quarter has got off to a solid start.
Sales were up 6.9 percent to 7.7 billion euros, or $10.09 billion, while sales in local currencies advanced 8 percent in the six months to July 31. The results were broadly in line with analysts’ projections.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"