PARIS — Inditex, the Spanish retailer that runs the Zara chain, said net income in the third quarter advanced 1 percent to 437 million euros, or $567.5 million, below most analysts’ estimates.
The firm, which also runs the Pull and Bear, Stradivarius, Massimo Dutti and Oysho chains, said Thursday that sales in the quarter grew 11 percent to 2.79 billion euros, or $3.62 billion, as business contracted in the slowing Spanish economy.
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?"