Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals ...Middle East

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[1/2]Shoppers walk past a Zara clothes store, part of the Spanish group Inditex, in Las Palmas de Gran Canaria, Spain, December 13, 2022. REUTERS/Borja Suarez/File Photo Acquire Licensing Rights LONDON/MADRID, Sept 11 (Reuters) – Zara owner Inditex (ITX.MC), which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial position as weakening demand for clothing puts pressure on the sector to lower prices, analysts say. Inditex shares have risen around 64% over the past 12 months as the world’s biggest clothing retailer successfully passed cost increases on to shoppers and reported record profit margins. But after several U.S. ret

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Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals ...Middle East

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