During the first half of the financial year from 1 February to 31 July 2024, Inditex’s EBITDA rose by 8.1% to €5 billion, while gross profit also increased by 7.5% to €10.5 billion. During this period, total sales rose by 7.2% to €18.1 billion, with “very satisfactory development” both in stores and online. Zara and Zara Home posted the highest net sales, reaching €13 million during the period, but sales across all other Inditex brands (including Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho) also saw year-on-year growth.

Its spring/summer collection was “very well received” by customers, while its autumn/winter collections are also off to a good start, with store and online sales up by 11% between 1 August and 8 September in constant currency terms. In terms of outlook, Inditex stated that it sees “strong growth opportunities” and hopes to continue improving its fashion offering and enhancing the customer experience.

“Inditex's latest results for the six months to the end of July 2024 highlight how the business continues to outperform the overall fashion market. While the Zara brand remains the main driver of sales, its other young fashion focused brands Pull&Bear, Bershka and Stradivarius are also seeing rising revenues at a time when other fashion retailers are struggling from subdued demand. Zara has seen a surge in its customer base, with a big rise in Millennials and Gen Zs shopping there, according to Clothing Retailing – UK – 2023. Zara’s popularity has benefited from a strong emphasis on integrating technology to improve customer experience and sustainability efforts, while also expanding its product offerings and exploring innovative retail models like live shopping.”