Inditex reports strong first half amid global headwinds

Inditex, the parent company of Zara, reported robust first-half financial results, with revenue climbing to approximately €19.8 billion and net income reaching about €3 billion. The company announced a 7.6% increase in overall revenue for the six months ending July 31, 2026, alongside a 9.2% rise in constant-currency sales. This performance was attributed to a strong customer response to its spring and summer collections, with momentum carrying into the autumn trading period. The clothing giant also saw its gross margin expand to 58.7%, an increase of 40 basis points compared to the same period in the previous year. Operating profits rose 7.6% to €3.8 billion. Inditex maintained an active physical expansion strategy, operating 5,444 stores globally by the end of the first half. The company plans significant capital expenditure, with €2.3 billion earmarked for ordinary capital investment and an additional €200 million for corporate facility upgrades. Despite the positive financial figures, Inditex navigated a complex global environment marked by multiple heatwaves and ongoing conflict in the Middle East.