Stock Groups

Inditex says 2021 net profit more than doubled from 2020 -Breaking

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© Reuters. One of Zara’s clothing stores, which is part of the Spanish Inditex Group, carries a bag that a shopper has purchased in Bilbao (Spain), November 30, 2021. REUTERS/Vincent West/Files

MADRID (Reuters) – Zara owner Inditex (MC): Wednesday’s report by MC: showed that its net profits more than doubled to 3.2 million euros in 2021 ($3.51 trillion) following sales recovery from the pandemic. It was almost able to do so because many countries relaxed the coronavirus restrictions.

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