Inditex, Zara

Zara owner gives big boost to digital payments and recycling

Company AGMs are usually, well, boring. Occasionally they’re love-ins (when the company concerned is hugely successful). Occasionally they’re snipe-fests (when shareholders are moaning about executive pay like at BP or yet another disappointing year and “not enough simple classics” like at M&S). But at other times they actually turn into something worthwhile with a) interesting…

Zara and co wow again for Inditex

Can anything stop Inditex? Not at the moment it seems. The Zara owner said this morning that its profits rose by 20% in the nine-months to the end of October and that the Christmas shopping season has got off to a good start. You bet it has. Sales from November 1 to December 3 have risen 15%…