In the first half of 2022 Inditex’s sales rose by 24 per cent. Store and online sales were up 11 percent year-on-year. Profits were up 41 percent and gross margin was up 57 percent, marking the strongest first half in seven years.

Inditex has a unique fashion proposition, an increasingly optimized shopping experience for customers and a focus on sustainability. In the face of possible supply chain tensions entering into the second half of the year, Inditex accelerated the current-season inventory flow. Product availability was up 43 percent in the first half of the year.

Inditex is the parent company of brands like Zara, Massimo Dutti, Pull&Bear and Bershka. Zara continues to be the strongest brand in Inditex’s mix. The fashion giant’s sales were up 29 percent as it continues to up its fashion game with a stronger offer of designer-inspired items, including its Night collection, with a much-publicized campaign starring Kate Moss.

Other stores in the group’s portfolio performed well, including the teen-skewing Pull&Bear and Bershka, which were up 19 percent and 15 percent respectively, and its higher-end Massimo Dutti banner, which was up ten percent. Only Oysho, its lingerie and pajama brand, was down four percent as customers moved on from comfort dressing.