Peers: Zara Store

peers: While that's below recent years, when Zara was notching up to 10% year-over-year growth, it is stronger than many peers, according to The Toronto Star. A Zara store in Kobe, Japan. Inditex SA, whose brands also include Massimo Dutti and Pull&Bear, said sales at stores open for at least a year rose 4% in the six months to July 31 and that it expected comparable sales growth of 4% to 6% in the second half. Buddhika Weerasinghe/Bloomberg N / Buddhika Weerasinghe/Bloomberg N The company has for years been an industry darling, lauded for outperforming rivals and its ability to get garments from design workshops to stores in just weeks. Investors welcomed Wednesday's results and forecast, with shares rising 3% in early afternoon trading in Madrid. However, like much of the retail industry, Inditex faces the challenge of boosting profits at its bricks-and-mortar stores while also expanding its online presence amid fierce competition from new online players. (news.financializer.com). As reported in the news.