Industria de Diseno Textil SA
Zara owner Inditex pops 7% after posting strong sales growth; European markets edge higher
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks were in positive territory on Wednesday as global markets move higher. The pan-European Stoxx 600 was over 0.3% higher at 9:06 a.m. in London (4:06 a.m. ET) with most major sectors and bourses in the green. The […]
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Zara owner Inditex flags slowing summer sales as quarterly revenues miss expectations
The Zara lettering can be seen on the façade above the entrance to a branch of the fashion brand in the city center of Nuremberg (Bavaria) on March 6, 2025. Picture Alliance | Getty Images Shares of Zara owner Inditex fell more than 6% on Wednesday after it posted weaker-than-expected quarterly sales and flagged a slower […]
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From fashion to alcohol, these sectors are being swept up in the U.S.-EU trade war
FILE PHOTO: A worker welds a steel tube at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. Vincent Alban | Reuters European consumers face higher prices on items from cars to jeans, while major industries including steel, retail and agriculture grapple with reduced competitiveness […]
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European markets rally as U.S. inflation rises less than expected, EU retaliates to Trump’s tariffs
U.S. inflation rate hits 2.8% in February, less than expected Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the looming impact tariffs might have on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a wide-ranging measure of costs across […]
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European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
S4 Capital shares fall 8% on revenue warning Shares of digital marketing agency S4 Capital slipped 15% before paring losses slightly after warning of a further fall in revenues this year amid a still challenging advertising market. S4 Capital reported a 25% drop in core earnings in 2023 as tech clients cut ad spend. Shares […]
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Zara pulls advert from web site front page after Gaza boycott phone calls
A ZARA keep in New York Scott Mlyn | CNBC Zara pulled an advertising and marketing marketing campaign showcasing mannequins with lacking limbs and statues wrapped in white from the front site of its internet site and app on Monday after it prompted phone calls by some professional-Palestine activists for a boycott of the style […]
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Second strike at Liverpool to add to European port congestion, slow product delivery
A striking dockworker on a picket line outside the Port of Liverpool during a strike in Liverpool, UK, on Tuesday, Sept. 20, 2022. Bloomberg | Bloomberg | Getty Images Logistics experts are warning another strike set at the Port of Liverpool for Tuesday will only add to the existing delays in product delivery caused by […]
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