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Zara sales surpass and H&M’s lag pre-pandemic revenues

Reuters/Business of Fashion 09/15/2021

Inditex, the parent company of Zara, said that the company’s second quarter sales were slightly above its numbers during the same period in 2019 and that profits were four percent higher using the same time comparison. H&M, the Swedish rival to Inditex, reported that its second quarter sales lagged what it did in 2019.

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