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Inditex ups the ante in the US with new Zara, Massimo Dutti and Bershka stores

The group will undertake around twenty investments in the United States by 2027, landing in Denver, Phoenix or Pittsburgh and strengthening its presence in New York.

Translated from Spanish Read in Spanish

Inditex is set to make around 20 investments in the United States by 2027, expanding its presence in cities such as Denver, Phoenix, and Pittsburgh, and strengthening its foothold in New York. The Spanish textile giant is accelerating its expansion in the US, its second-largest international market, with new stores from brands like Zara, Massimo Dutti, and Bershka.

Inditex's CEO, Óscar García Maceiras, has stated that the US offers good growth opportunities due to its population and relevance. The company reported a profit of €1.605 billion in the second quarter, an 8% increase from the same period last year. In the first half of the year, Inditex generated €3.536 billion in revenue in the Americas, an 8.2% increase.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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