Video

Strong euro erodes gross margin at Inditex 55 video https://img.vidible.tv/prod/2017-09/20/59c228bf1de5a1288650c166/59c228ba0c2aff6b6c913d94_o_F_v0.jpg Inditex, the world's biggest clothing retailer and owner of the Zara brand, posted a 9 percent rise in first-half profit but gross margin as a percentage of sales slipped from the year-ago period due to the stronger euro. Ciara Lee reports. Reuters Studio News Business News 2017-09-20 08:27:30
Strong euro erodes gross margin at Inditex
Inditex, the world's biggest clothing retailer and owner of the Zara brand, posted a 9 percent rise in first-half profit but gross margin as a percentage of sales slipped from the year-ago period due to the stronger euro. Ciara Lee reports.