Zara Owner Inditex Agrees to Renew Bonus for Shop Workers in Spain

Zara owner Inditex has agreed to pay annual bonuses of 1,000 euros ($1,075) for a second year running to the roughly 28,000 shop workers in its home country of Spain this month, a union leader said on Tuesday. The world’s biggest listed fashion retailer agreed the one-off annual payment with the country’s largest union, despite a difficult economic backdrop for the retail sector, with global rival H&M seeking to shut stores and reduce staffing in Spain. Read more at U.S. News.