Zara Owner Inditex Set To Benefit From Higher Prices

Fashion giant Zara’s owner Inditex (ITX.MC) is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

As a cost of living crisis intensifies across the region, Europe’s retailers are facing a tricky balancing act between passing on rising supply chain costs to consumers and ensuring that their products stay affordable. Read more at Reuters.