Inditex still sees opportunities in U.S. with more stores
Tweet
Share
E-mail
FILE PHOTO: A woman carries a bag from Spanish multinational retail clothing chain Zara, the flagship brand of the Inditex clothing company, in the Gran Via of Bilbao, Spain, March 12, 2024. REUTERS/Vincent West/File Photo
MADRID (Reuters) - Zara owner Inditex believes it will have opportunities to grow in the United States where it plans to open more stores, despite trade tariffs annouced by President Donald Trump, Chief Executive Officer Oscar Garcia Maceiras said on Friday.
Garcia Maceiras said the company has not seen any drastic consumption changes in any of its key markets lately. The United States is Inditex's second-biggest market.
(Reporting by Corina Pons. Writing by Emma Pinedo, edititng by Andrei Khalip)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Category 5 Hurricane Polo threatens Mexico’s coast, landfall expected Monday
- White House blocks CNN from Air Force One trip, Washington Post reports
- On Michigan doorsteps, Republicans sell Democrats-as-extremists message with mixed success
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
