Zara’s parent company has closed dozens of shops around the world despite an overall “positive performance”. Doors closed for the final time on 60 stores between October 2024 and October 2025, according to Inditex’s annual results report.
The Spanish owner of Zara revealed a surge in sales as the high-street giant shrugged off economic pressures and attracted shoppers with winter trends. Inditex reported that sales in stores and online were 10.6% higher in November compared to the same month last year.
CEO Óscar García Maceiras said in an earnings call: “We are happy with the positive performance of Zara and the rest of our concept.”
Inditex hasn’t revealed where or why the stores closed. The company reported that some Zara outlets were shuttered and converted into Zara Man branches, according to The Independent.
Mr García Maceiras pointed to one such change in Osaka, Japan, and reported that the company continues to see opportunities to improve its presence and expand in prime spots around the world.
The group, which is one of the world’s largest fashion retailers and is viewed by many investors as a bellwether of the high street, said its autumn and winter collections were popular with customers.
Sales totalled £8.6billion (9.8 billion euros) over its third quarter, between August and October, up by 8.4% on the same period last year, at constant currency rates.
Earnings before interest and tax surged by 11% year-on-year to £2.1bn (2.4 billion euros).
Inditex operated 5,527 stores at the end of October from its roster of brands, which also includes Massimo Dutti, Bershka and Oysho.
Victoria Scholar, head of investment for Interactive Investor, said: “Despite the fiercely competitive fast fashion backdrop with cheap rivals like Shein, this year’s US tariff uncertainty, and a weaker consumer in many geographies, Inditex has managed to score for investors.”
Ms Scholar added the latest set of results highlights Inditex’s “longstanding strength at tapping into what fashion followers are looking for and speedily delivering new products to stores and online to keep pace with the latest trends”.
Inditex is on track to complete a 1.8 billion euro (£1.6 billion) two-year investment programme at the end of the 2025 financial year. This has led to money being pumped into its logistics systems and warehouse expansion.
