Inditex still sees opportunities in U.S. with more stores
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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)
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