Description: The world’s two largest fashion retailers posted results today, and as Zara’s parent company, Inditex, raked in record-high profits, those of Sweden’s Hennes & Mauritz (H&M) fell below expectations.
Source: Fortune.com
Date: Sep 15, 2021
Link: https://fortune.com/2021/09/15/fast-fashion-zara-inditex-hennes-mauritz-pandemic-recovery-earnings/
Questions for discussion:
- What explains the different performances by these two competitors?
- What would expect to see happen going forward, say over the next 12 months?
- What advice would give management of these firms?
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