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GXO Partners with London Luton Airport to Operate its First Consolidation Centre
Globenewswire· 2026-02-03 09:00
GXO will screen and manage every delivery to the airport, enhancing security and efficiency LONDON, UK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, and London Luton Airport (LLA), one of the UK’s busiest airports, today announced a new partnership in which GXO will operate the airport’s first consolidation centre that will screen all airside deliveries into the airport. In 2025, LLA welcomed more than 17.5 million passengers, ...
Inditex Q3 Sales Gain 8.4% as Logistics and Luxury Play Drive Growth
Yahoo Finance· 2025-12-03 08:29
Core Viewpoint - Inditex, the parent company of Zara, is experiencing steady sales growth and is elevating its flagship brand amidst global retail challenges, leading to discussions about its positioning as a luxury brand rather than just a retail entity [1][5]. Financial Performance - Revenues increased by 8.4 percent in constant currency in the third quarter, reaching 9.8 billion euros, surpassing analysts' expectations of 7 to 8 percent growth [2]. - Gross profit rose by 6.2 percent to 6.1 billion euros, with a gross margin of 62.2 percent, indicating strong financial health compared to other retailers facing margin pressures [6]. - Operating expenses increased by only 3 percent, significantly lower than the sales growth rate, showcasing effective cost management [7]. Strategic Initiatives - The company's diversified business model and omnichannel integration have contributed to its resilience and strong performance [3]. - The consistent upscaling of brands under nonexecutive chair Marta Ortega Pérez has enhanced customer loyalty across Inditex's various brands, including Massimo Dutti, Bershka, and Zara Home [4]. Market Outlook - Early fourth-quarter sales are tracking up 10.6 percent in November at constant currency, driven by fall collections, indicating positive momentum heading into the holiday season [7]. - The first three weeks of November showed a 9 percent growth at constant currency, suggesting a healthy outlook for the company's performance [8].