MADRID—Fashion giant Zara’s owner Inditex reported an 80 percent jump in first-quarter profit on the back of soaring sales as consumers refreshed their wardrobes after months spent stuck at home during the pandemic lockdowns. Zara has benefited from successfully passing on higher prices to shoppers despite a cost of living crisis squeezing margins at other…

MADRID—Fashion brand Zara owner Inditex has outpaced Swedish rival H&M in its efforts to bounce back from the coronavirus crisis, with second-quarter sales rising above pre-pandemic levels. The world’s biggest fashion retailer’s sales in the quarter edged above levels seen before the pandemic as most stores reopened and people rushed to renew their wardrobe after…