With the rebound of fast fashion, Zara's parent company Inditex turned losses into profits

Bouncing back from a loss at the start of the year, Zara owner Inditex reported 241 million euros in net profit in the second quarter, forging a path toward recovery while much of the global apparel industry continues to struggle. 98 percent of the retailer’s stores have reopened following temporary shutdowns aimed at stemming the spread of the coronavirus and in-store sales are recovering