Zara owner Inditex posts sales and profit rise despite Ukraine war impact

Zara store

Fashion giant Inditex, owner of Zara, has reported a suresulrge in sales and profits but booked a substantial provision for the costs of Russia’s invasion of Ukraine. 

Inditex posted revenue growth of 36% to €6.74bn (£5.73bn) in the quarter to April 30, when net income profit of €760m (£646m) was up 80% year-on-year.

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