Zara owner Inditex posts surge in sales and profits
Fashion giant Inditex, owner of fascias including Zara and Bershka, has reported an increase in annual earnings and revenue, which it said was driven by “strong execution”.
Inditex posted pre-tax profits up 28.2% to €6.9bn (£5.89bn) last year, when sales advanced 10.4% to €35.9bn (£30.66bn), “showing very satisfactory development both in stores and online”.
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