Video Related To: Zara owner Inditex posts 32% jump in profit
Source: The Economic Times
The world's largest clothing retailer, Zara owner Inditex, posted a 32 percent jump in first-half year profit on Wednesday, beating expectations, boosted by rapid expansion to...
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Owner, Inditex SA, Zara, owner inditex, zara owner, Spain, Madrid, Inditex, Massimo Dutti, Business Finance, Bershka
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Spanish Fashion Retailer Zara's Parent Company Inditex Reports Rise in Profits and Expansion
Inditex, the owner of Spain's fast-fashion pioneer Zara, reported a rise in 2011 net profit as the retailer doubled its store count in China and continued its swift expansion across Europe and elsewhere - proving it is possible to buck the recession. They've recently launched a global flagship store in New York on 5th Ave. Dow Jones's Christopher Bjork reports from Madrid, and compares Zara to retail giants H&M and the Gap. Photo: Getty.
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