Spanish Fashion Retailer Zara's Parent Company Inditex Reports Rise in Profits and Expansion
Publicado el 23/03/2012
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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