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Inditex Q1 Profit Best Estimates on Fast Fashion Sales Rise

In Reports, What's New by Accessories StaffLeave a Comment

Madrid—Despite being faced by currency fluctuations like many international retailers, Inditex, the “world’s largest apparel retailer,” reported Wednesday better-than-expected first quarter profit bolstered by its ever-expanding Zara chain. For its first quarter, Inditex posted a net profit increase of 28% to 521 million euros (about $588.52 million), beating analysts’ forecasts …