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Textiles

World news about “Textiles” published by euronews.

10/06 13:09 CET

Fair weather for Inditex as profits beat forecasts

Fair weather for Inditex as profits beat forecasts

Fashion is flying off the shelves at Inditex, the Zara owner posting a better-than-expected quarterly profit up 28% to 521 million euros. Inditex locally sources more than any of its major competitors like H&M, benefiting from a weaker euro making its exports cheaper, and…