Spanish fashion retailer Inditex, which owns Zara stores, says its profits barely rose in the first nine months of the year despite a solid sales increase and a further expansion worldwide.
December 11, 2013 at 08:00 AM
1 minute read
Spanish fashion retailer Inditex, which owns Zara stores, says its profits barely rose in the first nine months of the year despite a solid sales increase and a further expansion worldwide.
Inditex said Wednesday its net profit from February through October rose 1 percent to $2.3 billion compared to the same period in 2012. Sales, meanwhile, swelled 5 percent to $16.42 billion.
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