Zara owner Inditex continues on profits path

A man walks past a Zara store in Madrid yesterday as Zara owner Inditex shrugged off sluggish spending in austerity-wracked Europe, posting a 27 per cent rise in nine-month net profit to €1.65 billion, driven by a nimble production model and expansion...

A man walks past a Zara store in Madrid yesterday as Zara owner Inditex shrugged off sluggish spending in austerity-wracked Europe, posting a 27 per cent rise in nine-month net profit to €1.65 billion, driven by a nimble production model and expansion into fast-growing markets.

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