Zara owner Inditex’s nine-month profit soars 32.5%, sales growth slows down – ET Retail
MADRID: Zara owner Inditex said on Wednesday its net profit jumped 32.5% in February-October, but the fast fashion giant’s sales growth in the nine-month period slowed down from a year ago amid tougher times for consumers. The world’s biggest fashion retailer said its net profit was 4.1 billion euros ($4.42 billion) as expected by analysts,…