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    Expansion helps Inditex profits

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    euronews (in English)

    by euronews (in English)

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    Inditex, the world's largest clothing retailer, has posted a sharp rise in full-year sales and profit.

    The Spanish firm's net profit rose 22 percent to 2.4 billion euros.

    The owner of Zara managed to avoid the problems suffered by many of its rivals with expansion outside austerity-hit Europe.

    ...
    http://www.euronews.net/