Zara-owner Inditex Q1 profit beats forecasts as sale boon continues
![Zara-owner Inditex Q1 profit beats forecasts as sale boon continues Zara-owner Inditex Q1 profit beats forecasts as sale boon continues](https://www.reuters.com/resizer/J43O_6GcxBvhCZ7h-7qL3MYV4Ig=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/QUZ2QUC7CVL3XKGJVRDZM4TGSM.jpg)
MADRID/LONDON, June 7 (Reuters) – Zara-owner Inditex (ITX.MC) said on Wednesday sales of its spring-summer collection jumped by 16% over the past month, in a sign the fast fashion retailer can continue its strong run despite higher wage costs and the loss of its Russian business. The results came as the world’s biggest fast fashion … [Read more…]