Zara-owner Inditex Q1 profit beats forecasts as sale boon continues
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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…]