By  on December 14, 2011

PARIS — Spain’s Inditex, the owner of the Zara retail chain, said net profits rose 10 percent in the first nine months of the fiscal year as it continued to grow its store network in emerging economies, helping to counterbalance softness in core European markets.

Europe’s largest clothing retailer posted net profits of 1.3 billion euros, or $1.84 billion, in the nine months from Feb. 1 to Oct. 31. Dollar figures are calculated at average exchange rates for the period in question.

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