By  on March 23, 2011

PARIS – Spain’s Inditex SA, owner of the Zara retail chain, said net profits rose 32 percent in its 2010 fiscal year as the company continued its rapid expansion, including entering India, Kazakhstan and Bulgaria.

Europe’s largest clothing retailer registered net profits of 1.73 billion euros, or $2.29 billion, between Feb 1, 2010, and Jan. 31, 2011.

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