By  on December 13, 2007

PARIS — Inditex, the Spanish retailer that runs the Zara chain, on Wednesday reported better-than-expected third-quarter profits, but disappointing sales as business cooled in Spain.

Net income in the three months through October advanced 27 percent to 432 million euros, or $601.2 million, as sales grew 15 percent to 2.59 billion euros, or $3.6 billion, led by store openings in Europe and Asia. Currency conversions were made at average exchange rates for the period.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus