Zara owner Inditex profits rise 32%
The world's largest clothing retailer, Inditex, which owns Zara, has posted a jump in first-half profits after opening new stores and gaining new customers.
Inditex reported a net profit of 944m euros ($1.23bn; £758m) for the six months to 31 July, up 32% on the same period last year.
It is also making a push into online retailing. It launched Zara online in China on 5 September and has plans to start Massimo Dutti and Zara Home online sales in the US in October.
The BBC's Julia Caesar reports.
19 Sep 2012
- From the section Business