Zara owner Inditex profits rise 27%

12 December 2012 Last updated at 06:15 ET Help

The world's largest clothing retailer, Inditex, which owns Zara, has reported another jump in profit, fuelled by rapid international expansion.

Profit in the nine months to 31 October rose 27% to 1.66bn euros (£1.34bn, $2.2bn).

In that time, it added 360 new stores in 54 different markets.

Jeremy Howell reports.

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