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Inditex profits
March 15th, 2023 - 08:59 GMT

Zara owner Inditex posts record profit

ALBAWABA — Zara owner Inditex on Wednesday posted record profits for 2022 despite halting its second largest operations in Russia, surge in production costs and retail sales constricted by rising global inflation. Net profit reached 4.1 billion euros last year, a 27 percent jump from 2021, said Inditex, whose eight brands also include younger fashion chain Pull&Bear, upmarket label Massimo Dutti, clothing retailer company Bershka, women's clothing fast fashion retailer ...
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