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Zara Owner Inditex Profits Rise On Clothes Sales Rush

Zara’s Profits Rise On Clothes Sales

Spain’s fashion retail giant Inditex, owner of well-liked brand Zara, on Wednesday posted an eight-percent rise in first-half earnings thanks to a rush in clothes sales around the globe.

One of the world’s largest fashion sellerS said profit for the six months from February to July rose to 1.3 billion euros ($1.4 billion) from the same time a year before.

“All of the group’s brands improved their international presence during the period, with 83 new stores in 38 countries,” Inditex said in a statement, adding that it endeavored into three new markets, Aruba, Paraguay and Nicaragua.

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