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Zara owner Inditex shares soar as sales growth revives
Zara owner Inditex shares soar as sales growth revives
Economy
by  AFP

Shares in Zara owner Inditex, the world's largest fashion retailer, soared on Wednesday as a positive start to the autumn season enthused investors and eclipsed slower-than-expected sales growth. "The results were bad, but the market is reacting very positively to this growth figure because it means returning to the levels Inditex had got us used to," XTB analyst Javier Cabrera wrote in a note.