Madrid, March 12, 2025 (AFP) - Shares in Zara owner Inditex sink despite record profit

NAMPA / AFP

2025-03-12

Zara owner Inditex posted Wednesday another record annual profit but investor worries that sweeping US tariffs could hurt its growth prospects caused shares in the world's biggest fashion retailer to slide. The Spanish group, which owns other top brands including Massimo Dutti, Pull & Bear and Bershka, posted a net profit of 5.87 billion euros ($6.39 billion) in the fiscal year which ended on January 31. The figure was up 9.0 percent from 5.38 bi......

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