Zara growth stalls

March 20, 2014 - 9:00:07 am

A woman looks at clothes inside a Zara store in Madrid yesterday. Inditex, the world’s biggest fashion retailer, will accelerate investment in 2014 to open more new stores after results last year were hit by falling currencies outside the eurozone and the cost of revamping flagship stores. The core annual profit was flat at €3.9bn, the first time growth has stalled since it went public in 2001.

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