SPANISH multinational clothing company Inditex, owners of retail giant Zara, has seen profits soar by a quarter this year.

ZaraThe company, which also owns Pull & Bear and Massimo Dutti, recorded net profits of €1.17bn between February and July, up 26% on the same period last year.

The warm weather has boosted sales over the summer, with Inditex selling two-thirds of its clothes in Europe.

They also created 2,532 new jobs in Spain and added 94 new outlets worldwide.

Subscribe to the Olive Press

This site uses Akismet to reduce spam. Learn how your comment data is processed.