Zara owner Inditex's Americas profits surge as China slips

Zara owner Inditex's Americas profits surge as China slips

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Asia was an outlier for Zara owner Inditex (ITX.MC) last year, the only region where profits fell as China faced COVID-19 lockdowns, while profit ballooned in the Americas, the fashion retailer's annual report showed on Thursday. Inditex, the world's biggest fashion retailer, reported record…

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