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View Full Version : Inditex Reports Steepest Quarterly Profit Decline in Five Years - Bloomberg



NewsWhore
03-25-2009, 04:41 AM
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Inditex Reports Steepest Quarterly Profit Decline in Five Years (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaaM..WOeF2vg%26refer%3Deurope&cid=1320230369&ei=R-HJSeaYFM2fmAeq--ln&usg=AFQjCNGnKcHrJuqt59RO2p_T_wxn07zJlw)
Bloomberg
Sales in February excluding currency fluctuations and calendar effects rose 9 percent, the retailer said. Inditex, whose Zara chain offers $49 cocktail dresses, has almost half its shops in Spain, where the shrinking economy and rising unemployment ...


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