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Inditex Earnings Show Growth as Rivals Such as Gap Falter

Inditex SA reported higher earnings and sales as the owner of the Zara apparel chain expands e-commerce at a breakneck speed while rivals such as Gap Inc. falter in a weak clothing market. Though cold and rainy weather weighed on the Spanish company’s first-quarter sales, revenue rose 9.5% in local currencies at the start of…

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