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Inditex’s Q1 Swings to Black as Tech Fuels Digital Sales

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Pent-up demand continued to boost sales at Inditex in May, maintaining the first-quarter momentum when in-store and online purchases jumped 50 percent above year-ago figures. In a Nutshell: The Zara owner said store and online sales in local currencies from May 1-June 6, 2021, when restrictions trimmed business hours by 10 percent, recorded year-on-year growth of…

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