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Wednesday, December 12, 2018

Zara owner Inditex hit by FX swings and warm weather

Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than $5 billion off the fashion retailer's market value at one stage.


from Reuters: Business News https://ift.tt/2UCRR5Z

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