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Inditex Plans 20 U.S. Expansion Projects
Business
— 5d
Inditex is accelerating growth in the United States with new Zara outlets and the introduction of Massimo Dutti and Bershka to New York, while trimming its global store count to emphasize profitable flagship locations. Despite macro headwinds and higher costs from infrastructure investments, the group posted a 9% sales rise in Q3 as it pushes Zara upmarket through flagship stores and designer collaborations, with margins pressured by rising costs.
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