Sales up 14pc at Zara's Spanish owner Inditex

zara fashion

Sarah Morris and Elisabeth O'Leary

Zara-owner Inditex posted a 14pc rise in sales for November and early December as its fast-changing fashion collections helped it cope better with mild weather than many European rivals.

The strong sales performance, coming after a better-than-expected rise in revenues during the nine months to the end of October, boosted Inditex shares more than 3pc despite a small decline in margins during the period.