SPAIN: Zara Owner Sees Sales Doubling By 2006
The CEO of Spanish fashion giant Inditex, owner of the famous Zara brand and chain, said he expects sales to double to seven billion euros by 2006 from last year's 3.5bn euros. Jose Maria Castellano told a conference in Santander around 40 per cent of those expected sales will come from other European nations while it also plans to expand steadily in Latin America.
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