SPAIN: Profit Up, Margins Down At Fashion Giant Inditex
Shares in Spanish fashion giant Inditex plummeted up to 16 per cent on Friday after it posted a sharp rise in first half net profit but warned of declining margins in the second half.
Shares in Spanish fashion giant Inditex plummeted up to 16 per cent on Friday after it posted a sharp rise in first half net profit but warned of declining margins in the second half.