Zara Owner Profits up on Sales Surge

Inditex, owner of clothing retailers including Zara and Massimo Dutti, reported a 28% rise in net profit for the first quarter of 2015, after a surge in sales.
The Spanish company posted a profit of €521m (£383m) between February and April, up from €406m (£298m) over the same period last year.
It also said sales rose 17% to €4.37bn (£3.2bn).
The company, which also owns Pull & Bear and Bershka, said the expansion of Zara Home - its home goods range - was a "particular highlight" of the first quarter.