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Zara Owner Inditex Set for Best Week Since 2020 on Luxury Push

The retail giant is outperforming the European retail sector as its strategy to move brands toward the premium segment and away from ultra-low-price competition shows positive results.
A woman and a child carry Zara shopping bags along Brompton Road in Knightsbridge, London.
Inditex is trading at a substantially higher valuation than peers at 26 times forward earnings — on par with luxury behemoth LVMH. (Getty Images)

The world’s largest fashion retailer staged a stock-market comeback this week as Inditex SA’s push to differentiate itself from fierce ultra-low-price competition shows signs of bearing fruit.

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