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Inditex buys London Zara flagship for £155m Tuesday, 19th June 2012
Inditex has snapped up its London-based flagship Zara store for £155 million.
The group yesterday announced it had bought the 7,000 square metre premises on Oxford Street from Deka, a German fund manager.
Last Wednesday, Inditex posted a 30 per cent rise in quarterly net profit to EUR 432 million, on sales of EUR 3.4 billion.