Zara parent Inditex to open store in Vietnam

Last year, it opened 330 new stores, bringing the total number of Inditex stores to over 7,000 at 88 markets. The Spanish company said it will further develop its integrated online marketing strategy globally.

However, Inditex’s shares have fallen more than 10% in the past three months partly due to concerns about currency movements affecting profits.

Inditex, which has a market value of almost EUR92bn, said it would increase its dividend by 15.4% to EUR0.60 a share.