Zara Owner Sets Record for Highest Spanish Market Value: Chart
(Bloomberg) -- Inditex SA, the fast-fashion giant that owns the Zara and Oysho brands, has set the record for largest-ever Spanish company by market value, surpassing the 10-year-old mark set by Telefonica SA. Inditex's shares surged 18 percent over the past month as investors welcomed its internet strategy and earnings growth.
--With assistance from Blaise Robinson
To contact the reporter on this story: Rodrigo Orihuela in Madrid at rorihuela@bloomberg.net.
To contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Celeste Perri
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