Zara Owner Inditex Breaks Through the $100 Billion Mark

Inditex SA, the world’s largest clothing retailer, joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.

The value of the Spanish retailer, whose brands also include Massimo Dutti and Bershka, surpassed 100 billion euros ($109 billion) Wednesday for the first time. The stock has been bolstered by a recovering domestic economy, growing online sales and a weak euro that’s boosting the value of revenue from abroad.