Andrea Felsted, Columnist

Inditex's Nearly Celebrity Status

Retailer hasn't completely escaped investor concerns on its gross margin.

December 14, 2016 at 11:25 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

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Inditex SA has once again left rivals green with envy.

The much-admired Spanish retail giant on Wednesday reported earnings that beat analyst estimates in the third quarter, and gave an update on sales for the six weeks from Nov. 1. Analysts at Bernstein reckon this implies same-store sales growth of 10.5 percent in the period, which is a spectacular place to be as Inditex heads into the crucial Christmas trading period.