Photographer: Martin Divisek/Bloomberg

Zara Owner Sets Record for Highest Spanish Market Value: Chart

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.

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