Spanish retail company Zara founder Amancio Ortega has purchased an Amazon Logistics Center in Dublin, Ireland for 225 million euros ($245 million), his investment firm Pontegadea confirmed. This is Ortega's first logistics real estate investment in Ireland. The investment house did, however, buy a...
Clothing company Inditex, which owns retailer Zara, posted better-than-expected first-quarter earnings on Wednesday following a recent fashion sales boom.
Net profit for the first quarter was 1.2 billion euros ($1.24 billion), a 54% rise from the previous year. Beating analysts' expectations of a 980 million...
