Agencia EFEMarch 13, 2013 14:02
Madrid, Mar 13 (EFE).- Inditex, owner of the Zara retail chain, said in a filing Wednesday with securities regulators that it opened 121 stores in China last year, making the Asian country its No. 2 market, trailing only Spain.
Inditex had 396 stores in China at the end of its 2012 fiscal year on Jan. 31.
The retailer, which was founded by billionaire Amancio Ortega, had 6,009 stores in 86 countries at the end of the fiscal year after registering 482 net openings.