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financial

July 11, 2012

Inditex Won't Raise Prices After VAT Hike

The owner of the Zara retail chain said it would absorb the increase in VAT and would not raise its prices.

By Joelle Diderich

financial/news

PARIS — Inditex SA, owner of the Zara retail chain, said on Wednesday it would not raise prices despite Spain’s decision to raise value-added tax by 3 percent as part of...

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Inditex Won't Raise Prices After VAT Hike

The owner of the Zara retail chain said it would absorb the increase in VAT and would not raise its prices.

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