Growth should re-accelerate at this Iberian fashion giant with a fortress balance sheet
Inditex (ITX:BME) €43.6 Market cap: €136 billion A 15% year-to-date share-price decline presents a buying opportunity at Inditex (ITX:BME) , the Spanish clothing colossus with a strong long-run track record and the balance sheet strength to tough out what should prove a short-term growth slowdown. While the Zara brand owner faces intense competition from H&M (HM-B:STO) , Next (NXT) and Shein to name a few rivals, Inditex has shown...