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High fashion
By · 15 Mar 2013
By ·
15 Mar 2013
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High fashion

]The world's biggest clothing group, Spain's Inditex, which controls the Zara brand, has posted a record 2012 profit of €2.4 billion ($2.9 billion), up 22 per cent, as expansion abroad offsets belt-tightening by domestic consumers.



2.5% New Zealand's central bank left interest rates at a record low of 2.5 per cent and predicted they would remain there for the rest of the year.



Smart move

BlackBerry says it has received an order for 1 million of its new smartphones – the largest ever single purchase in the company’s history.
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Frequently Asked Questions about this Article…

Inditex, the Spanish group that owns Zara, posted a record 2012 profit of €2.4 billion (about $2.9 billion), an increase of 22% year‑on‑year. The article says growth was driven by expansion abroad, which helped offset belt‑tightening by domestic consumers in Spain.

Inditex’s strong 2012 profit and emphasis on overseas growth can signal that the company is successfully diversifying revenue away from weaker domestic demand. For investors, this may indicate resilience and a management strategy focused on international markets—factors worth considering alongside valuation, competitive position and longer‑term trends.

The article reports that New Zealand's central bank left official interest rates at a record low of 2.5% and predicted they would remain at that level for the rest of the year.

A central bank holding rates at a low 2.5% can influence bond yields, mortgage costs and consumer spending in New Zealand. Investors should consider how low rates might affect interest‑sensitive sectors, currency moves and asset allocation, while remembering this article only reports the bank’s decision and outlook.

BlackBerry said it received an order for 1 million of its new smartphones—described in the article as the largest single purchase in the company’s history. That scale makes the order notable as a potential commercial validation of the new device.

A large order like 1 million units can boost investor sentiment by suggesting demand for a new product and potential revenue upside. However, investors should look for confirmation in official sales, delivery schedules and financial results before drawing firm conclusions.

Yes. The brief updates highlight three investor themes: corporate growth through international expansion (Inditex), monetary policy and low interest‑rate environments (New Zealand central bank), and product demand signals from large orders (BlackBerry). Each can influence company prospects and market sentiment in different ways.

Treat short briefs as starting points: note the facts (e.g., Inditex’s €2.4bn profit, NZ’s 2.5% rate, BlackBerry’s 1 million order), but follow up with company reports, financial statements and broader market context. Avoid overreacting to single headlines, diversify your holdings and consider long‑term fundamentals before making trading decisions.