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Europe's warm autumn slows Zara's Q3 sales

Analysts optimistic of better year-end sales; billionaire owner Amancio Ortega seeks US$472m for buyer of 16 stores

London

INDITEX, the world's biggest clothes retailer and owner of Zara stores, reported a slowdown in sales growth in its third quarter on Wednesday as Europe's warm autumn kept shoppers away, although analysts pointed to a brighter end of the year.

Fashion retailers such as Next...

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