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Zara parent company Inditex has announced a new first-quarter record haul of €5.7 billion for 2018.

The international retailer launched online sales for Zara in Australia and New Zealand during the quarter.

Despite significant exchange rate effects, same store sales growth was in the green across all geographies.

CEO Pablo Isla said the result highlighted “the strength of the integrated store and online model, bolstered by continued innovation, is driving solid growth and notable job creation."

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In April, the company distributed €42 million among 88,000 employees under its employee profit-sharing plan.

In total, between commissions, incentives and bonuses, the Group has distributed €562 million over the past year.

Sales have already increased by 9% in local currencies between May 1 and June 11, 2018.

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