Zara owner sets record for largest Spanish firm by valuation
Inditex, the fast-fashion giant that owns the Zara and Oysho brands, has set the record for largest-ever Spanish company by market value, surpassing the 10-year-old mark set by telecom giant Telefonica. Inditexâs shares surged 18% over the past month amid strong earnings growth. Notably, company's founder Amancio Ortega is the world's second richest person with a wealth of $83.2 billion.