Zara’s US clothing sales help swell top line as dollar surges

Bloomberg

The dollar’s long rally against the euro this year has proved a godsend for the owner of the Zara brand by swelling the value of revenue from its US garment sales when converted into euros.
While it’s lost some ground over the past week, the greenback has gained more than 13% against the euro this year, boosting European firms such as Inditex SA that notch up a significant
chunk of their sales in the currency.