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H&M, Zara operator fashion aggressive global expansion

Powerhouse apparel pair show no need to narrow focus

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A Zara store in Barcelona highlights the mainstay apparel brand of Spanish company Inditex.   © Reuters

GENEVA -- Two European apparel titans are aggressively expanding their store networks and introducing various brands to new markets, wielding the resources to support a well-rounded growth that rivals appear unable to match.

Inditex, which operates the Zara apparel chain, said Wednesday it will open around 280 stores in fiscal 2017, equaling the Spanish company's fiscal 2016 expansion. H&M Hennes & Mauritz of Sweden seeks a net increase of 430 stores.

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