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Japanese Fashion Magnate Maezawa to Visit International Space Station

FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
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Japanese Fashion Magnate Maezawa to Visit International Space Station

FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon

Japanese fashion magnate Yusaku Maezawa, already planning a trip around the moon, will first make a visit to the International Space Station this year, TV Tokyo reported on Thursday.

Maezawa will beginning training in Russia next month for a 12 day trip to the ISS in December travelling on a Soyuz rocket, TV Tokyo reported in a story posted to the billionaire’s Twitter account.

The entrepreneur is due to be the first private passenger on a voyage round the moon with Elon Musk’s SpaceX slated for 2023, according to Reuters.

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Fashion

Zara Owner Inditex Sees Good Holiday Season after Weak Third Quarter

FILE PHOTO: People shop during the opening of a Zara store after fashion giant Inditex resumed its operations in Venezuela under a franchise agreement, in Caracas, Venezuela April 25, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
FILE PHOTO: People shop during the opening of a Zara store after fashion giant Inditex resumed its operations in Venezuela under a franchise agreement, in Caracas, Venezuela April 25, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
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Zara Owner Inditex Sees Good Holiday Season after Weak Third Quarter

FILE PHOTO: People shop during the opening of a Zara store after fashion giant Inditex resumed its operations in Venezuela under a franchise agreement, in Caracas, Venezuela April 25, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
FILE PHOTO: People shop during the opening of a Zara store after fashion giant Inditex resumed its operations in Venezuela under a franchise agreement, in Caracas, Venezuela April 25, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo

Zara owner Inditex said the start of the holiday season had got off to a good start after it reported weaker than expected quarterly results as rainy weather hit some key European markets.
The company behind Zara and other brands said its sales rose a slower than expected 7% to 27.4 billion euros ($28.84 billion) during the period, below the 8% expected by analysts.
Its net profit of 4.44 billion euros for the first nine months of 2024, up 8.5% from a year earlier, was below analysts' average expectation of 4.52 billion euros.
The company however reported a better start of the holiday season, with revenues rising 9% during the six weeks to Dec. 9 as the world's biggest fast-fashion retailer kept drawing in shoppers even as rivals struggled.
Revenue growth in the period, which includes the key Black Friday sales, was slower than the 14% increase reported a year ago, though.
"We had a strong start to the last quarter against a demanding comparable in the same period of 2023," Inditex's capital market director, Marcos Lopez, told Reuters.
He stressed that in constant currency sales growth was 10.5% in the first nine months of the fiscal year and the growth in constant currency during the third quarter was the faster of the year.