Many high street fashion stores may be struggling.

But not, it seems, Zara.

Owner Inditex on Wednesday (December 11) forecast full-year growth of up to 6%.

The world's largest clothing retailer also posted a third quarter profit of almost 1.2 billion euros - about 1.3 billion dollars.

That was slightly ahead of analyst forecasts.

Revenue for the period hit 7 billion euros.

Inditex says it benefited from tight control over expenses, including keeping inventories to a minimum.

That even as it enlarged and improved flagship stores.

By contrast arch-rival H&M has battled with rising inventories as its sales slowed.

On an otherwise flat day for stocks, Inditex shares rose 2% in early trade Wednesday.

They're now up close to 30% so far this year.