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Alibaba's sales surge continues

Revenues for the first three months of 2018 hit $9.7bn at China's biggest e-commerce firm.

The online retailer beat expectations with a 43% rise in revenues during the first quarter.

It follows a major revamp at the Italian label under creative director Alessandro Michele.

Inditex says online sales now account for a tenth of its global total as profits continue to rise.

The online fashion retailer's international sales have been boosted by the fall in sterling.

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