Inditex cited no reason for slower growth, but businesses have been warning of weaker demand, especially in the U.S. as trade tensions mount.

While Zara has successfully held off competition from new players and online upstarts, the U.S. is its second largest market and tariffs have prompted trade warnings.

ARTEIXO, Spain (Reuters) - The world's largest listed fashion retailer Inditex is well positioned to face the uncertainty about tariffs around the world as it sources its products in a wide range of different countries, Chief Executive Oscar Garcia Maceiras said on Wednesday.