The owner of fashion retailer Zara has reported a 26% rise in profits for the first half of its financial year.

Inditex, the world's largest fashion retailer, posted profits of €1.16bn (£853m) as like-for-like sales grew 7%.

The company said warmer weather in Europe, where two thirds of its sales are made, helped to boost profits. It has particularly seen a revival in Spain, where it created more than 2,000 of its 12,000 new jobs.

Inditex also opened 94 new stores during the period, launching its expansion into Hong Kong, Macau and Taiwan.