barclays african unit is revamping its operation. >> let's get to the breaking news. the spanish retailing giant is telling us. >> it is a very slight miss. for 12.mate was if you looking at profitability, that is promising. they in the quarter with 6200 49 stores. the majority of those are in spain. when we talk about inditex , we are talking about the likes of zara, you get the designs off the paper and onto the manikin into the shopping bag in a matter of weeks while the competitors take a matter of months. way john looks at me. talk every morning about fast fashion. >> for decades, they have been studied. it will be interesting to see what happens when they push into china. hub, the secret has been about centralized distribution. everything goes back to spain, doesn't it? ask china is doing pretty well -- >> china is doing pretty well. u.s.barely feature on streets. , it is veryo zara small. it is going to be a big challenge for them. a post of above 10%. upsome big years, profits 22%. >> we will talk about this later. >> congressional budget negotiators announced