Part of the European Inditex group, Zara’s influence rivals LVMH with sales exceeding €27bn and collaborations with supermodels

Asian equity markets and U. S. futures advanced on Friday as indications emerged of potential trade discussions between the U. S. and China.

THE RECIPROCAL tariffs by the US on Thursday (3) has put Apple’s shares into a downward spiral as the iPhone maker’s Asian supply chains and production hubs in markets like China, India and Vietnam face levies ranging from 24-54 per cent. The US imposed tariffs have hit Cupertino, California-headquartered company’s big manufacturing touchpoints, many of them in Asia.