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

Europe’s biggest fashion retailer Inditex has seen sales growth slow in recent weeks, sending its share price down to a seven-month low and raising fears that consumer confidence is weakening.

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.