European stocks close higher after U.S. inflation data comes in as expected; Zara owner Inditex falls 7% - Zara parent Inditex said sales grew at a steady pace in the first half, as shoppers bought more clothes and the company held off on big price increases. - Zara owner Inditex plans to boost investments to meet strong demand, as the fashion multinational seeks to fend off competition, including from China's Shein.