Inditex

The Spanish company started in 1963 by Amancio Ortega, where he founded Confecciones GOA, a modest workshop that distributed home garments. Today, Inditex is one of the largest fashion distribution groups in the world and has eight commercial formats, the main one is Zara, that opened its first store in 1975.

The Spanish giant has reduced its stock by 5% in the third quarter. Its weapons? Store optimization and Rfid.

Inditex wins the war of margin: beats H&M with highest profitability since 2014

The group got a gross margin of 60.8% from August to October, three tenths more than in the same period of 2018, and evolves in profitability better than its rival H&M.

Inditex sales climb 9.7% in third quarter, profit grows 14%

Zara’s parent company reached a revenue of 1.2 billion euros (1.3 million dollars) in the third quarter.

Inditex hires more digital talent: appoints Anna Lange to the board

Lange is the chief executive officer of Mentis, the software company she founded in 2013. The executive is also member of the board of Orange, Pernod Ricard, amongst others.

Inditex confirms full year 2019 outlook: like-for-like sales to grow 6%

The company plans to expand its selling space between 5% and 6% and estimates that the contribution of the new space to the growth of the group will be around 3%.

Zara, Stradivarius and Bershka lead Inditex openings in the third quarter

Zara was the chain of the group with more openings in the period with 16 new stores. Stradivarius opened 12 and Bershka and Oysho opened ten each.

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Inditex Sets 2026 Completion Date for New Distribution Center

Fashion retail titan is set to complete construction of its second logistics hub in Zaragoza by next June, backed by a €600 million investment and adding 1,500 jobs.

Mainstream Fashion’s New Monarch: Fast Retailing Outraces Gap and Surges Ahead of Inditex

With their latest annual results, the Japanese conglomerate led by Uniqlo is pulling further ahead of the American company Gap, which is grappling with its reliance on the domestic market, and is closing the gap with Swedish rival H&M.

Bershka Joins Inditex’s Strategic Expansion into the Mercosur Market

The Spanish retail powerhouse gears up to launch a new outlet in Sao Paulo’s bustling Morumbi Shopping Mall. With Zara and Zara Home, the company already has 51 stores across Brazil.

Zara was the chain with most openings in the third quarter, followed by Stradivarius, with 12 new stores and Bershka and Oysho with ten new stores each.

The company did a first test with customization earlier this year with a denim line in its ecommerce platform and in some of its stores.

Analysts still trust Zara’s parent company growth potential. The group will release its third quarter results next Wednesday.

The analysists expect the Spanish fashion retailer giant to end the period with revenues valued at 7.7 billion dollars (6.9 billion euros).

Lefties has opened its first store in the Mall of Sousse in the North-African country on 22th November of this year.

The British perfumer has created a line of eight unisex fragrances that are already available in Zara’s online store.

Pablo Isla, president of the Spanish fashion giant, and Valter Sanches, general secretary of the federation, have met today in Geneva to renew the deal they signed in 2007.

The Spanish fashion giant appears in the top ranks with other companies in the sector such as L’Oréal, Suez, Gberit and Henkel, amongst others.

The Spanish fashion giant first allied with the agency in 2007 with the aim of guaranteeing the fair work of the people who work in its production plants.

The Spanish company has a network of 108 stores in the British market. Oysho and Uterqüe are the only chains of the group that do not operate in the country.

The Italian fashion group has signed Esteban Liang, former Inditex to lead its business in the Asian country where it operates with more than 300 stores.

Zara owners’s profit before tax stood at 22.3 million pounds (28.9 million dollars) in the country in the first half of its fiscal year.

Germany and Italy, among the developed economies, and Mexico and India, among the emerging ones. These are some of the most punished countries in the latest update of the organism’s forecasts. In these markets, fashion giants have 1,712 stores.

The Spanish fashion retailer has opened a pop-up store of its premium chain Uterqüe in Covent Garden, London, one of the city’s prime hubs.

The number one fashion retailer in the world will make a soft landing in the us, where it already operates with Zara, Zara Home, Massimo Dutti, Bershka and Pull&Bear.

In the framework of the tenth anniversary of the worldwide deal between the company and the UNO Global Union, the president of the Spanish group explained Inditex’s situation in the sector.

The biggest chain of Inditex has presented its latest Zara Srpls collection in a school located in Le Marais. The collection will be distributed in some stores of the company and its online platform.

Delays in merchandise traffic, tariff raises, currency exchange and possible restrictions in free trade are the risks pointed by the Spanish giant.

In the quarter ended July 31, profit rose nearly 10%. Margin was the only blot in Inditex’s second-quarter report.

Gross margin has also grown by 7%, reaching 56.8% of the group’s global sales. Between February and July, Inditex revenue stood at 12.82 billion euros.

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