Inditex sees profit soar by 32pc March 23, 2011 Zara retail chain owner Inditex has reported a 32 per cent surge in profit, fuelled by business in India and China. Inditex, the world’s largest clothes chain, saw annual profit hit 1.73bn euros (£1.5bn). The Spanish company, which has 55,000 stores in 77 countries, targeted Asia’s fast-growing economies in 2010. Sales in Asian countries accounted [...]
Inditex sees profit soar by 32pc March 23, 2011 Zara retail chain owner Inditex has reported a 32 per cent surge in profit, fuelled by business in India and China. Inditex, the world’s largest clothes chain, saw annual profit hit 1.73bn euros (£1.5bn). The Spanish company, which has 55,000 stores in 77 countries, targeted Asia’s fast-growing economies in 2010. Sales in Asian countries accounted [...]
Zara owner profits up 68pc September 22, 2010 INDITEX, the Spanish group which owns Zara, saw a 68 per cent jump in half-year profit – fuelled by its assault on the online market. The company reported that it had made a net profit of €628m (£534m). Sales reached €5.525bn in the first half, in line with earlier forecasts for the company. Inditex said [...]
Zara launches online stores September 2, 2010 Zara yesterday launched its first online stores. The clothes chain will sell garments at identical prices to stores, charging £3.95 for home delivery. Ordered items can be picked up free of charge at shops. The label’s owner Inditex, the world’s biggest clothing retailer by sales, has launched Zara online in Britain, Spain, Portugal, France, Italy [...]
ZARA BACK IN THE BLACK August 8, 2010 HIGH-street retailer Zara UK has declared a pre-tax profit of £618,692 over the financial year to January, its first since the onset of the financial crisis in 2007. The figures compare to a £20m loss for the previous year. Spanish owner Inditex has warned the market is still volatile but plans to launch online sales [...]
Zara owner sees profits surge after global revenues rise June 9, 2010 ZARA owner Inditex yesterday posted a 14 per cent rise in sales for the three months to the end of April. Europe’s biggest clothing retailer saw net profits jump 63 per cent to £248.4m Zara, which also owns Bershka, has opened 98 outlets in the period. Inditex bounced back after almost two years of recession [...]
Profits back in fashion for Zara owner March 17, 2010 THE owner of the Zara fashion chain yesterday reported a five per cent rise in profits, fuelled by hundreds of store openings last year. Inditex’s net profit hit £1.17bn in the year to 31 January. The company opened 343 new stores last year which helped to drive sales. The Spanish firm – which sees 70 [...]
Zara owner sees profits rise on new store openings March 17, 2010 THE owner of the Zara fashion chain has reported a five per cent rise in profits fuelled by hundreds of store openings last year. Inditex reported a net profit of £1.17bn in the year to 31 January. The company opened 343 new stores last year which helped to drive sales. The Spanish firm – which [...]
Zara owner Inditex posts forecast-beating profits September 16, 2009 INDITEX, the owner of fashion chain Zara, yesterday released forecast-beating profits, and said new store openings had buoyed sales. The group reported net profit fell eight per cent to €375m (£334m) for the six months to July, ahead of analyst expectations of €355m. Sales were up by nine per cent from the same period last [...]