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The global fashion business journal

Mar 30, 20208:57pm

Inditex

Inditex

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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.  

h By PILAR RIAÑO
Mar 19, 2020 — 9:00am
Inditex confirms fourth-best quarter in three years

The inventory provision of 287 million euros due to the impact of the pandemic tarnishes the final sprint of the year for Inditex, which has recorded its largest growth in sales in its fourth quarter since 2016.

h By MDS
Mar 3, 2020 — 4:57pm
Credit Suisse expects Inditex to grow only 1.7% in Q1 due to the coronavirus

In China, which accounts for 8% of the group’s revenue, the Swiss bank estimates that sales have been reduced by 70% and another 50% will shrink in March and 25% in April.

h By IRIA P. GESTAL
Feb 14, 2020 — 8:38am
Zara grows in its kingdom: gains 10% more buyers in its home market

The low-cost fashion chain remains the largest by number of buyers, with 10.7% million customers in Spain. Pull & Bear overtaken C&A in the fourth position and Springfield has surpassed Stradivarius.

h By MDS
Jan 27, 2020 — 4:42pm

The Californian luxury brand has filed a lawsuit against Zara over copyright allegations. Amiri seeks damages in excess of 3 million dollars to make up for the unfair competition and infringement of commercial agreements.

h By MDS
Jan 2, 2020 — 8:57am

In 2008, 43.5% of the group's suppliers were within the common market. Ten years later, its share dropped to 24.6%.

h By C. J.
Dec 19, 2019 — 9:00am

The Spanish fashion giant has opened twenty-one new stores in Mexico in the third quarter of its fiscal year. In total the group has opened 68 new stores in the period worldwide.

h By Iria P. Gestal
Dec 17, 2019 — 4:00pm

The person in charge of the division will be Javier Losada, up until now responsible of management. The executive works closely with executive chairman, Pablo Isla.

h By Iria P. Gestal
Dec 13, 2019 — 8:57am

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

h By Christian de Angelis
Dec 12, 2019 — 9:00am

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.

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