Industria de Diseño Textil S.A.

2 months ago · reuters.com

Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar ​Garcia Maceiras told Reuters, as the Zara owner opens new stores and revamps existing outlets to woo more aspirational ‌shoppers.

2 months ago · wsj.com

The owner of Zara booked a broadly stable 9% on-year increase in sales on a constant-currency basis.

2 months ago · reuters.com

Zara owner Inditex reported ​a better-than-expected start to its autumn ‌trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across ​Europe reshapes shopping behaviour in ​its biggest market.

2 months ago · theguardian.com

First robot-assisted outlet opens in Liverpool to take on Shein and supermarkets in clothing, shoes and homewares

3 months ago · proactiveinvestors.co.uk

Zara owner Inditex offers an attractive way to weather rising clothing costs while retaining scope for stronger sales and margins, according to Barclays. The bank upgraded the owner of brands including Massimo Dutti, Pull & Bear and Bershka to 'overweight' and set a €62.5 price target after its relatively muted share-price performance, which has seen a total shareholder return of -2% delivered this year, compared with stronger gains for retailers including Marks & Spencer and B&M.

4 months ago · proactiveinvestors.co.uk

Second-hand fashion is becoming an increasingly important factor in the clothing sector, but is creating winners rather than losers among Europe's biggest clothing retailers, according to RBC Capital Markets, as younger shoppers increasingly buy clothes with an eye on what they might be worth later. The global second-hand apparel market has doubled in size over the past five years to account for around 10% of clothing sales.

4 months ago · proactiveinvestors.co.uk

The broker came away from its retail conference more upbeat on consumer trends and the outlook for input and labour costs. RBC Capital Markets has flagged a strong chance of consensus earnings upgrades for Next PLC (LSE:NXT) and Inditex, after hosting a European consumer and retailing conference in London last week.

5 months ago · reuters.com

Santander has overtaken fashion giant Inditex to become Spain's most valuable listed ​company for the first time in ‌eight years, lifted by a recent rally in banking shares.