|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.88 - 14.02|
|52 Week Range||12.22 - 17.80|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||21.57|
|Forward Dividend & Yield||0.49 (3.27%)|
|1y Target Est||39.92|
Zara owner Inditex said it would split its dual role of chief executive and chairman, leaving Pablo Isla to lead the company and appointing Carlos Crespo as new CEO in a sign of the importance of digital strategy in driving sales growth. The appointment reflected the key role of technology at Inditex, a company source said, given the retailer's push to integrate online sales with its store network by focusing on large stores where customers might try on items to buy later online. Although Inditex is seen by investors as one of the best-performing apparel retailers, its earnings growth has come under pressure as it faces increasing competition and as online retailing makes shoppers more savvy trawling for bargains.
Inditex, the world’s largest clothing retailer, will name chief operating officer Carlos Crespo as chief executive, taking some of the responsibilities now held by executive chairman Pablo Isla, the company said Thursday. The announcement of Mr Crespo’s promotion underlines the emphasis Inditex is putting on its digital efforts amid changing consumer habits and the threat of online-only retailers. In the announcement, Mr Isla remarked on the importance of Mr Crespo’s new role “at a time marked by Inditex’s strategic digital transformation and far-reaching commitment to sustainability”.
Pablo Isla de Tejera became the CEO of Industria de Diseño Textil, S.A. (BME:ITX) in 2005. First, this article will...
As Industria de Diseño Textil, S.A. (BME:ITX) released its earnings announcement on 31 January 2019, analysts seem fairly confident, as a 10% increase in profits is expecte...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today I will take a look at Industria de Diseño Textil, S.A.'s (BME:ITX) most recent earnings update (31 January 2019) and co...
Pontegadea Inmobiliaria, the real estate arm of the founder of fashion group Inditex, Amancio Ortega, this week completed the purchase of two Seattle office blocks leased to Amazon, a Pontegadea spokesman said on Thursday. Pontegadea bought the buildings from U.S. investment fund USAA Real Estate, the spokesman said, adding it was the Spanish fund's biggest ever deal in the United States. Pontegadea declined to comment on the transaction value.
Inditex, the world's biggest clothing retailer, missed full-year earnings expectations on Wednesday, held back by flat margins and a stronger euro, which curbed sales growth at Zara and its other brands. Shares in Inditex tumbled more than 5 percent after the results and were down 3.7 percent at 25.31 euros by 1131 GMT. "Whilst most retailers would be very pleased to report 7 percent sales growth (at constant currency rates last year), this is less than half the rate of growth reported by Inditex just a couple of years ago and we believe it is evidence that the group's growth profile is slowing sharply," Morgan Stanley said in a note.
If you want to know who really controls Industria de Diseño Textil, S.A. (BME:ITX), then you'll have to look at the makeup of its share registry. Institutions will often holdRead More...
Want to help shape the future of investing tools? Participate in a short research study and receive a subscription valued at $60. Today we'll evaluate Industria de Diseño Textil, S.A. Read More...
I've been keeping an eye on Industria de Diseño Textil, S.A. (BME:ITX) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, Read More...
How far off is Industria de Diseño Textil, S.A. (BME:ITX) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the Read More...
Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than $5 billion off the fashion retailer's market value at one stage. Controlled by founder Amancio Ortega, one of the world's richest men, Inditex generates more than half of its sales in currencies other than the euro and then books those sales in euros when reporting results. Inditex, which did not give details on the currency moves that hit its results, reported nine-month earnings before interest and tax (EBIT) of 3.07 billion euros ($3.5 billion), up 3 percent on the year-ago period.
In 2005 Pablo Isla de Tejera was appointed CEO of Industria de Diseño Textil SA (BME:ITX). This analysis aims first to contrast CEO compensation with other large companies. After that, Read More...
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we’ll show how Industria de Diseño Textil Read More...
Spain-based clothing retailer Zara will make its products available to online shoppers in an additional 106 countries, many of them in Africa, parent firm Inditex (ITX.MC) announced on Wednesday. Shares closed 5.2 percent higher after the news, clocking up the second biggest daily gain on Spain's stock index (.IBEX). Inditex said many of the new overseas markets were in Africa and included Angola, Ivory Coast, Senegal and Ghana.
Zara owner Inditex , the world's biggest clothing retailer, reported annual earnings below analysts' expectations, sending its shares lower. David Pollard reports.