|Bid||25.51 x N/A|
|Ask||26.05 x N/A|
|Day's Range||25.54 - 26.06|
|52 Week Range||21.85 - 28.86|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||23.06|
|Forward Dividend & Yield||0.66 (2.58%)|
|1y Target Est||N/A|
Inditex, the parent company of clothing retailer Zara, is seeing higher profits thanks to record sales brought on by the brand's growing online business. Yahoo Finance's Oscar Williams-Grut joins Julie Hyman and Adam Shapiro to talk about Inditex's latest earnings report.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Today we'll look at Industria de Diseño Textil, S.A. (BME:ITX) and reflect on its potential as an investment...
Amancio Ortega, Europe's richest man and founder of retailer Inditex , had commercial property assets worth nearly 10 billion euros ($11 billion) at the end of 2018, up 11.5 percent from the previous year according to his investment firm on Wednesday. Using the huge dividend payouts from Inditex, octogenarian Ortega has made largely debt-free purchases of buildings ranging from prime shopping real estate in London and New York to office buildings in central Madrid. Most of Ortega's commercial holdings have been consolidated into a company called Pontegadea Inversiones which owns a 50.01 percent stake in Inditex alongside billions of euros in real estate investments.
A $70 dollar frock offered by Zara, one of Spain-based Inditex’s many fast-fashion retail chains, is literally being spotted everywhere. And it now has its own Instagram account.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Swedish fashion group H&M said sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by 10%. The world's second-biggest fashion retailer after Zara owner Inditex said on Thursday sales growth accelerated to 12% in local currencies in June, the first month of its fiscal third quarter, from 5% in the second quarter. Chief Executive Karl-Johan Persson told Reuters the arrival of warmer weather in Europe had helped.
The list of retail casualties shutting up shop seems to grow by the month but Inditex, the world's largest clothing retailer, is still betting on its network of physical stores to drive growth. The Zara owner has shrunk its network in its home market of Spain - by far its biggest portfolio globally - by 297 stores, or 15%, since 2012. Shutdowns have led some investors and analysts to worry about slowing sales growth at a company whose business has been built on a rapidly expanding store network.
Zara owner Inditex bounced back from a weak start to 2019, when unseasonably cold weather in southern Europe stifled sales for the Spanish fashion group, with a strong performance in the first weeks of the second quarter. This contrasts with how others in the struggling apparel sector are faring, with mid-market clothing retailer Ted Baker posting a profit warning on Tuesday after Britain had its biggest fall in retail sales on record in May. "This is particularly impressive in our view, notably in context of industry data we have so far for May," JP Morgan said in a research note following Inditex's results on Wednesday.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
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.
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...
BERLIN/STOCKHOLM (Reuters) - When H&M boosted its shares last month by reporting a rise in the sale of full-price garments, it wasn't just a tribute to the fashion sense of its designers. It was a sign that backroom improvements are at last paying off. The world’s second-largest fashion group is investing heavily in areas like artificial intelligence and customer loyalty as it looks to improve the way it spots trends and plans logistics, and ultimately reduce discounted sales and piles of unsold stock.
Shares in Zalando jumped on Tuesday after Europe's biggest online-only fashion retailer said it expected to post an operating profit for the first quarter, when it usually makes a loss due to selling off remaining stock after Christmas at a discount. The shares were up 11.7 percent by 0924 GMT, buoying other fashion firms like ASOS, Zara-owner Inditex, Adidas and H&M. The industry has been plagued in recent years by fierce competition and heavy discounting, while investment in logistics and technology to speed online delivery has also weighed on profitability, especially as Amazon expands in fashion.
H&M will trial sales of second-hand and vintage clothes as it seeks to tap into consumers' growing concerns about the environmental cost of fast fashion, its head of sustainability said on Friday. Anna Gedda told Reuters H&M would launch a pilot in Sweden for online sales of second-hand garments on the site of its & Other Stories brand, with the aim of extending the scheme to other markets and brands in years to come. "It comes back to the whole circular vision ... it just makes great sense to look into this business," she said on the sidelines of an event in Berlin on the future of fashion.
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.