ITX.MC - Industria de Diseño Textil, S.A.

MCE - MCE Delayed Price. Currency in EUR
27.55
+0.23 (+0.84%)
At close: 5:35PM CEST
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Previous Close27.32
Open27.25
Bid27.23 x 342600
Ask27.70 x 122100
Day's Range27.25 - 27.59
52 Week Range23.00 - 33.93
Volume2,139,079
Avg. Volume3,434,447
Market Cap85.782B
Beta0.68
PE Ratio (TTM)25.37
EPS (TTM)1.09
Earnings DateSep 12, 2018
Forward Dividend & Yield0.33 (1.11%)
Ex-Dividend Date2018-10-30
1y Target Est31.01
  • Sluggish sales at Zara owner Inditex but margin improves
    Reuters Videos2 months ago

    Sluggish sales at Zara owner Inditex but margin improves

    Inditex, the world's biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite negative currency effects. Laura Frykberg reports.

  • Turkish Lira's Plunge Brings Cost Relief for Zara Owner Inditex
    Bloomberg8 days ago

    Turkish Lira's Plunge Brings Cost Relief for Zara Owner Inditex

    The crash in the lira could boost Inditex SA, the Spanish owner of the Zara brand, by lowering its costs for making clothes in Turkey, a key manufacturing base, even as the economic crisis there threatens to hit customer demand. Turkey, whose currency plummeted as much as 13.5 percent against the dollar on Friday, is an important source of apparel for Inditex, which also operates the Massimo Dutti and Pull & Bear brands, among others. The lira was down 6.7 percent at 1:12 p.m. Madrid time relative to the euro, Inditex’s main currency.

  • Thomson Reuters StreetEvents17 days ago

    Edited Transcript of ITX.MC earnings conference call or presentation 13-Jun-18 7:00am GMT

    Q1 2018 Industria de Diseno Textil SA Earnings Call

  • The Wall Street Journal17 days ago

    [$$] Out of Stock Online? Zara Hopes Shipping From Stores Will Boost Sales

    The rollout encompasses around 2,000 stores in 48 countries, including the U.S., making it one of the largest-scale attempts by an apparel company to repurpose downtown shops to help fulfill online orders. Executives at Zara, whose Spanish parent company Industria de Diseño Textil SA is the world’s largest fashion retailer by sales, say they expect to complete the transformation by year’s end. For instance, a Zara blazer could be out of stock online but available at a store near where the online shopper lives.

  • Reuters2 months ago

    H&M to cut prices again as delivery problems swell clothing stockpile

    H&M plans to cut prices further as supply problems hamper the Swedish company's ability to respond to fast-changing fashion demand, swelling its stockpiles of unsold clothing. The world's second-biggest fashion retailer after Inditex on Thursday reported a further drop in profit for the quarter to the end of May and said it would now be tougher to reach its target of a "somewhat better" result for 2018. "The first half of the year has been somewhat more challenging than we initially thought, but we believe that there is a gradual improvement and that we will see a stronger second half," Chief Executive Karl-Johan Persson said.

  • Reuters2 months ago

    H&M to cut prices to shift stock after latest profit decline

    Fashion retailer H&M will have to cut prices further to help shift growing piles of unsold merchandise over the summer after another decline in quarterly profit, it said on Thursday. The Swedish company, which has seen profit fall in the past two years as fewer customers shop in its main H&M brand stores, said it would now be tougher to reach its target of a "somewhat better" group result for the year. "The first half of the year has been somewhat more challenging than we initially thought, but we believe that there is a gradual improvement and that we will see a stronger second half," Chief Executive Karl-Johan Persson said on Thursday.

  • Melania Trump's Zara Jacket Thrusts Inditex Into Spotlight
    Bloomberg2 months ago

    Melania Trump's Zara Jacket Thrusts Inditex Into Spotlight

    Fast-fashion pioneer Zara has been caught up in a sartorial controversy involving first lady Melania Trump -- with a garment that was last on sale two years ago. Trump, boarding a plane for a flight to an immigrant detention center in Texas, wore an olive-green jacket with the words “I Really Don’t Care, Do U?” on the back. While Zara’s shops are ubiquitous, its Spanish parent company, Inditex SA, typically tries to stay out of the limelight.

  • Reuters2 months ago

    Zara looks to technology to keep up with faster fashion

    Inditex (ITX.MC), the world's largest clothing retailer and owner of the Zara chain, faces growing competition from younger, online-only players like Boohoo.com and Missguided. The success or failure of such efforts could help determine whether Inditex can adapt to the changing landscape of apparel retail, where Amazon is set to overtake Macy's as the biggest seller of clothing to Americans. More broadly, it could point to whether the model of combining online sales with a large network of physical stores can ultimately prevail in mass-market fashion, where tailored trousers sell for under 30 euros ($35) and sequined dresses for under 50 euros.

  • Zara looks to technology to keep up with faster fashion
    Reuters2 months ago

    Zara looks to technology to keep up with faster fashion

    Inditex, the world's largest clothing retailer and owner of the Zara chain, faces growing competition from younger, online-only players like Boohoo.com and Missguided. The success or failure of such efforts could help determine whether Inditex can adapt to the changing landscape of apparel retail, where Amazon is set to overtake Macy's as the biggest seller of clothing to Americans. More broadly, it could point to whether the model of combining online sales with a large network of physical stores can ultimately prevail in mass-market fashion, where tailored trousers sell for under 30 euros ($35) and sequined dresses for under 50 euros.

  • The Wall Street Journal2 months ago

    [$$] Zara Boosts Profit Margin, Bucking an Industry Trend

    MADRID—Zara’s parent company said same-store sales growth slowed in the latest quarter, though profit margins improved, as the world’s largest fashion retailer attempts to navigate an industrywide shakeout driven by competition from online retail. Inditex SA said on Wednesday that sales in stores that have been open for at least one year rose in all its markets in its fiscal first quarter. After years of blistering growth, Zara sales growth has flagged more recently.

  • Zara Goes Hi-Tech
    Bloomberg2 months ago

    Zara Goes Hi-Tech

    Zara-parent Inditex is going high-tech in its race with Amazon–here's how https://bloom.bg/2y7Axiy #tictocnews (Source: Bloomberg)

  • Inditex, Just Eat and tech stocks spice up European trading ahead of Fed
    Reuters2 months ago

    Inditex, Just Eat and tech stocks spice up European trading ahead of Fed

    Trading in European shares was hesitant on Wednesday as investors awaited guidance from the Federal Reserve on future U.S. interest rate rises, while Inditex rose after results and Just Eat was bruised by intensifying competition. The pan-European STOXX 600 (.STOXX) ended up 0.2 percent while Germany's DAX (.GDAXI) added 0.4 percent and Britain's FTSE 100 (.FTSE) ended flat. Inditex (ITX.MC) rose 3.5 percent after the world's biggest clothing retailer reported improved first-quarter profitability despite the dampening impact of a strong euro.

  • Reuters2 months ago

    Inditex, Just Eat and tech stocks spice up European trading ahead of Fed

    Trading in European shares was hesitant on Wednesday as investors awaited guidance from the Federal Reserve on future U.S. interest rate rises, while Inditex rose after results and Just Eat was bruised by intensifying competition. Benchmarks barely budged, with all the action at the stock level.

  • Reuters2 months ago

    Zara owner Inditex boosts profitability despite strong euro

    Inditex, the world's biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite the dampening impact of a strong euro. Inditex's centralised sourcing and distribution model also means a large chunk of its costs are in euros.

  • Inditex Margin Reassures, Despite Sales Miss: Street Wrap
    Bloomberg2 months ago

    Inditex Margin Reassures, Despite Sales Miss: Street Wrap

    Inditex SA reported mixed results, as a gross margin beat provided relief for investors while first-quarter sales missed expectations. The margin beat was a positive surprise, and a trend of falling margins has been one factor weighing on the shares for the last year, according to Banco Sabadell analysts. The company said in a call with analysts it will not change its gross margin guidance for the year.

  • Reuters2 months ago

    Inditex expects no currency impact on gross margin for full year

    MADRID (Reuters) - Zara owner Inditex (ITX.MC) reiterated on Wednesday that it did not anticipate any currency impact on gross margin for the full year and expected a stable gross margin for the year. ...

  • Reuters2 months ago

    European shares drift lower as investors await Fed, Inditex and Just Eat tumble

    Trading in European shares was hesitant early on Wednesday as investors awaited further guidance from the Federal Reserve on future U.S. rate rises, while Zara owner Inditex fell after results and Just Eat was bruised by intensifying competition. Benchmarks barely budged, with all the action at the stock level. Inditex was down 2.3 percent by 0725 GMT, having jumped at the open after first-quarter results showed a stronger than expected margin.

  • Reuters2 months ago

    Southeast Europe targets luxury brands' fast fashion catchup

    ROUSSE, Bulgaria/PRAGUE (Reuters) - Miglena Hristova's factory near the Danube is among a growing number in southeastern Europe positioning themselves to help top brands adjust to faster fashion cycles. Bulgaria, Romania and other countries in the Balkan region have established a foothold in the luxury market and fashion houses from Paris and Milan are quietly building a bigger presence as they feed demand for a quicker turnover of styles. More affordable labels have long produced bags, scarves, clothes and shoes in southeastern Europe, but margins are becoming slimmer as Balkan companies jostle for that business with China, Turkey and, increasingly, Africa.

  • Reuters3 months ago

    Luxury retailer Canada Goose to open stores in Beijing, Hong Kong

    Canada Goose Holdings Inc will open its first stores in Beijing and Hong Kong, reaching directly to customers who have been buying its luxury coats online and at department stores. The company will partner with ImagineX Group, the Hong Kong-based retail and brand management company, to run the stores, which are expected to open this fall, it said in a statement on Thursday. It will also partner with Alibaba Group Holding Ltd's giant online marketplace Tmall to expand its e-commerce operations, following a pilot project it started early this year, and establish a regional head office in Shanghai, it said.