Industria de Diseno Textil SA

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Industria de Diseño Textil SA engages in the retail and sale of clothing, footwear, and accessories. It operates through the following segments: ZARA, Bershka, and Other. The firm's other brands include of Pull&Bear, Massimo Dutti, Stradivarius, Oysho, Zara Home, and Uterqüe. The company was founded by Amancio Ortega Gaona in 1963 and is headquartered in A Coruna, Spain.

Global clothing retailer Inditex, parent company of Zara, saw “a significant rebound in traffic” to its stores around the world in the first quarter of fiscal 2022 from Feb. 1 through April 30, but the company says it's still confident it will reach its goal of 30% of its revenue coming from online sales by […]

Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals

Industria de Diseño Textil, S.A. (OTCPK:IDEXY) Q1 2022 Earnings Conference Call June 8, 2022 3:00 AM ET Company Participants Marcos López - Capital Markets Director Oscar Garcia Maceiras - Chief Executive Officer Ignacio Fernández - Chief Financial Officer Conference Call Participants Richard Chamberlain - RBC Anne Critchlow - Societe Generale Rebecca McClellan - Santander Warwick Okines - Exane BNP Nick Coulter - Citi James Grzinic - Jefferies Marcos López Good morning, everybody.

Industria de Diseño Textil, S.A. (IDEXY) CEO Oscar Garcia Maceiras on Q1 2022 Results - Earnings Call Transcript

Fashion giant Zara's owner Inditex reported on Wednesday its net profit in the February-April period jumped 80% to 760 million euros ($812.06 million), in line with analysts' expectations as sales surpassed pre-pandemic levels.

Zara owner Inditex's quarterly profit jumps 80% on post-Covid wardrobe renewals

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

Zara owner Inditex set to benefit from higher prices

Zara owner Inditex has signed an agreement worth more than 100 million euros ($104 million) to buy 30% of the recycled fabric to be produced by Finland's Infinited Fiber Company for three years in a push to use more sustainable materials.

Inditex in 100 million euro deal to make clothes from recycled fabric

Industria de Diseño Textil, S.A. (IDEXY) CEO Oscar Garcia Maceiras on Q4 2021 Results - Earnings Call Transcript

Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of its revenue to come from online sales in 2024, continuing a transition to a more eCommerce-heavy business that started during the COVID-19 pandemic in 2020. Inditex announced online sales of […]

Zara Parent Inditex Continues Digital Transition, Expects 30% eCommerce in 2024

Industria de Diseno Textil SA booked slower sales growth in the fiscal year's final quarter amid a Covid-19 outbreak, though it said earnings surged and performance has recovered strongly at the beginning of the new fiscal year.

Inditex sees slowing end-2021 sales, but better performance in early 2022

Zara owner Inditex reported on Wednesday its net profit more than doubled in 2021 to 3.2 billion euros ($3.51 billion) after its sales almost recovered from the pandemic as many countries eased the restrictions imposed to fight coronavirus.

Inditex says 2021 net profit more than doubled from 2020

Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday to the Spanish regulator.

Zara owner Inditex halts trading in Russia, closing stores and online platform

Industria de Diseño Textil, S.A. (IDEXY) CEO Oscar Maceiras on Q3 2021 Results - Earnings Call Transcript

The world's biggest fashion retailer Inditex cemented its recovery to pre-pandemic levels on Wednesday, posting a net profit of 2.5 billion euros ($2.82 billion) in the first nine months of its fiscal year, 273% more than in the same period a year ago, as shoppers massively returned to their former habits.

Inditex 9-Month net profit more than triples to 2.5 billion euros

An experienced team of managers should smooth leadership change at Inditex next year, when the family of billionaire founder Amancio Ortega will tighten its grip on the world's biggest fashion retailer, sources and analysts said.

New double act reinforces Ortega family grip on Inditex

Marta Ortega will take the reins next year at fashion retail empire Inditex, the Spanish company founded by her father Amancio Ortega and that has made him one of the world's wealthiest men.

Factbox - Fashion, family and horses - Inditex heiress takes the reins

MADRID (Reuters) -Spanish fashion retailer giant Inditex said on Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman of the group in April with a new CEO, as a last step of a generational handover started a decade ago.

Inditex founder's daughter to become chairwoman, CEO stepping aside

Industria de Diseno Textil (IDEXY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Industria de Diseno Textil (IDEXY): Strong Industry, Solid Earnings Estimate Revisions

Industria de Diseño Textil, S.A. (IDEXY) CEO Carlos Crespo on Half Year 2021 Results - Earnings Call Transcript

Fashion brand Zara owner Inditex rebounded with an 850 million euro second-quarter profit on Wednesday as sales topped pre-pandemic levels, outshining Swedish rival H&M.

Zara owner Inditex sales rebound to top pre-pandemic levels

Inditex swings to profit as sales return to pre-pandemic levels

When the world's two biggest fashion groups unveil quarterly sales figures on Wednesday, No.1 Inditex is seen back at pre-pandemic levels as stores reopen and people long to renew their wardrobe, while H&M still has some way to go.

H&M lags Zara-owner Inditex in race to regain lost sales

It's time to sell leading European retailers H&M and Inditex, Deutsche Bank advised as it initiated coverage on the European apparel sector.

Europe Markets: Sell H&M and Zara owner Inditex, Deutsche Bank says

Sales at Inditex, the owner of Zara, jumped 50% in the first quarter compared with the same period in 2020, as the group swung to a profit.

Reopening Boosted the World's Largest Clothing Retailer. Why Investors Should Be Cautious.

Spanish retail giant Inditex reported a first quarter net profit of 421 million euros ($512.74 million) on Wednesday, beating analysts' expectations but still a third below pre-pandemic levels in the same February-April period.

Spanish retailer Inditex books 421 million euro profit in first quarter

Inditex, owner of brands including Zara, Bershka and Pull & Bear, will close all its stores in Venezuela in coming weeks as a deal between the retailer and its local partner Phoenix World Trade has come under review, a spokesperson for Phoenix World Trade said.

Zara owner Inditex to close all stores in Venezuela, local partner says

V.F.

A group of religious and socially conscious investors and other funds are ramping up pressure on Western companies over alleged human rights abuses in China's Xinjiang region, highlighting the challenges for brands trying to maintain their business ties amid rising tensions.

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