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 Resto. Its other brands conists 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.
Industria de Diseno Textil SA stock price
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About Industria de Diseno Textil SA
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Industria de Diseno Textil SA dividends
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After logging the lowest levels recorded since 2003, the Spanish benchmark index IBEX35 recovered nearly 40% of losses in June. However, the rebound has proved to be unsustainable so far, with IBEX35 rotating lower again on slower-than-planned recovery. Fundamental analysis: Slower recovery EU-harmonised consumer prices in Spain slipped by 0.6% year-over-year in September, according to flash data provided by the National Statistics Institut...
Inditex (BME: ITX), the mother company of Zara, Bershka, and Massimo Dutti, returned to a quarterly profit from May through July, in spite of a 31% sales decline due to coronavirus lockdown measures. Fundamental analysis: Sales rebound Inditex said that 98% of its stores had reopened and pointed out that there are signs of progress as its online sales are growing rapidly and store sales are recuperating. The Spain-based giant said its quart...
Inditex (BME: ITX) said on Wednesday that its sales in the period from May to July came in 31% lower as Coronavirus continues to hinder customers’ return to its stores. Despite a dovish stance on sales, however, Inditex still returned to profit during these three months. Its competitor, H&M, also published its quarterly financial report earlier this week. Inditex was reported trading about 3% up in premarket trading on Wednesday. Shares of th...
Inditex (BME: ITX) said on Wednesday that it swung to a loss in the first quarter as the Coronavirus pandemic forced its shops into temporarily closing in recent months. The company also revealed a £2.4 billion plan aimed at increasing its focus on online sales and bigger stores that pushed the shares of the company up by more than 4% on market open after declining by over 2% in premarket trading on Wednesday. At £23.38 per share, the Spanish...