|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||20.60|
|Earnings date||14 Dec 2022|
|Forward dividend & yield||0.63 (2.54%)|
|Ex-dividend date||31 Oct 2022|
|1y target est||27.54|
About 1,000 shop assistants who work at Zara and other fashion brands owned by Inditex went on strike on Friday in the company's home town in northern Spain to demand better salaries, two union leaders said. The shopworkers - most of whom are women - gathered early in the morning outside the 44 Inditex stores in A Coruña, where the fashion giant has its headquarters on the city's outskirts. "About 95% of Inditex shop assistants in A Coruña are protesting on the streets today," said Carmiña Naveiro, a Zara retail assistant and leader at regional union CIG, which had called the strike.
Dozens of Zara shop assistants protested in Madrid on Thursday outside the global fashion giant's largest store to demand higher pay, and some workers in its home town in northwest Spain went on strike on the eve of its Black Friday sales campaign. Zara owner Inditex agreed last week to pay a one-off bonus of 1,000 euros ($1,041) to all full-time shop workers in Spain in February, according to unions that are seeking better wages for their members in the face of galloping inflation. Inditex has also offered to gradually raise monthly wages by around 200 euros by 2024, a proposal accepted by two of Spain's largest union groups, UGT and Comisiones Obreras, but rejected by the protesters who are demanding at least double that.
A union group representing shop assistants at fashion retailer Zara has called a two-day strike over pay next week in the 44 stores in the company's home town of A Coruna in northern Spain, a union leader said on Thursday. The strike, called by regional union group CIG, will take place during the "Black Friday" sales on Nov. 24 and Nov. 25, CIG union leader and Zara retail assistant Carmiña Naveiro said. CIG represents most of the 1,000 shop assistants who work for Zara in A Coruna.