ITX.MC - Industria de Diseño Textil, S.A.
| Previous close | 29.61 |
| Open | 29.58 |
| Bid | 29.54 x 342600 |
| Ask | 29.89 x 122100 |
| Day's range | 29.52 - 29.90 |
| 52-week range | 23.00 - 35.16 |
| Volume | 2,361,926 |
| Avg. volume | 10,662,722 |
| Market cap | 92.819B |
| Beta | 0.70 |
| PE ratio (TTM) | 27.45 |
| EPS (TTM) | 1.09 |
| Earnings date | 12 Sep 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 31.01 |
- Bloomberg•17 hours 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.
- Forbes•yesterday
What Melania Wearing Zara Tells Us About Today's Consumer
Earlier today, first lady Melania Trump visited migrant children near the Texas-Mexico border wearing a jacket with large letters on the back that said, “I REALLY DON’T CARE, DO U?” Being among our least voluble first ladies in memory, any statement from her of any kind gets a lot of attention. Here’s a woman who can wear any clothes in the world she wants and today she chose this one. No doubt she considered that visiting indigent children is better accomplished in less expensive clothing but there’s many other choices she could have made.
- Reuters•8 days 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.
Reuters•8 days agoZara 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.
- Reuters - UK Focus•8 days ago
FOCUS-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 Journal•9 days 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.
- Bloomberg•9 days 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)
Reuters•9 days agoInditex, 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.
- Reuters - UK Focus•9 days 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 ended up 0.2 percent while Germany's DAX added 0.4 percent and Britain's FTSE 100 ended flat. Just Eat fell 4.7 percent as investors priced in heightened competition after rival Deliveroo said it would let restaurants use their own riders for orders placed through its app.
- Reuters•10 days 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.
- Reuters - UK Focus•10 days ago
LIVE MARKETS-Morning snapshot: it's mixed as big central bank week gets underway
June 13 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...
- Bloomberg•10 days 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.
- Bloomberg•10 days ago
Inditex Falls as Sales Miss Outweighs Margin Beat: Street Wrap
Inditex SA reported mixed results, as first-quarter sales missed expectations while a gross margin beat provided some relief for investors. The revenue miss was probably due to unseasonal weather causing weakness at the end of the quarter, according to Berenberg. The company said in a call with analysts it will not change its gross margin guidance for the year.
- Reuters•10 days 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. ...
- Reuters - UK Focus•10 days 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 ...
- Reuters - UK Focus•10 days ago
LIVE MARKETS-What's on the radar for the European open
June 13 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...
- Reuters - UK Focus•10 days ago
LIVE MARKETS-Corporate news in focus: Inditex, WPP, Glencore
June 13 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...
- Bloomberg•10 days ago
Zara Goes High-Tech in Race With Amazon
Inditex SA is benefiting as the owner of the Zara clothing chain adds more technologies to improve efficiency at online and brick-and-mortar operations even while Amazon.com Inc. keeps barreling into the fashion aisle. Inditex has rolled out a wave of new technology at select Zara stores around the globe in recent months, including hologram displays of clothes and robot arms, as it moves to erase the lines between online and in-store operations. Swedish rival Hennes & Mauritz AB has been struggling to revive sales growth as fashion mistakes and increasing competition have led to a record level of inventory of more than $4 billion.
- Reuters•16 days 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.
- Forbes•16 days ago
The World's Largest Apparel Companies 2018: Christian Dior, Inditex And Nike Continue To Dominate
Storied French fashion empire Christian Dior, which first opened its doors in 1947 in the heart of post-war Paris, easily remains the planet's largest retailer focused on clothing, shoes and accessories, according to Forbes' Global 2000 list. The fashion house benefits from a 41% stake in LVMH, the French luxury empire that owns 70 brands including Louis Vuitton, Dom Pérignon and Sephora. LVMH, which is run by French billionaire Bernard Arnault (net worth: $86 billion), in turn wholly owns Christian Dior.
- Reuters•23 days 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.
- Reuters - UK Focus•last month
LIVE MARKETS-Are the culprits of Spain's underperformance becoming good bets?
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market ...
Reuters•last monthH&M scouts out potential suppliers in South Africa
H&M (HMb.ST) is looking at South Africa as a potential supplier, with executives from the world's second largest clothing retailer visiting some of the country's main cities this week. South Africa’s government helped to broker the H&M visit as part of efforts to boost the textile sector which has been hit hard by Chinese clothing imports that led to factory closures and thousands of job losses. H&M apologised for the ad and removed it from its marketing.