Industria De Diseno Textil SA (IXD1.BE)
- Reuters
Workers at Inditex's Zaragoza logistics hub to get 12% pay rise
Around 1,800 workers at one of Zara owner Inditex's main logistics centres in Spain will get a direct pay increase totalling 12% over the next three years plus additional compensation under a preliminary deal unions said they had reached with the company. Inditex declined to comment on the preliminary deal reached on Wednesday. The Zaragoza logistics hub, which handles Zara women's clothing, is an increasingly important part of Inditex's supply strategy as shipping companies are forced to find alternative routes to Europe avoiding the Red Sea, with Spanish ports a gateway for shipments via Africa's Cape of Good Hope.
- Zacks
Industria de Diseno Textil (IDEXY) Upgraded to Buy: Here's What You Should Know
Industria de Diseno Textil (IDEXY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- Yahoo Finance UK
Trending tickers: WH Smith, Inditex, oil, bitcoin
The latest investor updates on stocks that are trending on Wednesday.
