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Inditex crece compressor 1

Spanish economy 14th April 2020

Inditex Postpones Temporary Layoffs; Will Continue To Support All Staff Remuneration With Its Own Resources

Inditex has decided to postpone its temporary layoffs’ plan, which was expected to start on 15 April. For the time being, it will continue paying the salaries of its workers in Spain. After the state of alarm was decreed on 14 March and just after presenting its results, Inditex already flagged that it was going to cover the cost of all its staff in Spain. At the same time, it conditioned the temporary layoffs for its 25,000 store employees to the extension of the decree beyond 15 April, a measure which is now ruled out.

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Ibex, Markets 18th March 2020

Inditex Earns 6% More In 2019: Provision Of €287 M For Covid-19 And Delay In Dividend

Inditex recorded net income of 3.63 billion euros in the fiscal year 2019-2020 (from 1 February 2019 to 31 January 2020), a rise of 6% compared to a year earlier. This was after making a 287 million euros provision in the Gross Margin to adjust the estimated value of the spring/summer campaign’s inventory affected by the Covid pandemic. Without this impact, its Gross Margin would have amounted to 16.09 billion euros, 56.9% of sales.

inditex zara

Companies, Ibex 4th December 2019

Inditex: less promotional than 2018

BOfAML | We see a lower percentage of SKUs on discount in November compared to November 2018, which reflects a less aggressive discounting strategy by Zara in 2019, in our view.

Inditex

Ibex 11th May 2019

Shorts in Inditex: it has reached its point of maturity

Morgan Stanley | One of the main calls of our retail analyst Geoff Ruddell (and outside the consensus) is to short Inditex. There is no doubt that Inditex is a high quality and well-managed business with an impressive track record. However, this is all already in the price and with stores in countries which represent 95% of global GDP, it has already reached its maturity point and its capacity for…

Inditex's first store in the world with an integrated online section in Stratford (London).

Ibex 26th April 2019

Only 20% of Inditex profits come from outside Europe

Morgan Stanley | Spanish group Inditex has published for the first time numbers by region and data which show that it is extending the useful life of its assets, increasing the capitalisation of its IT spending and reducing provisions.