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Inditex profit falls

Posted:
14 December 2009 09:53

Spanish fashion group Inditex said profits fell 1% in the nine months to October 31st to Eu831 million. Total sales at the group, which owns the Zara, Massimo Dutti, Bershka and Pull and Bear chains, increased by 6% to Eu7.8 billion over the period, with sales in local currencies up ...read more

Aurora Fashions appoints new chief exec and predicts sunny future

Posted:
05 October 2009 09:31

Aurora Fashions has reported sales ahead of forecasts over the last six months and named Mike Shearwood as its new chief executive. The group, which owns Karen Millen, Warehouse, Coast and Oasis, is owned by Icelandic Kaupthing Bank and the former management of Mosaic Fashions, which went into administration in ...read more

Inditex profit plummets

Posted:
11 June 2009 09:33

Inditex SA, the owner of Zara, has reported its steepest quarterly profit fall in five years, with net income down by 16% to Eu184 million in the three months to April. Net sales increased by 8% in local currencies over the period as the group opened more than 400 new ...read more

Inditex continues to outperform market

Posted:
27 March 2009 09:22

Spanish fashion giant Inditex, which operates brands including Zara, Massimo Dutti and Berksha, has again outperformed the market despite the inclement economic conditions. The fashion house reported a 12% increase in like-for-like sales, with net sales in the year to January 31st of Eu10.4 billion and gross profit up by ...read more

Profits rise at Inditex

Posted:
18 September 2008 09:09

Zara-owner Inditex has announced a strong first half trading statement, with sales up 14% to €4.5 billion and net profit up 7% to €406 million. EBITDA [earnings before interest tax, debt and amortisation] increased by 7% to €822 million. During the period, the group opened in two new markets; Ukraine and ...read more

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