Arab Today, arab today european recovery helps profits at zara owner inditex climb 5
Last Updated : GMT 17:46:59
Arab Today, arab today
Arab Today, arab today

European recovery helps profits at Zara owner Inditex climb 5%

Arab Today, arab today

Arab Today, arab today European recovery helps profits at Zara owner Inditex climb 5%

Clothing giant Inditex, owner of the Zara brand
Arteixo - AFP

Clothing giant Inditex, owner of the Zara brand, said Wednesday its profits rose five percent last business year, driven by recovery in its key European markets.
The rise brought its net profit to 2.5 billion euros ($2.65 billion), the group said in an earnings statement on its 2013-2014 financial year ending in January.
It said net sales rose eight percent to 18.12 billion euros. Inditex is the biggest clothing firm in the world by sales.
Europe accounts for two thirds of Inditex's sales but it is expanding worldwide.
It opened 343 new stores in 2014 including in Shanghai and Miami, bringing the total to 6,683 stores worldwide include high street brands such as Massimo Dutti and Bershka.
It said it hired more than 8,700 new staff last year, including 1,800 in its home market and logistic base Spain, which is gradually recovering from an economic crisis.
"We continue to see huge growth opportunities in both western and eastern Europe," said its chief executive Pablo Isla.
"We believe that Inditex is in an excellent position to take advantage of global growth opportunities," he told a news conference Wednesday at Inditex's headquarters in northwestern Spain.
The company said it planned to further expand this year by opening up to 480 new high street shops, including a flagship store in New York's SoHo district and one in London's Oxford Street.
Inditex shares were 2.31 percent higher in mid-morning trading Wednesday on the Madrid stock exchange, whose key index was slightly down overall.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european recovery helps profits at zara owner inditex climb 5 Arab Today, arab today european recovery helps profits at zara owner inditex climb 5

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday