Inditex SA

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SPAIN: Inditex FY Net Profit Climbs To EUR446.5m | 25 Mar 04

Fashion retailer Inditex SA has posted a two per cent increase in full-year net profit to EUR446.5 million for 2003, compared with EUR438m in the previous year.

Fashion forecasting tools | 1 Mar 04

The latest and greatest technology tools promise to boost forecasting reliability and accuracy in shortened lifecycles, competitive selling environments and more comprehensive style and colour offerings. Some vendors also focus on helping the retailer better understand consumer moods, emotions and buying patterns…years in advance.

MEXICO: Spain's Inditex Signs Manufacturing Agreements | 25 Feb 04

Spanish clothing company Inditex has signed an agreement with Mexican textiles group Kaltex to produce garments for the domestic Mexican market.

Indian retail extravaganza draws global audience | 18 Feb 04

Representatives from some of India's largest retail, textile and apparel companies gathered in New Delhi last week. Robust GDP growth, stronger currency reserves and ever-improving market and operating environments are propelling the Indian market through a period of stellar growth - and the retail community is responding with newer formats and innovative products.

SPAIN: Zara To Open First Hong Kong Outlet – Newspaper | 9 Feb 04

Fashion retailer Inditex SA is to open its first Zara store in Hong Kong, La Gaceta de los Negocios has reported.

Market slowdown for designerwear | 6 Feb 04

After years of excellent growth, designer fashion houses worldwide are now feeling the pressures of tough economic times and global uncertainty. The Iraq conflict, economic downturns, a weaker dollar, a stronger euro and stock market declines have made consumers unconfident about spending, especially on discretionary items like clothing.

SPAIN: Inditex Posts 4% Nine-Month Profit Rise | 12 Dec 03

Fashion retail group Inditex has posted a four per cent rise in profit for the first nine months of the year to EUR284.6 million, compared with 2002 figures.

Rich pickings for fast fashion | 10 Dec 03

Catwalk designs at high street prices - so-called fast fashion - is the success story of the European clothing market. Companies such as Hennes and Mauritz, Zara and Mango, the leaders in fast fashion, have all experienced fantastic growth since 1998 and continue to up the stakes in clothing retailing.

SPAIN: Inditex To Launch Maternity Wear Range? | 4 Dec 03

Apparel group Industria de Diseno Textil SA (Inditex) is preparing to launch a range of maternity wear, the Cinco Dias newspaper has reported.

Spanish retailers fight for the hot shops | 26 Nov 03

Saturation of the domestic market, coupled with the inability to compete in terms of price with clothing coming from Asia, has forced Spanish retailers like Inditex and Mango to focus on business growth in international markets. Here they have been able to take advantage of the weakness of their international competitors, writes José M Alarcón.

BANGLADESH: SQ Group Acquires Square's Knit Project | 10 Nov 03

In what is thought to be Bangladesh’s largest ever private sell-off, the Square Group has agreed to sell its Square Knit Fabrics and Square Fashions to SQ Group in a deal worth Tk1.95 billion (US$34 million).

SPAIN: Summer Heatwave Melts Inditex Sales | 5 Nov 03

Unseasonably hot weather has been blamed for a four per cent drop in third quarter sales from the year-ago period by Spanish fashion retailer Inditex.

SPAIN: Inditex To Invest EUR690m In 2004 | 31 Oct 03

Spanish fashion giant Inditex on Friday revealed it will increase its investments by 15 per cent to 690 million euros in 2004 from 600 million euros in the prior fiscal year.

SPAIN: Podium Hires New Managers From Inditex | 3 Oct 03

The Spanish fashion retailer Podium has named Inditex’s former international director Erwan Camphuis as its new general manager. Also joining from Inditex is Maria-Luisa Armario del Castillo who will head the team of designers. Set up in Barcelona in 1963 by Agustín Martínez, Podium has 16 shops located in Barcelona and Madrid selling Spanish and foreign labels as well as its own private collection.

SPAIN: Profit Up, Margins Down At Fashion Giant Inditex | 19 Sep 03

Shares in Spanish fashion giant Inditex plummeted up to 16 per cent on Friday after it posted a sharp rise in first half net profit but warned of declining margins in the second half.

SWEDEN: Fashion Giant Inditex Opens First Zara Store | 5 Sep 03

The head of Spanish fashion giant Inditex on Friday said he sees 2003 store openings at the top end of its forecast as it opened its first Zara store in Sweden.

SPAIN: Inditex MD Sells 513,000 Shares In Firm | 5 Sep 03

Spanish fashion group Inditex on Thursday said managing director Juan Carlos Rodriguez Cebrian had sold 513,270 shares in the owner of the Zara clothing chain.

UK: Zara's Fast Fashion Forms Workshop Focus | 2 Sep 03

An insight into Zara's key supply chain strategies will form the focus of a new workshop being organised by the Industry Forum later this month. ’Zara: Best Practice from a World Class Retailer’ aims to show how other retailers how can follow Zara's example and retain market share, increase profits and keep today's unpredictable consumers satisfied.

MEXICO: Customs Chiefs Launch Probe Into Inditex Imports | 27 Aug 03

Spanish fashion giant Inditex on Wednesday denied claims it had failed to meet strict customs and labelling laws in Mexico after officials there launched an investigation into the origin of its shipments.

MEXICO: Swiss Firm To Verify Apparel, Shoe Imports | 8 Aug 03

Mexican trade chiefs on Thursday hired an independent company to verify the origin of imports including clothing and footwear shipments as part of a crackdown on smugglers.

Mastering the process of merchandising | 28 Jul 03

Retailers are increasingly besieged with claims about the benefits of new technologies and practices for buying, allocating, planning, replenishment, promotional planning, pricing and other key merchandising activities. This article scrapes away the hype about merchandise optimisation and looks at how retailers are boosting margins and inventory productivity by better predicting and meeting demand.

SPAIN: Garment, Textile Industry Posts EUR14bn FY Turnover | 25 Jul 03

Spanish textile chiefs on Friday said textile and clothing makers based in the Galician region of the country enjoyed a 21 per cent jump in combined turnover to 4.35 billion euros in 2002.

Streamlining the fashion supply chain | 14 Jul 03

It’s generally accepted that the goal of a streamlined supply chain is to reduce time to market. But this industry consensus is being challenged head on by a handful of innovators who believe instead that the focus should be on customer demand, first and last…and the reward is low inventory and a 15 point profit hike.

ITALY: Benetton To Axe Some UK Stores Amid Soft Sales | 14 Jul 03

Italian fashion group Benetton is set to axe several UK stores amid sluggish sales in a tough retail environment and fierce competition from rivals such as Zara and H&M.

EUROPE: Top Fashion Chains Face Tough 2003 Warn Experts | 1 Jul 03

Many of Europe's top fashion retailers face a difficult future with many unlikely to match last year's same-store sales growth amid lower consumer spending, US analysts said on Tuesday.

SPAIN: Inditex Q1 Profit Surges 23% On Strong Sales | 13 Jun 03

Spanish fashion giant Inditex SA, whose flagship brand is Zara, on Friday posted a 23 per cent jump in first quarter net profit from the year-ago period on the back of soaring sales at its huge retail network.

UK: ASBCI Conference Hears Future Challenges | 12 Jun 03

The fashion-led revival of UK high street giant Marks & Spencer and the future of world textiles were among the topics covered by a leading industry conference this week. Hundreds of delegates attended the event organised the Association of Suppliers to the British Clothing Industry (ASBCI) for a programme entitled Tomorrow's World - Meeting the Challenges.

Manufacturing in Mexico | 14 May 03

“Go West” used to be the advice given to those seeking to improve their prospects and make their fortunes. Now Cotton Council International (CCI) is urging European firms to follow that advice and head across the Atlantic to Mexico as a new source of quality casual cotton apparel products offering competitive cost advantages.

SPAIN: Inditex Unveils New $100m Distribution Centre | 9 May 03

Spanish fashion giant Inditex on Thursday unveiled its massive new $100 million distribution centre for its popular Zara clothing chain as it continues with the brand's ambitious expansion drive.

SPAIN: Zara To Sell Fashions In Larger Sizes | 7 May 03

Top Spanish fashion chain Zara on Wednesday revealed it will start selling larger size apparel at all its European stores this month following a rise in demand from larger ladies. The company had previously stopped production at size 42 in Europe (US10, UK12) but will now produce 10 to 20 per cent of its most costly clothes in European sizes 44 and 46 (US12/14, UK14/16).








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