Inditex Group news and archive

Inditex Group reports 11 percent rise in Q1 sales

REPORT_ The Inditex Group sales in local currencies grew by 11 percent in the first quarter of 2014, demonstrating a strong operating performance. Reported sales affected by currency impact reached 3.7 billion euros (Rs 29,655 crores), up 4 percent year-on-year. Net income amounted to 406 million euros (Rs 3,258.4 crores), compared to 438...

Apparel

Zara zooms into Delhi

Fast fashion retailer Zara opened its first outlet in India at Select Citywalk Mall, Delhi, on May 28. The store is spread over an area of 16,000 sq. ft. Zara is the flagship chain store of the Inditex Group. The brand needs just two weeks to develop a new product and get it to stores, compared to a six-month industry average. It launches around...