sector: Cyclical Consumer Goods & Services ·
industry: Retail - Apparel & Accessories ·
As of
4:44pm IST
42.00EUR
Industria de Diseno Textil SA (Inditex SA) is a Spain-based company primarily engaged in the textile industry. The Company’s core activities include manufacture, commercialization and distribution of fashion items, mainly clothing, footwear accessories and household textile products. Inditex SA is a parent company of Grupo Inditex, which is basically comprised of its major subsidiaries: Zara Espana SA, Oysho Espana SA, Grupo Massimo Dutti SA and Pull & Bear Espana SA, among others. Grupo Inditex’s principal activity includes retail distribution of the products through commercial stores managed by eight business formats: Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterque. The major shareholder of the Company is Gartler SL, which holds 50.01% of its stake. As of December 31, 2008, Industria de Diseno Textil SA operates 4,264 stores in 73 countries with the presence in Europe, Asia, the Americas and Africa.
BRIEF: For the six months ended 31 July 2009, Inditex SA's total revenue increased 7% to EUR4.86B. Net income for the period decreased 8% to EUR374.8M. Total revenue reflects an increase in demand for the Company's products and services. Net income for the period was offset by significantly lower financial income, as well as an increase in labor expenses, operating expenses, and expenses on sale of assets.
Industria de Diseno Textil, S.A.
Avenida de la Diputacion
Arteixo ACR 15142
P: +34981.185400
F: +34981.185365