Press releases
Inditex achieves net sales of 9,709 million euros, an increase of 10%
*At the end of the third quarter, the Inditex workforce totalled 106,251 employees, as the company created 9,678 jobs in the past 12 months
*Net openings in the first nine months totalled 358 stores,
for a total of 5,402 stores in 78 markets
*Store sales in local currencies climbed by 11% between
1 November and 11 December
Inditex’s net sales rise 12% to 6,209 million euros in the first half of 2011
* Net income totalled 717 million euros, year-on-year growth of 14%
* The Group opened 177 stores during the first six months of the year, bringing the total across its 78 markets to 5,221
* At the 1H11 close, Inditex had 103,201 employees, 9,225 more than a year earlier
* Zara is set to launch online shopping in Japan on 20 October
Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe about to launch e-commerce platforms
All Inditex Group fashion concepts will have online stores up and running from 6 September, which is when Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe are scheduled to launch their e-commerce operations. The online stores will go live simultaneously in 15 European markets. The countries which will offer online sales for one or more of these concepts are: Austria, Denmark, France, Germany, Ireland, Italy, Monaco, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the UK. Following in the footsteps of Zara and Zara Home, which launched their online shopping sites in 2010 and 2007, respectively, the concepts will progressively add more markets to their online platforms.
Bershka launches in Germany with an eco-efficient store in Berlin’s city centre
Fashion chain Bershka begins welcoming customers in Germany today with the opening of its first store in Berlin. The new Bershka, which spans two floors and lures shoppers with an imposing façade, is located on Tauentzienstraße, one of the busiest retail destinations in Berlin’s city centre. The shop, with a retail floor area of more than 1,500 m2, is one of the largest Bershka stores in the world.
Inditex acquires the property of the building housing a Zara store on Milan’s Corso Vittorio Emanuele II
Inditex has reached a deal to buy the company that owns the Milan building which houses a Zara store at Corso Vittorio Emanuele II, 11, one of Europe’s most upscale shopping streets. The property became the site of Zara's first store in Italy in April 2002, and is one of the fashion retailer's largest and most prominent stores in the world.
Inditex Annual General Meeting of Shareholders
* In his presentation to shareholders, Pablo Isla highlighted Inditex's efforts to make sustainability a cornerstone of all of its activities and announced that Inditex has signed on to the programmes Better Cotton Initiative and The CEO Water Mandate.
* The General Shareholders Meeting approved the company’s 2010 financial statements and the distribution of a dividend totalling 997 million euros. Inditex’s 2010 earnings illustrate that the company's strategy for multi-concept global growth continues, underpinned by the strength of its business model.
Inditex's net sales rose by 11% to 2,960 million euros in the first quarter of 2011
* As at 30 April 2011, the Group is present in 78 countries with 5,154 stores
* Massimo Dutti, Pull and Bear, Bershka, Stradivarius, Oysho and Uterqüe plan to launch their online stores from 6 September in selected European markets
* Zara plans to begin e-commerce sales in US from 7 September
Zara arrives in Australia with a flagship store on Sydney’s most prominent shopping street
The pedestrian Pitt Street, at the heart of Sydney’s financial district, from today is home to the first Zara in Australia. The flagship store consists of more than 1,400 square metres of retail space. The three-floor establishment faces busy Pitt Street, luring shoppers with a 22-metre façade and six display windows.
Cutting-edge design at the first Bershka store in Japan
Bershka today opened its first store in Japan, in a more than 1,000-square-meter location in Tokyo’s Shibuya district. Bershka's inaugural Japanese store blends the most cutting-edge audiovisual technologies with a design scheme specially created for this site.
Inditex’s FY2010 net sales rose to 12,527 million euros
• The Group’s workforce exceeds 100,000 employees, after Inditex created 7,837 new jobs in 2010.
• Inditex has more than 5,000 stores worldwide, after it opened 437 stores in 45 countries. The Group entered into three new markets, operating in a total of 77 countries.
• During the fall/winter season, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe will launch e-stores, while Zara Online, now available in 16 countries, will expand to another two markets: the United States and Japan.
• The Group’s net income totalled 1,732 million euros, 32% higher than in FY2009.
• The Board of Directors will propose to the General Shareholders Meeting a dividend increase of 33%, to a total of 1.60 euros per share.
• Store sales in local currencies climbed by 10% between 1 February 2011 and 14 March 2011.
Inditex acquires a 3,600 m2 store for Zara in the heart of Manhattan
Inditex has taken advantage of the rare opportunity to acquire 3,600 m2 of unique retail premises at 666 Fifth Avenue, between 52nd and 53rd Streets in New York City (United States), one of the major fashion shopping areas in the world.
Zara extends online sales to Denmark, Norway, Sweden, Monaco and Switzerland
Zara will extend its online store to customers in Denmark, Norway, Sweden, Monaco and Switzerland beginning on 3 March. The launches follow previous openings in 11 European countries: Germany, Austria, Belgium, Spain, France, the Netherlands, Ireland, Italy, Luxembourg, Portugal and the United Kingdom, and bring Zara Online to a total of 16 countries. The web store will also debut this year in two major e-commerce markets: the United States and Japan.
Amancio Ortega proposes Pablo Isla as Chairman of Inditex
Amancio Ortega, Chairman and Founder of Inditex, will propose to nominate Pablo Isla as Chairman of the Group on the occasion of the next Shareholder’s Meeting that will take place in July.