Zara parent Inditex’s shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty
Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex ...
Inditex Sales, Profits Surge in 2024 as Fashion Giant Sharpens Operations
Sales at constant exchange rose 10.5 percent in 2024, beating analysts' expectations, while profits hit historic highs at the ...
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Inditex Faces Emission Challenges Amid Increased Air Freight
Inditex's transport emissions increased by 10% due to a rise in air freight from Asia to Spain, as container route changes ...
Inditex price target lowered to EUR 50 from EUR 52 at JPMorgan
JPMorgan lowered the firm’s price target on Inditex (IDEXY) to EUR 50 from EUR 52 and keeps an Overweight rating on the shares.Light Up your ...
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Inditex posts record €7.6 billion profit amid sales surge
Spanish fashion giant Inditex, the parent company of Zara, reported pre-tax earnings of €7.6 billion ($8.2 billion) for the year — an increase from €6.87 billion the previous year — fuelled primarily ...
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Inditex's Emissions Soar as Air Freight Rises
Inditex's transport emissions rose by 10% in 2024 due to increased air freight use. Redirected shipping routes due to ...
Inditex price target lowered to EUR 50 from EUR 52 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Inditex (IDEXY) to EUR 50 from EUR 52 and keeps a Hold rating on the shares.Light Up your ...
Zara Parent Inditex Sales Growth Slows Amid Intense Competition
The owner of fashion brand Zara said store and online sales rose 4% at constant currency compared with the prior-year period.