Publicación de Inditex

ITX Zara 28% dividend to 1,54 € per share after record gain in 2023 of 5,4 bn € (closing gap to be in the top 10 biggest companies in europe at number 11 with market cap 134 bn €)

Inditex has reported an 11.1% year-on-year increase in sales to €25.6bn (£22.04bn) between February and November 2023. The #fashion group, which includes Zara, PULL&BEAR, Massimo Dutti, Oysho, Bershka and Stradivarius also opened new stores in 36 markets. Inditex also announced that its autumn/winter collections have been “very well received” by customers with #ecommerce and offline sales up 14% versus the same period in 2022. meanwhile, competitor Gap posted a decline in sales in the third quarter, as Banana Republic and Athleta's sales fell 11% and 18% in the third quarter, while Old Navy, Gap's biggest brand, recorded a 1% decline. Gap, once a sought-after #apparel maker, has taken a hit from shoppers turning to rivals like SHEIN for newer styles, or Marcella New York for more sustainable products. The US #retailer - like Walmart and Target - has struck a cautious tone heading in to the all-important #holidayshopping season as consumers tighten spending on non-essential items. #retail #fashion

Inditex, the Spanish owner of Zara, showcased strong performance in FY23 amid a tough global market   🔎 Results from FY23 • Net sales surged 10% to €35.9 billion • Online sales jumped 16% to €9.1 billion • Net income rose 30% to a robust €5.4 billion   The company successfully integrates physical and digital retail, enhancing customer experiences with advanced in-store technology and efficient online services.   Despite a slight reduction in store count, Inditex expanded its commercial space and plans to invest €1.8 billion in technology and logistics in 2024.   The brand continues to target upscale markets, differentiating itself from fast-fashion competitors and preparing to launch new livestream shopping events in the US and UK. Want more retail insights and visualisations like this? 🔗 Click here: https://lnkd.in/d-z25aM #RetailInsight #Sankey #RetailEconomics #FY23 #FY23Results #Zara #Retail #RetailResults #Fashion #Inditex #Retail #FinancialYear2023

#Brand Inditex, short for Industria de Diseño Textil Sociedad Anónima, is a Spanish multinational company and one of the world's largest fashion retailers. It was founded by Amancio Ortega Gaona in 1985 in Arteijo, a small town in Spain. The company's headquarters are still located in Arteijo. Inditex's flagship brand is Zara, which is renowned for its fast fashion approach. The company's success is built on its ability to quickly respond to the latest fashion trends and deliver new products to its stores in a matter of weeks. This fast turnaround time from design to retail shelves has set Inditex apart in the fashion industry. The growth of Inditex can be attributed to its innovative business model, efficient supply chain management, and a focus on customer preferences. The company expanded rapidly, opening stores not only in Spain but also in other European countries. Zara's success in offering affordable yet stylish clothing resonated with consumers, leading to a strong and loyal customer base. Over the years, Inditex has acquired several other fashion brands, diversifying its portfolio. Some of its well-known brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque, among others. One of the key strategies that contributed to Inditex's success is its vertically integrated business model. The company controls most aspects of its supply chain, from design and production to distribution and retail. This vertical integration allows Inditex to respond quickly to changing market demands and maintain high levels of quality control.

What if SHEIN was bigger than Inditex's Zara brand in Spain? This could happen in three years' time given their current growth trajectory!  Insights based on the real behavioral data of over 11m Spanish consumers and over 7m transactions across 337 retailers show that based on current trends, Shein is poised to become the biggest fashion brand in Spain sooner rather than later. Download our report 'Discovering the Shein Effect In Spain' today. https://lnkd.in/ev84yg-q #retail #ecommerce #apparel #fashionindustry #spain #customerexperience

WHAT IF THE STRATEGY FOR eCOM WOULD BE DIFFERENT THAN THE REST? This outstanding article by Marta Godoy Pérez at Business Insider reflects the changes that happened on the eCommerce following a clear investment in image capacity. Now Zara's picture production is almost impossible to match by any of it's rivals including UNIQLO H&M or MANGO... in both quality and quantity, capturing more and more time from it's customers and differentiating from the numerical approach using AI by companies like SHEIN ========== #ecommerce #UXUI #conversion #fashion

Stellar set of results by Inditex this morning, and thanks to BBC News for asking me to appear this morning live to discuss these. Key highlights: - Sales up at an inflation busting 11.1% to €25.6bn - still ahead of Shein at €21.3bn, though Shein are closing the gap fast. Sales growth driven by strong demand for their Autumn/Winter collections. - Gross profit grew 12.3%, with gross margin now 59% - high for a fast fashion retailer and shows tight cost control across the supply chain. - EBITDA up 13.9% to €7.4bn - the most important metric; again highlighting careful cost management and pricing. - Key initiatives include a commitment to sustainability and an elevation of the in-store experience. The sustainability commitment certainly differentiates them from some of their other, lower cost fashion peers! On track to achieve their net zero emissions target by 2040, apparently. An improvement in the in-store experience includes a new store design rolling out across multiple markets. Improved customer experience in store will further drive online 'halo' too. - Still significant growth potential given they trade across 213 markets, but have low market shares in some of them. Zara represents c.70% of Inditex sales, so significant scope for growth of other brands in both new and existing markets. #inditex #zara #bbcnews #retail #jdmretail

Are they still really playing in the same league? figures below give a different indication ⬇️ 🔵Revenue in 2006 was 6,7B€ for H&M and 8,2B€ for Inditex (22% difference) 🔴Revenue in 2022 was 18,8B€ for #HM and 32,6B€ for Inditex (73% difference) 🔵EBIT in 2022 was 0,6B€ for H&M and 4B€ for Inditex…. What did happen since 2000’s when they were approximately equal?… 🔵#Inditex started much earlier to diversify its internal brand portfolio besides #Zara 🔴Inditex invested heavily in tech to create an agile supply chain model and a strong #omnichannel platform 🔵Inditex chosen already long time ago to use more nearshoring sourcing (Spain/North Africa..)to reduce its leadtime (therefore the risk associated to long leadtime) 🔴H&M got stuck in the #fastfashion trafic with new and more price aggressive players (Shein, Primark..), Inditex manages to raise its image perception and its prices to get away of the ultra fast fashion segment