December 7, 2012

Inditex outlook for the next quarter

A few days ago, Zara, the Inditex Group’s fashion retailer, opened a flagship store featuring its revamped image  in London's city centre. What’s more, the new Oxford Street store is Inditex’s 6000th outlet. The revamped store image is based on four guiding principles: beauty, clarity, functionality and sustainability. Simplicity is the byword throughout the store as part of Zara's mission to bring customers into direct contact with fashion.
These news about new store openings added to the resulting increase in commercial area have deemed an increase in sales.
Several websites have published about these estimations:
Intereconomia news (spanish)
Cotizalia news (spanish)
What they come to say is that it is expected an increase of 18%, more or less, in the third fiscal quarter over the same period last year.




Inditex will present the results for the first nine months of its fiscal year on Wednesday 12 (Dec/12/2012), before the opening of markets.



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