Spanish retailer Inditex's sales soar 7.2% in H1 FY24

Sep 11, 2024 · Spain's Inditex reported a 7.2 per cent sales growth in H1 FY24, reaching €18.1 billion (~$19.98 billion). The company's gross profit rose 7.5 per cent to €10.5 billion, with a …

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Spanish Retailer Inditex's Sales Soar 7.2% In H1 FY24

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INDITEX | Interim Half Year 2024 Results

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Sep 11, 2024 · Sales were positive in all concepts. Sales in constant currency grew 10.2%. In 1H2024, openings have been carried out in 34 markets. At the end of the period Inditex …

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Inditex Reports 10.1% Increase In Net Income For H1 2024

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Sep 11, 2024 · Inditex, the parent company of Zara, has reported a 10.1% increase in net income, reaching €2.8bn ($3.08bn) in the first half (H1) of 2024. Sales during the period rose by 7.2% …

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Inditex Outlines Investments On H1 Profit Surge - Yahoo Finance

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Sep 11, 2024 · Inditex H1 numbers in brief & outlook. Sales grew 7.2%, to reach €18.1bn. ... At current exchange rates Inditex warns of a 3% negative impact on sales in 2024. The Spanish …

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Sales Of The Spanish Company Inditex Increase 7.1% Year-on-year …

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Dec 14, 2024 · Spanish clothing multinational Inditex's sales grew 7.1% year-over-year (YoY) to reach €27.4 billion (~$29.044 million) in the nine-month period (9M) of 2024 ended 31 …

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Inditex Has Reported Rising Profits And Sales As Collections Prove A ...

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Sep 11, 2024 · Total sales during the first half were up 7.2% to reach €18.1bn (£15.3bn) with “very satisfactory development” both in stores and online. Zara and Zara Home posted the …

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Inditex H1 Sales Rise By 7.2% To €18bn Amid ‘well Received’ …

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Sep 11, 2024 · Inditex H1 sales rise by 7.2% to €18bn amid ‘well received’ collections During the period, Inditex’s net cash position also grew 3.5% to €10.9bn (£9.2bn) compared to the same …

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Spain's Inditex Fashion Giant, Owner Of Unstoppable Zara Brand, …

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Mar 19, 2024 · The brand ended the last fiscal year with sales of 26.050 billion euros, 10% more than the previous year, making up 72% of the group's total sales. This year, Inditex plans to …

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Spain's Inditex's Sales Rise 7.1% YoY To $29 Bn In 9M 2024

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Dec 11, 2024 · Spanish multinational clothing company Inditex’s sales grew 7.1 per cent year-over-year (YoY) to reach €27.4 billion (~$29.044 billion) in the nine-month period (9M) of 2024 …

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Fibre2Fashion On LinkedIn: Spanish Retailer Inditex's Sales Soar …

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Spain’s Inditex reported a 7.2 per cent sales growth in H1 FY24, reaching €18.1 billion (~$19.98 billion). The company’s gross profit rose 7.5 per cent to €10.5 billion, with a 58.3 per ...

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Spanish Retailer Inditex’s Sales Soar 7.2% In H1 FY24 – Texadviser

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Spanish retailer Inditex’s sales soar 7.2% in H1 FY24; Spanish retailer Inditex’s sales soar 7.2% in H1 FY24 ...

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Inditex's Net Income Rises 40% To €2,513 M In First Half Of Fiscal …

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5 days ago · Sales grew by 13.5% to. Inditex's (ITX) net income rose 40% in the first half of the fiscal year (from 1 February 2023 to 31 July 2023), to €2,513 million. Sales grew by 13.5% to …

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Inditex: Record Sales With 11% Fewer Shops | The Corner

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Dec 17, 2024 · Inditex expects online sales to exceed 25% of total sales by 2021,” the company said. Gross margin stood at 11.409 billion euros, up 40% compared to the same period of …

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FAQs about Spanish retailer Inditex's sales soar 7.2% in H1 FY24 Coupon?

How did Inditex perform in 1h2024?

Inditex continues to roll out its global sales platform. Store and online sales by geographical area are shown in the table below. In 1H2024, the execution of the business model was very strong. Gross profit increased 7.5% to €10.5 billion. The gross margin reached 58.3% (+19 bps). All expense lines have shown a favourable evolution. ...

Why did Inditex increase sales?

The increase in sales was not due to price hikes, Inditex chief executive officer Óscar García Maceiras emphasized, but upping the number of items the Spanish retailer moved through its sales channels in the period. More from WWD ...

Does Inditex outlines investments on H1 profit surge?

"Inditex outlines investments on H1 profit surge" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. ...

How will Inditex's Currency impact sales in 2024?

At current exchange rates, Inditex expects a -3.0% currency impact on sales in 2024. In 2024, Inditex expects a stable gross margin (+/-50 bps). For 2024, we are making investments that are scaling our capabilities, generating efficiencies, and increasing our competitive differentiation to the next level. ...

How has Inditex optimisation impacted Zara's omnichannel experience?

“Inditex continues its store optimisation, championing a blended omnichannel experience by integrating digital features such as self-checkouts, automated online collection points and its Store Mode on the Zara mobile app. ...

How does Inditex continue to grow?

Net income increased 10.1% to €2.8bn. Inditex says it continues to see strong growth opportunities. Among its priorities are to continually improve the fashion proposition, to enhance the customer experience, to increase focus on sustainability and to preserve the talent and commitment of its workforce. ...