Home / Knowledge / News / Apparel/Garments / Inditex Group sales up 11% in H1FY17
Inditex Group sales up 11% in H1FY17
23
Sep '16
Courtesy: Inditex
Courtesy: Inditex
Driven by positive growth in all geographical areas, net sales in the six months ended July 31, 2016 rose 11 per cent year on year to €10.47 billion at Inditex Group. In the same period, like for like sales grew 11 per cent, as against 7 per cent in the same period of the prior fiscal, while net profit climbed to €1.25 billion, up 8 per cent.
According to Inditex, there were 83 new stores openings in 38 countries across all its brands, which takes its overall store count to 7,096 with a presence in 92 countries, of which, 39 also have online stores.
Inditex chairman Pablo Isla said, "Both our online and bricks-and-mortar stores are seamlessly connected, driven by platforms such as mobile payment, and other technological initiatives that we will continue to develop.” (AR)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: EFI Reggiani

Textiles | On 6th Dec 2016

EFI Reggiani shows inkjet textile solutions at India ITME

EFI Reggiani, a leading technology provider of a full range of...

Textiles | On 6th Dec 2016

Demonetisation may increase formal sector share: Ind-Ra

Demonetisation coupled with the government’s resolve to promote the...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search