Home / Knowledge / News / Apparel/Garments / Net sales up 11% at Inditex in Q1 FY11'
Net sales up 11% at Inditex in Q1 FY11'
Jun '11
The net sales of the Inditex Group totalled 2,960 million euros in the first quarter 2011 (1 February to 30 April), 11% higher year-on-year. Sales growth in local currencies was 11%.

Net income reached 332 million euros, 10% more than in the first quarter of 2010. Gross profit rose 9% to 1,741 million euros, and the gross margin has reached 58.8% of sales.

Inditex opened 110 stores during the quarter, bringing the total store base to 5,154 at 30 April 2011. The new stores were opened in 29 different countries, providing a snapshot of the global growth potential of the Inditex Group's retail concepts.

The new stores include Zara's first store in Australia, increasing the number of countries where Inditex sells its products to 78. On June 15, the Group opened its second Australian store in Melbourne. Inditex also plans to inaugurate its first stores in South Africa, Taiwan and Peru before the end of the year.

Start of 2Q2011
Store sales in local currencies between 1 February and 12 June 2011 increased by 11%.

Inditex concepts launch their online sales
Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe plan to commence e-commerce operations from 6 September in selected European markets, joining Zara Home and Zara, already present in e-commerce.

Zara will begin e-commerce sales in US
E-commerce operations of Zara, currently present in 16 European countries, will begin in the US from 7 September 2011.

Inditex Group

Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Textiles | On 27th Jun 2017

Barcelona’s Unitin develops recycled Indigo yarns

Unitin, a trademark of Industrias Morera SA and a leading textile...

Information Technology | On 27th Jun 2017

ThreadSol to bring fabric solutions to Thailand

ThreadSol, an enterprise material management provider for the sewn...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search