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

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Textiles | On 26th Apr 2017

Shima Seiki releases Shima KnitPLM software

Shima Seiki Mfg., leading Japanese computerised flat knitting machine ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kai Poehler
Voith Paper GmbH & Co. KG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

April 2017

April 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