News: Industria de Diseno Textil SA (ITX.MC)
30 Mar 2015
Wed, Mar 18 2015
LA CORUNA, Spain - Spanish group Inditex , owner of the Zara fashion chain, expects to trim investment in 2015 after a recovery in its biggest European markets alongside a store and online expansion boosted profit by five percent. | Video
* Says will provide free delivery in Spain for its Zara brand for online orders above 30 euros ($32) from next month. The total Spanish market is worth around a fifth of the company's sales Source text for Eikon: Further company coverage: ($1 = 0.9424 euros) (Reporting By Sarah Morris; Editing by Paul Day)
LA CORUNA, Spain, March 18 - Spanish group Inditex , owner of the Zara fashion chain, expects to trim investment in 2015 after a recovery in its biggest European markets alongside a store and online expansion boosted profit by five percent.
PARIS, March 18 - European stocks rose in early trade on Wednesday, led by a rally in shares of Spanish fashion giant Inditex after it reported a rise in 2014 results, while investors awaited the U.S. Federal Reserve's policy statement.
* Says it is not expecting huge infrastructure investments in the coming 3 years
PARIS, March 18 - European stocks rose in early trade on Wednesday, bouncing after the previous session's pull-back, led by a rally in Inditex shares after the Spanish fashion giant reported a rise in 2014 profit.
* Shares rise 2.1 percent to 28.75 euros per share at 0803 GMT after reporting full-year results Source text for Eikon: Further company coverage: (Reporting By Paul Day; Editing by Elisabeth O'Leary)
* Says capex in 2015 to be around 1.35 billion euros ($1.43 billion)
MADRID/LA CORUNA, March 18 - Spanish fashion giant Inditex posted a 5 percent rise in 2014 profit to 2.5 billion euros ($2.65 billion) on Wednesday, as an economic recovery fed customer appetite for fashion in its biggest European markets and negative exchange rate pressure faded.
MADRID/STOCKHOLM/BERLIN, March 16 - The families behind Zara-owner Inditex and H&M will need to fend off fast-moving competitors if they are to replicate online the winning formulae that made them the world's top two fashion retailers.