News: Industria de Diseno Textil SA (ITX.MC)

ITX.MC on Madrid SE C.A.T.S.

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Thu, Sep 25 2014

UPDATE 1-China, Spain sign business deals worth $4 bln

* Spain's PM Rajoy in China to drum up support for Spanish economy

Inditex margins and profits hit in overseas markets

MADRID - Zara owner Inditex suffered a worse-than-expected fall in its second quarter margins as trading in its lucrative overseas markets turned tougher.

UPDATE 2-Inditex margins and profits hit in overseas markets

* Net profit down 2.4 pct, shallower than expected (Recasts lede, adds comments from conference call)

Spain's Inditex sees stable gross margin for second half

MADRID, Sept 17 - Zara owner Inditex's gross margin will remain stable in the second half of this year, Chairman and Chief Executive Pablo Isla said on Wednesday during a conference call on the company's first half results.

Shares in Spain's Inditex open up 1.2 pct after first half results

MADRID, Sept 17 - Shares in Spanish retailer Inditex rose 1.2 percent at the market open on Wednesday after the company reported a better-than-expected drop in net profit in the first half.

Inditex posts 2.4 percent fall in H1 profit, currency effect eases

MADRID, Sept 17 - Zara owner Inditex posted a shallower-than-expected 2.4 percent year-on-year fall in first-half net profit on Wednesday as negative currency effects eased and said sales for the start of the third quarter rose 10 percent.

Fashion chain Zara withdraws t-shirt likened to concentration camp uniform

MADRID - Global fashion chain Zara, owned by Spain's Inditex, pulled from sale on Wednesday a striped children's top decorated with a large six-pointed star after it was likened to uniforms worn by Jewish concentration camp inmates in Nazi Germany.

Fashion chain Zara withdraws t-shirt likened to concentration camp uniform

MADRID, Aug 27 - Global fashion chain Zara, owned by Spain's Inditex, pulled from sale on Wednesday a striped children's top decorated with a large six-pointed star after it was likened to uniforms worn by Jewish concentration camp inmates in Nazi Germany.

H&M launches Spain online shop to challenge Zara on home turf

MADRID, Aug 21 - Swedish fashion retailer H&M is launching a Spanish online store, adding to the competition faced in its home market by Spain's Zara chain, owned by Inditex.

CORRECTED-Inditex takes low-cost brand Lefties to Russia

(Corrects headline to remove reference to Primark and H&M; corrects date from Aug 11; )

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