Industria de Diseno Textil SA (IDEXF.PK)
21 Mar 2018
* FY SALES 25.34 BILLION EUROS VERSUS 23.31 BILLION EUROS YEAR AGO
A CORUNA, Spain Zara, the fashion chain owned by the world's biggest clothing retailer Inditex , will introduce augmented reality displays from April, it said on Tuesday, in an effort to lure millennials into its stores.
* Says cautious on H2 performance (Add details, management comment)
LONDON, Feb 23 Shares in Zara fashion chain owner Inditex fell more than 7 percent to a three-year low on Friday after JP Morgan cut its price target for the company weeks before it is due to report annual results.
* Online, new brand sales set to rise at least 25 pct in 2018
STOCKHOLM Swedish fashion retailer H&M dropped plans to ask shareholders to reinvest their dividend payouts in newly issued shares on Monday, saying the move had proved problematic to carry out.
STOCKHOLM, Feb 12 Swedish fashion retailer H&M dropped plans to ask shareholders to reinvest their dividend payouts in newly issued shares on Monday, saying the move had proved problematic to carry out.
* H&M plans net addition of 220 stores in 2018 vs 388 in 2017
* APRANGA GROUP EXTENDS SUCCESSFUL COLLABORATION WITH INDITEX
LONDON (Reuters Breakingviews) - Nestlé is making its board more activist-friendly. The chief executives of Adidas and Spain’s Inditex are among the heavyweight non-executive directors that the Swiss giant is proposing to appoint. Their e-commerce expertise will help steer efforts to sell more directly to consumers. They may also help to pre-empt any plan by activist Dan Loeb to install his own candidates.