Inditex S.A. Unsponsored ADR (IDEXY)
Inditex buys stake in U.S. sustainable agriculture startup Galy
Zara owner Inditex has bought a stake in the United States-based sustainable agriculture startup Galy as part of its strategy to plug money into the sustainable economy, its CEO, Oscar Garcia Maceiras, said on Tuesday.
Workers at Inditex's Zaragoza logistics hub to get 12% pay rise
Around 1,800 workers at one of Zara owner Inditex's main logistics centres in Spain will get a direct pay increase totalling 12% over the next three years plus additional compensation under a preliminary deal unions said they had reached with the company.
Industria de Diseno Textil (IDEXY) Upgraded to Buy: Here's What You Should Know
Industria de Diseno Textil (IDEXY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Industria de Diseño Textil, S.A. (IDEXY) Q1 2024 Earnings Call Transcript
Industria de Diseño Textil, S.A. (OTCPK:IDEXY) Q1 2024 Earnings Conference Call June 5, 2024 3:00 AM ET Company Participants Marcos Lopez - Capital Markets Director Oscar Garcia Maceiras - CEO Ignacio Fernandez - CFO Conference Call Participants Richard Chamberlain - RBC Geoff Lowery - Redburn Sreedhar Mahamkali - UBS James Grzinic - Jefferies Warwick Okines - Exane BNP Paribas Nicolas Champ - Barclays Georgina Johanan - JP Morgan Marcos Lopez [Foreign Language].
Inditex plans logistics expansion as sales and profits grow in line
Zara owner Inditex reported growth in quarterly sales and profits in line with market expectations, boasting that its Spring/Summer collections have been "very well received" by the shopping public. The Spanish-owned group, the world's largest listed fashion retailer with brands that also include Massimi Dutti and Pull&Bear, posted revenue of €8.2 billion for the three months to April 30, swelling 7.1% on last year.
Zara owner Inditex reports slowing quarterly sales growth
Zara owner Inditex grew its sales by 7% in the first quarter of its fiscal year, it said on Wednesday, in line with analysts' expectations.
