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Inditex Sees Significant Gains in Revenue, Profit, Cash in Q3 2021

12:19pm, Wednesday, 15'th Dec 2021 Coinspeaker
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Inditex: Record Sales With 11% Fewer Shops

10:39am, Wednesday, 15'th Dec 2021 The Corner
The Corner Inditexs (ITX) net profit for the first nine months of its fiscal year (1 February 2021 to 31 October 2021) rose 273% to 2.5 billion euros. In the watertight third quarter, the textile company said sales, profit before tax and net profit reached an all-time high. During the third quarter of 2021, sales growth at constant exchange rates progressively accelerated to 21% compared to the third quarter of 2020 and
Industria de Diseño Textil, S.A. (IDEXY) CEO Oscar Maceiras on Q3 2021 Results - Earnings Call Transcript
The world's biggest fashion retailer Inditex cemented its recovery to pre-pandemic levels on Wednesday, posting a net profit of 2.5 billion euros ($2.82 billion) in the first nine months of its fiscal
An experienced team of managers should smooth leadership change at Inditex next year, when the family of billionaire founder Amancio Ortega will tighten its grip on the world's biggest fashion retaile

Inditex: Zara founders daughter becomes fashion giants chair

10:11am, Wednesday, 01'st Dec 2021 Economy Watch Nigeria
High Street fashion giant Inditex, which owns brands including Zara and Massimo Dutti, has appointed the founders daughter as its new chairwoman. Marta Ortega will replace Pablo Isla, chairman of Inditex since 2011. Ms Ortega has been with the firm for 15 years, starting out as an assistant at its High Street brand Bershka. I []

Zara owner Inditex names founder’s daughter as chair

05:19pm, Tuesday, 30'th Nov 2021 The Guardian
Marta Ortega, 37, daughter of Amancio Ortega, to be installed as head of board in April

Zara blocked in France over Uyghur forced labour probe

05:12pm, Tuesday, 30'th Nov 2021 Radio France Internationale
The expansion of a Zara clothing store in France was blocked over a probe into whether its parent company Inditex benefits from the use of forced labour of Uyghurs in China.
30 Spanish listed companies form part of the index, which will be updated annually based on the information published by the CNMV To enter the index, eligible companies must have a female presence on their Boards of Directors between 25% and 75% and between 15% and 85% in senior management Today, BME announced the launch of the Ibex Gender Equality Index. The index, which is the first to gauge the presence of women in senior management positions in Spanish companies, is based on information prepared annually by the CNMV. With this launch, BME and the SIX reinforce their ESG index family, as part of their commitment to sustainability. To be eligible for inclusion in the index, whose composition will be reviewed annually in June, a company must be part of the Madrid Stock Exchange General Index (IGBM), have between 25% and 75% women on its Board of Directors and between 15% and 85% in senior management positions. This percentage is somewhat lower than that set by the recommendations of the Spanish stock market supervisors (CNMV) Code of Good Governance, as this index also aims to include companies that do not reach 30% female presence on the Board of Directors, but which are on the right track in their promotion of gender equality.
MADRID - The daughter of the founder of Spanish clothing company Inditex, which owns Zara, Massimo Dutti and other fashion chains, has been named as the company''s next

Founder''s daughter named chair of fashion giant Inditex

11:45am, Tuesday, 30'th Nov 2021 ABC News
Spanish fashion giant Inditex says the founder''s daughter has been named as the next chairperson of the company that owns Zara, Massimo Dutti and other clothing chains
MARTA Ortega, the daughter of the founder of Spanish fashion retailer, Inditex, will become the companys chairwoman next April. Ortega, 37, will replace Pablo Isla, who took the managerial reins from her father, Armancio Ortega in 2011. Forbes magazine says Armancio Ortega is the 11th richest man in the world with a net worth of []
Marta Ortega will take the reins next year at fashion retail empire Inditex, the Spanish company founded by her father Amancio Ortega and that has made him one of the world's wealthiest men.
Marta Ortega will replace Pablo Isla as chairwoman of Zaras parent firm Inditex.
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