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Tag: Inditex Group

Inditex earns 70% less due to the pandemic and sales fall 28%

Inditex earns 70% less due to the pandemic and sales fall 28%

Inditex, the textile group that owns chains such as Zara, Stradivarius or Massimo Dutti, closed 2020, the first year of the pandemic, with a profit of 1,106 million euros (70% less compared to 3,639 a year earlier), after selling almost a third less (28%) due to restrictions in stores or the closure of them derived […]

2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying

2021 worsens the textile crisis: the big ones are sustained thanks to the online sale but the small ones are dying

If part of the Spanish textile sector is weathering this pandemic without reaching ruin, it is because they had a strong online channel that has allowed them to save furniture. Inditex, which presents its annual results tomorrow, will end 2020 with benefits, but with a cut in it of 60%, according to analysts’ forecasts, while […]

Santander, Inditex, AENA and Red Eléctrica, among the 56 Spanish listed companies to which the ‘Tobin rate’ will be applied

Santander, Inditex, AENA and Red Eléctrica, among the 56 Spanish listed companies to which the ‘Tobin rate’ will be applied

The Tax agency has encrypted in 56 the number of listed Spanish companies whose shares, as of December 16, 2020, had a market capitalization value of more than 1,000 million euros and whose purchase of titles will be applied the new tax on financial transactions, known as ‘tasa Tobin’. This is clear from the list […]

Inditex resists the pandemic and earns 671 million until October

Inditex resists the pandemic and earns 671 million until October

Despite the complicated situation generated by the pandemic, Inditex, the textile group that owns chains such as Zara, Berskha or Massimo Dutti, has managed to leave behind the historical losses registered in the first half of the year as a result of the crisisand gradually reduce the drop in sales, thus straightening their accounts. As […]

The 10 richest Spaniards according to Forbes

The 10 richest Spaniards according to Forbes

  The prestigious magazine Forbes has published the list of the 100 richest Spaniards of 2020. This is an edition marked by the effects of coronavirus that have been reflected in the fortunes of the top 10. Business lines such as tourism have collapsed, which is reflected in fortunes such as those of Miguel Fluxà […]

When is Black Friday 2020 and everything that has changed with the blow of the covid

When is Black Friday 2020 and everything that has changed with the blow of the covid

Black Friday is here. That 2020 is the year of pandemic and crisis has not prevented stores like Amazon, Carrefour, El Corte Inglés or Fnac from making great offers and discounts on their stock. Companies have advanced and expanded their period of dream offers to cope with the ‘special’ conditions that covid has brought. WHAT […]