Massimo Dutti
This coverage focuses on Massimo Dutti’s strategic direction, operational performance, and presence within the UK luxury retail market. Reporting includes updates on store openings and refurbishments, product launches, marketing campaigns, leadership changes, and sustainability initiatives—providing retail professionals with insights into the brand’s positioning, commercial strategies, and influence within the high-end fashion sector.
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Sep- 2023 -13 SeptemberClothing & Shoes
Inditex’s H1 profit before tax jumps 39%
Zara and Stradivarius owner Inditex has revealed that its profit before tax rose 39% to €3.3bn (£2.84bn) for the six months ended 31 July 2023. The company’s sales rose 13.5% to €16.9bn (£14.6bn) and as a result the company posted a gross profit of €9.8bn (£8.4bn) which was an increase…
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Jun- 2022 -27 JunePeople Moves
John Lewis appoints first director of designs
John Lewis has announced the appointment of its first director of design for fashion, Queralt Ferrer. The announcement comes as the retailer continues to build on plans to expand its own-brand ranges, with it aiming to become a “more significant player in fashion and home”. The appointment will specifically support…
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Mar- 2022 -16 MarchClothing & Shoes
Inditex FY21 profits surge 199% despite Omicron impact
Inditex, the parent company of Zara, has reported its income before tax surged 199% to €4.19bn (£3.53bn) between 1 February 2021 and 31 January 2022 (FY21), rising year-on-year from €1.4bn (£1.17bn). Net income also surged 193% to €3.2bn (£2.73bn) compared to €1.1bn (£9.29m) in FY20. Additionally, sales increased 36% year-on-year…
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Aug- 2021 -19 AugustOnline & Digital
Global Fashion Group sees profits soar to €183.7m
Global Fashion Group (GFG), the owner of ecommerce platforms such as The Iconic and Zalora has reported gross profits of €183.7m (£156.5m) in the second quarter of 2021, due to easing of Covid-19 restrictions. Revenues at the group rose to 18% year on year to €397.3m (£338.5m) compared to €336.1m…
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Mar- 2021 -10 MarchClothing & Shoes
Inditex profits fall to €1.1bn despite strong online sales
Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m) for the financial year ending 31 January 2021 – as Covid-19 forced many of its stores to close. The retail group revealed that its sales fell 28% to €20.4bn (£17.4bn),…
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Dec- 2019 -11 DecemberClothing & Shoes
Inditex reveals boost to net sales and profit
The parent company of Zara, Inditex, has posted “strong” trading results for the first nine months of the year. Following a “strong operating performance”, net sales across its brands were €19.8bn (£16.73 bn) marking a year-on-year increase of 7.5%. Net profit for the fashion group, which also owns Massimo Dutti,…
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Sep- 2019 -11 SeptemberHigh Street
Inditex reports record net sales and revenue in H1
Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019. Net sales topped €12.82bn (£11.4bn) for the first time, a year-on-year growth of 7%, for the period from 1 February-31 July 2019. Net profit hit a new record of €1.55bn…
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Jul- 2019 -17 JulyClothing & Shoes
Zara owner Inditex launches new sustainability strategy
Inditex, the parent company of fashion brands Zara, Pull&Bear, Stradivarius and Massimo Dutti has unveiled its new sustainability line that by 2023 aims to eliminate all single-use plastics for customers sales. At the company’s AGM meeting yesterday (16 July 2019) executive chairman Pablo Isla said “the culture of diversity, innovation…
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Jun- 2018 -13 JuneHigh Street
Inditex improves margins with same-stores sales growth
The owner of the fashion retailer Zara, Inditex, has reported record-breaking revenues and gross margin improvements in the first quarter of the year. Inditex revealed an increase of 7% in overall sales in local currencies and a record-breaking revenue of €6bn (£5.29bn) with a 9% sales increase between 1 May…
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Mar- 2018 -14 MarchClothing & Shoes
Zara owner Inditex sees 41% jump in online sales
The owner of Zara and Massimo Dutti, Inditex, saw online sales revenue grow by 41% in 2017, according to a trading update. In 2017, Inditex invested €1.8bn (£1.5bn) in further developing its integrated stores and online model and upgrading its technology Specifically, the rollout of radio-frequency identification (RFID) technology (used…
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