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Industria de Diseño Textil, S.A. (ITX.MC)

MCE - MCE Delayed price. Currency in EUR
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41.13+0.12 (+0.29%)
As of 02:07PM CET. Market open.
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Previous close41.01
Bid41.13 x N/A
Ask41.14 x N/A
Day's range41.04 - 41.54
52-week range27.45 - 41.60
Avg. volume1,864,628
Market cap128.041B
Beta (5Y monthly)1.09
PE ratio (TTM)24.93
EPS (TTM)1.65
Earnings date13 Mar 2024
Forward dividend & yield0.80 (1.94%)
Ex-dividend date31 Oct 2023
1y target est27.54
  • Reuters

    Zara owner Inditex expands bargain brand to counter Shein

    Zara owner Inditex, the world's biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein. The rapid growth of Shein, an online marketplace with no physical stores, is putting pressure on retailers like Inditex and Sweden's H&M to find ways to respond to its budget prices. Zara has become less competitive on price since Inditex started hiking prices at its core brand to protect profit margins from inflation and as part of a shift towards more upmarket customers.

  • Reuters

    Zara owner Inditex agrees to renew bonus for shop workers in Spain

    Zara owner Inditex has agreed to pay annual bonuses of 1,000 euros ($1,075) for a second year running to the roughly 28,000 shop workers in its home country of Spain this month, a union leader said on Tuesday. The world's biggest listed fashion retailer agreed the one-off annual payment with the country's largest union, despite a difficult economic backdrop for the retail sector, with global rival H&M seeking to shut stores and reduce staffing in Spain. The CCOO union said that nearly all workers in Inditex stores will receive the bonus, which is dependent on a worker's store hitting at least 80% of its sales target.

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