The Spanish textile Inditex, owner of the brand Zara, reported that its net profit for the period between February and October last, amounted to two thousand 205 million euros, nine per cent more than in the same period of 2015.
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sales increased 11 percent and totaled 16 thousand 403 million euros, compared to the 14 thousand 700 million for the same period of 2015, thus generating nine thousand 245 new jobs, of which a thousand 705 were in Spain.
In this year, the company opened 227 new stores in 50 markets, five of them new (New Zealand, Vietnam, Paraguay, Aruba and Nicaragua), which rose to 93 countries in which it is present, with seven thousand 240 stores in total.
In the case of Mexico, in that period were opened in Monterrey two stores Uterqüe in Monterrey, and other Pull&Bear in the Promenade Shopping mall in Santa Fe from that city.
in order To Pablo Isla, president of the company, the results are due to "the policy of continued investments, both operational and commercial carried out by the company, and of the current development of the integrated model from stores and online sales".
Inditex, founded in 1975 by Amancio Ortega, runs eight brands, including Massimo Dutti, Bershka and Oysho.
GGA
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