Yesterday, the Indytek Group, the parent company of the fashion giant ZARA, released its financial statements for the first nine months, and its net profit increased by 27% year-on-year.
Fashion giant ZARA's parent company, Spanish apparel giant Inditex SA, released its first nine months of financial results on December 12 local time.
The data shows that thanks to the sales of new stores in Asia, Indytek Group's net profit for the first nine months of its current fiscal year increased by 27% year-on-year.
According to a data released by the Indytek Group, during the nine months from February 1 to October 31 this year, the company’s net profit increased from 1.3 billion euros in the same period last year to 1.66 billion euros ( About 2.16 billion U.S. dollars).
Sales increased by 17% year-on-year to 11.36 billion Euros, which was mainly attributable to the company’s sales performance in the newly opened 360 stores in 54 countries.
As the fashion retailer with the highest operating income in the world, Indytek Group stated that its sales are also driven by the development of online store business. In September this year, Zara opened a new online shop in China. Indytek Group stated that the brand will open an online clothing store in Canada next spring.
Indydiq Group does not intend to open new stores in Spain because the country is currently facing a severe economic downturn, and the unemployment rate has reached 25%, which will force consumers to cut spending.
However, the Indytek Group also stated that it will open branches in each continent on average at the speed of one store per day. Earlier this month, the Indytek Group stated that it opened its 6,000th branch store on Oxford Street in London.
The data shows that thanks to the sales of new stores in Asia, Indytek Group's net profit for the first nine months of its current fiscal year increased by 27% year-on-year.
According to a data released by the Indytek Group, during the nine months from February 1 to October 31 this year, the company’s net profit increased from 1.3 billion euros in the same period last year to 1.66 billion euros ( About 2.16 billion U.S. dollars).
Sales increased by 17% year-on-year to 11.36 billion Euros, which was mainly attributable to the company’s sales performance in the newly opened 360 stores in 54 countries.
As the fashion retailer with the highest operating income in the world, Indytek Group stated that its sales are also driven by the development of online store business. In September this year, Zara opened a new online shop in China. Indytek Group stated that the brand will open an online clothing store in Canada next spring.
Indydiq Group does not intend to open new stores in Spain because the country is currently facing a severe economic downturn, and the unemployment rate has reached 25%, which will force consumers to cut spending.
However, the Indytek Group also stated that it will open branches in each continent on average at the speed of one store per day. Earlier this month, the Indytek Group stated that it opened its 6,000th branch store on Oxford Street in London.
If you want to make a Beaded Jewelry, like necklace, bracelet or earring, not only need the beads , some other jewelry accessories and tools also is necessary. Like the jump ring, crimp beads, clasp ,splits and jewelry wire or cord.
Jewelry Cord Tools Accessorries
Jewelry Tools, Jewelry Cord, Jewelry Making Tools, Jewelry Making Kits
Sola Craft Factory Co. LTD , http://www.solagarland.com