What’s going on? Adidas and Inditex (owner of Zara and Bershka) reported lower-than expected annual results, but their ecommerce businesses seem to take off. What does that mean? With so many stores shutting down last year, Inditex’s revenue and profit fell short of investors’ expectations; the latter by over 20%. Since sales haven’t improved much…
Tag: Inditex
Ep 23: Inditex Shows Its Knees
What’s Going On Here? Inditex (world’s biggest clothing retailer and owner of Zara) – reported a fancy quarterly performance. What Does This Mean? Inditex faced the same challenges as Ted Baker last quarter, whereby unusually cold weather hampered customer demand for its lighter spring wares. Inditex didn’t slash prices to boost sales (it’s got a reputation for rarely discounting). Instead, its industry-leading supply chain…
with HT 