Zara Parent Company Conquers The World With Its Fast Fashion Model.

According to the world clothing shoes and hats net, from sketches

The Industria de Diseno Textil SA, which is the fastest two weeks to the product shelves, is Inditex Inditex SA ITX.MC (ITX.MC).

The pattern conquers the world, though many in Europe.

The demand was hit by abnormal warm weather, but the growth of sales and profit indicators of the world's largest apparel retailer in the three quarter could still be slightly increased. Today, the group disclosed that the global sales in the four seasons holiday season are more prosperous.

From early November to December 12th, the sales of Inditex SA Indo textile group increased by 16% year-on-year at the local exchange rate. The Sanford C. Bernstein & Co. analyst pointed out that this is equivalent to 10.5% of the same store sales growth. Soci t t G G n rale (Bernstein), the analyst of the Bank of China, said that the group's growth rate is 3 percentage points higher than expected. The sales trend is very encouraging and continues to be better than the competitors from many channels.

Hennes & Mauritz AB (HMb.ST) will announce the fourth quarter sales figures for November and 9-11 in 15 days. According to the recent achievements, the Hennes & Mauritz AB, which owns H&M, will usually run the Inditex SA India Textile Group, which owns Zara Zara. The sales of the American counterparts who have long been out of favor with the consumers, such as the group of Hennes and the other companies, have been in the doldrums.

Inditex SA Indo textile group did not provide its three quarter results separately.

According to the website, as of the three quarter of October 31st, the group's net sales amounted to 5 billion 938 million euros, exceeding FactSet's total expected 5 billion 910 million euros, up 11.6% from 5 billion 323 million euros a year earlier, while the increase in the first half fiscal year was 11.1%.

The website data show that the first two months of the fourth quarter of Hennes & Mauritz AB were 9 and October respectively, accounting for 1% and 10% respectively.

In the three quarter, the core profit of Inditex SA Indo textile group increased by 10.1% to 1 billion 495 million euros per year, the net profit attributable to the holding company increased by 11.1% to 949 million euros, slightly less than FactSet's comprehensive expected 960 million euros.

Net sales totaled 16 billion 403 million euros in the first nine months, up 11.3% from 14 billion 744 million euros in the same period last year, and increased by 14.5% according to the local exchange rate.

The core profit EBITDA increased by 8.4% to 3 billion 607 million euros, and net profit attributable to holding companies rose 9.2% to 2 billion 205 million euros.

All data were in line with Reuters's comprehensive expectations, but gross margins fell by 90 basis points to 57.9%.

Pablo Isla Isla, chairman and chief executive officer of Inditex SA Indo Textile Group, pointed out strong growth in Europe, Asia and other regions during the post earnings performance conference. He attributed the success of the group's development to the recent reform, including upgrading of the multi-functional Spanish headquarters including design, production and distribution, as well as the application of Zara technology to RFID technology, which allowed the flagship brand to contribute to 2/3 sales to further control inventory and adjust supply according to demand changes.

As of October 31st, Inditex SA India India Textile Group has 7240 stores in 93 markets worldwide, and network sales services have now covered 41 countries and regions after landing in Turkey.

During the three quarter, the group entered Vietnam and New Zealand for the first time, and continued to practice the strategy of setting up large stores in the golden section, so that online sales could take on the role of small stores.

The performance in the first nine months has little effect on the stock price of Inditex SA (ITX.MC) 14 on Wednesday, and the stock dropped slightly by 0.7% to 32.75 euros at the time of the deadline.

As of Tuesday, 13, the Inditex SA (ITX.MC) had risen by only 4.1% in 2016, and has not received the obvious support of this year's strong performance. However, the short-term fluctuation is enough to make the founder of Amancio Ortega a short time to enjoy the taste of the world's richest throne.

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