Inditex keeps making money

INDITEX, the world’s largest retailer of clothes continues to go from strength to strength and has announced a profit of €16.4 billion, an 11 per cent rise over the nine month period to the end of October last year.

The owner of such diverse ranges as Zara (which is its biggest brand), Massimo Dutti, Bershka and Pull & Bear said that its best sellers this year have been military blazers, mini-skirts and velvet dresses and its online business is also continuing to attract new custom.

 Ironically, although competitors appear to be facing a much tougher period, the shares in the company have fallen slightly but with its policy of not overstocking,  turning round production quickly for popular styles and its continued expansion into new markets, the succesful group looks destined to continue to grow.