Inditex traded at 54.16 this Wednesday July 8th, decreasing 2.28 or 4.04 percent since the previous trading session. Looking back, over the last four weeks, Inditex lost 2.76 percent. Over the last 12 months, its price rose by 24.42 percent. Looking ahead, we forecast Inditex to be priced at 55.68 by the end of this quarter and at 51.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Industria de Diseno Textil SA, known as Inditex SA, is a Spain-based company primarily engaged in the textile industry. The Company’s activities include the design, confection, manufacturing, distribution and retail of men, women and children apparel, footwear and fashion accessories, as well as home furnishings and household textile products. The Company’s business is divided into three segments: Zara, which provides various fashion and home items under the Zara brand name; Bershka, offering clothes under the Bershka brand name, which aims at teenagers, and Other, which retails apparel under Stradivarius, Oysho, Pull&Bear and Massimo Dutti brand names, among others. The Company operates worldwide through numerous subsidiaries. It is controlled by Pontegadea Inversiones SL.