Apparel Retail Giant Inditex Before September Net Profit Growth Of Over 40%

Data show that Inditex group achieved net profit of 1 billion 180 million euros ($1 billion 580 million) in the first 9 months of this year, up 42% from 831 million euros in the same period last year.

The group's sales in the first 9 months of this year increased from 7 billion 760 million euros in the same period last year to 8 billion 870 million euros, an increase of 14%.

Despite the difficult economic environment at present, the Inditex group's "bet" global consumption recovery has accelerated the global expansion plan.

Just a few days ago, the group announced the opening of its 5000th storefront in the Rome center.

In addition, in the first 9 months from January to October 31st this year, the group opened 300 new stores in 45 countries, and since the beginning of November, the group has opened more than 90 stores.

Analysts have said that the group may slow down its expansion in the light of the current situation, but the group will still accelerate its expansion from the current figures, and plans to open 365 to 425 stores this year.

Supplement:

Fu Anna won the annual Textile Development Award

In December 15th, at the 2010 China Textile Innovation annual meeting, fuanna (002327) was awarded the 2010 annual "China Textile Industry Association product development award" and became the only bedding enterprise that won the honor.

At the award presentation, the Organizing Committee of the Award Committee pointed out that in today's fierce competition in the home textile industry, fuanna, with the accurate positioning of "art home textiles", constantly brings forth new ideas, leads people's high quality lifestyle and promotes the development of the whole industry. Its newly developed "antibacterial new product" provides a solution to the problem of resistance to bacteria in home textile products, fills in the blank of the industry, and meets the new demand of consumers for the antibacterial and healthy products of home textiles.