Industria De Diseno Textil SA Share From Split
ITX: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€25.00 | Xmrms | Mczkjnlpg |
Inditex Continues To Deliver Growth And Profitability Despite Tough Macroeconomic Environment
Business Strategy and Outlook
Industria de Diseno Textil, or Inditex,is the number-one apparel company by revenue in Western Europe and globally. It follows a so-called fast-fashion business model, which involves feedback loop-driven design and small batches of supplies at attractive prices. This allowed it to gain market share from not only midprice players but even luxury ones in the apparel segment.