Inditex's founder and largest shareholder, Amancio Ortega, has received more than 813 million euros in dividends from Zara's group. On May 2, shareholders such as Amancio Ortega received a dividend of 0.44 euros per share, which is the first dividend of Inditex shareholders this year.
For the whole year, the Spanish YOOX Promotion Code fashion tycoon Amancio Ortega will receive 1.62 billion euros (about 12.29 billion yuan, 7.58) from Inditex's dividend this year, nearly 300 million euros more than he did in 2018.
According to the announcement of the company in early May, the board of directors proposed to re-negotiate the new dividend policy in July next year. The dividend for this year will be increased to 0.88 euros. (0.88 euros per share: 0.66 euros for ordinary dividends and 0.22 euros for special dividends).
However, Zara's parent company Inditex Group's performance growth has slowed significantly. From the 2016 fiscal year, the Inditex Group's profitability has been shrinking, and the huge physical store has become the biggest burden.
In December 2017, the Inditex Group announced that it had signed a leaseback agreement with buyers to sell 16 stores in Spain and Portugal. The total transaction amounted to approximately US$472 million and began to slow down the pace of opening stores.
In March of this year, Inditex Group's 2018 report showed that annual sales increased by only 3% to 26.1 billion euros, and net profit rose by 12% year-on-year to 3.4 billion euros.
Inditex reported a 27% increase in online during the reporting period. By the end of FY 2019, the Group expects sales growth to remain 4%-6%, and continues to increase online investment, while introducing a more advanced logistics system.
Inditex's overall network sales accounted for 12% of total sales, and its average sales in the US accounted for 27%. Consumers' desire for new clothing may be weakening.
More interesting is that Royal Bank of Canada (RBC) also released a report earlier this month, which raised the target price of Inditex stock from 30 euros to 31 euros per share, which means that it may be heavy on the basis of 17%. estimate.
The move was strongly opposed by the market, Morgan Stanley analysts stressed in a market report that the Inditex Group extended the life of assets, increased the cost of capitalized information technology and rewritten the regulations.
In addition, the analyst at the Bank of America pointed out that Inditex's profits outside Europe are less than 20%, and three of the top five apparel markets in the world have very low profit margins.
As of the 2nd, Inditex shares have risen 18%. According to FactSheet, the relevant earnings forecast fell by 1.6%. Founder Amancio Ortega has a 59.294% stake, equivalent to 1.848 billion shares, and is the largest shareholder of Inditex.
In FY2017, the group distributed a dividend of more than 2.3 billion euros, of which a medium-term ordinary dividend of 0.375 euros per share was paid in May 2018. On November 2, a Dacoz common dividend of 0.165 euros per share and a special dividend of 0.210 euros per share. Dividends and a final dividend of 0.375 euros per share have also been paid.
In 2017, Amancio Ortega, which holds 59.294% of the Inditex Group, received a dividend of 1.396 billion euros, which was 1.256 billion euros in the fiscal year 2016, an increase of 10.4%.
2018年9月6日星期四
ZARA Eembarked on a Clothing Road to Expand Hhome Business
The second concept store of ZARA HOME, the home brand of fast fashion giant ZARA, was unveiled on the east side of the first floor of Building 4 of Beijing World Trade Center. In the store, each partition room mainly sells Zaful Coupon Code bedroom supplies, bathroom products, restaurant supplies, decorations, household casual clothes and aromatic products. The materials of the products are also made of pure materials such as linen, cotton, satin, canvas, raffia and wood.
It is understood that ZARA was founded in 1975 and is part of the Inditex Group, with more than 1,900 stores in 87 markets worldwide. In China, ZARA has established more than 500 stores involving 63 cities. In 2003, ZARA opened the first ZARA HOME store.
At present, on a global scale, China has become the second largest market for ZARA after Spain's domestic market. ZARA HOME has also begun to overweight the Chinese market. In April 2016, ZARA HOME officially launched the Tmall flagship store. In May 2017, ZARA HOME opened the largest flagship store in Asia in Shanghai, which is the 35th store of ZARA HOME in the Chinese DressLily Promo Code market. Since then, ZARA HOME has opened stores in Shenzhen and other places.
It is worth noting that the ZARA HOME store is overweight because ZARA parent company Inditex has experienced a significant slowdown in its growth in recent years. In June this year, ZARA parent company Inditex Group released its first-quarter earnings report. In the three months ended April 30, Inditex sales were 5.654 billion euros, up 2% year-on-year; net profit was 669 million euros, up 2.23 year-on-year. %. Compared with the same year last year, Inditex sales increased by 14% and net profit increased by 18%, the growth rate slowed down significantly.
In addition to the slowdown in performance, ZARA is still caught in the "plagiarism door." This year, clothing brand Diesel Diesel and Marni's parent company OTB Italian Fashion Group won a three-year design plagiarism lawsuit against Inditex. The Milan court asked Inditex Group to recall the infringing material and stop selling it, paying $235 for each product. Compensation. In 2016, a group of 12 illustrators made a deal for ZARA to plagiarize their illustrations, accusing ZARA of selling clothing and accessories that contained illustrations or elements that were not authorized by them. In 2015, ZARA was also accused of copying luxury fashion brands Balmain Balmain, Valentino Valentino, Celine, and Yeezy.
The industry believes that in the fast fashion brand, although ZARA entered China earlier, but due to the rapid development of domestic fast fashion in recent years, HM, Uniqlo, MUJI and so on have all New Chic Coupon Code increased the Chinese market, in addition to TOPSHOP and other emerging fast fashion The brand "grabs". In the future, ZARA will increase the number of Chinese markets, whether it is from household goods stores or fast fashion clothing stores, and will face great challenges, and this diversified development may not bring expected benefits to the Group.
It is understood that ZARA was founded in 1975 and is part of the Inditex Group, with more than 1,900 stores in 87 markets worldwide. In China, ZARA has established more than 500 stores involving 63 cities. In 2003, ZARA opened the first ZARA HOME store.
At present, on a global scale, China has become the second largest market for ZARA after Spain's domestic market. ZARA HOME has also begun to overweight the Chinese market. In April 2016, ZARA HOME officially launched the Tmall flagship store. In May 2017, ZARA HOME opened the largest flagship store in Asia in Shanghai, which is the 35th store of ZARA HOME in the Chinese DressLily Promo Code market. Since then, ZARA HOME has opened stores in Shenzhen and other places.
It is worth noting that the ZARA HOME store is overweight because ZARA parent company Inditex has experienced a significant slowdown in its growth in recent years. In June this year, ZARA parent company Inditex Group released its first-quarter earnings report. In the three months ended April 30, Inditex sales were 5.654 billion euros, up 2% year-on-year; net profit was 669 million euros, up 2.23 year-on-year. %. Compared with the same year last year, Inditex sales increased by 14% and net profit increased by 18%, the growth rate slowed down significantly.
In addition to the slowdown in performance, ZARA is still caught in the "plagiarism door." This year, clothing brand Diesel Diesel and Marni's parent company OTB Italian Fashion Group won a three-year design plagiarism lawsuit against Inditex. The Milan court asked Inditex Group to recall the infringing material and stop selling it, paying $235 for each product. Compensation. In 2016, a group of 12 illustrators made a deal for ZARA to plagiarize their illustrations, accusing ZARA of selling clothing and accessories that contained illustrations or elements that were not authorized by them. In 2015, ZARA was also accused of copying luxury fashion brands Balmain Balmain, Valentino Valentino, Celine, and Yeezy.
The industry believes that in the fast fashion brand, although ZARA entered China earlier, but due to the rapid development of domestic fast fashion in recent years, HM, Uniqlo, MUJI and so on have all New Chic Coupon Code increased the Chinese market, in addition to TOPSHOP and other emerging fast fashion The brand "grabs". In the future, ZARA will increase the number of Chinese markets, whether it is from household goods stores or fast fashion clothing stores, and will face great challenges, and this diversified development may not bring expected benefits to the Group.
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