olivLaw · European equity research
INDUSTRIA DE DISEÑO TEXTIL, S.A. ITX.MC
Spain · BME Madrid · ISIN ES0148396007 · Vertical: Listed companies from Spain
Inditex is a global fashion retail group operating brands such as Zara, Pull&Bear, Massimo Dutti, Stradivarius and Zara Home, integrating design, production, logistics and sales in its own business model. The timing is relevant because sales at constant exchange rates rose 9% in the early weeks of fiscal 2026, while the company flags risks linked to tensions in the Middle East.
At the close of 05 Nov 2026, INDUSTRIA DE DISEÑO TEXTIL, S.A. (ITX.MC) stock was 60.06 EUR (+1.69% on the day), with market capitalisation 187.2 bn EUR, P/E 30.1 on diluted EPS of 2.00 EUR over the last 12 months, dividend yield 2,797,202.80%, beta 0.83, 52-week range 46.54–60.06 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 69.1
- strong (55–70)
- Bollinger (20, 2)
- 53.21 – 59.37
- above the upper band · %B 1.11 · band width 11.0%
- SMA 50 / 200
- 55.11 / 54.48
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 1.02 / 0.71
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +11.6% | −0.6% | +12.2 pp | — |
| 3 months | +2.1% | −4.2% | +6.3 pp | — |
| 6 months | +14.0% | +4.3% | +9.7 pp | — |
| Year to date | +6.6% | +7.5% | −0.9 pp | — |
| 1 year | +25.3% | +9.9% | +15.4 pp | +6.7% |
| 3 years | +81.0% | +49.8% | +31.2 pp | +31.5% |
| 5 years | +86.1% | +42.8% | +43.3 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 100 percentile of its own 3-quarter history (min 23.0, median 27.6, max 28.0; quarters with earnings only).
Fiscal years
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 35.9 bn | 38.6 bn | 39.9 bn |
| Revenue YoY | unavailable | +7.5% | +3.2% |
| Net income | 5.4 bn | 5.9 bn | 6.2 bn |
| Net income YoY | unavailable | +9.0% | +6.0% |
| Diluted EPS | 1.73 | 1.88 | 2.00 |
| Diluted EPS YoY | unavailable | +9.0% | +5.9% |
| net % | 15.0% | 15.2% | 15.6% |
| Free cash flow | 7.3 bn | 7.1 bn | 7.0 bn |
Balance sheet & financial health
Fiscal year 2026 · 31 Jan 2026
- Cash
- 5.3 bn EUR
- Financial debt
- 0 EUR
- Net debt
- -5.3 bn EUR
- Equity
- 20.4 bn EUR
- Total assets
- 35.6 bn EUR
- Debt / equity
- 0.00x
- Current ratio
- 1.54x
- ROE
- 31.0%
- ROA
- 17.7%
- FCF margin
- 17.7%
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 35.9 bn | 38.6 bn | 39.9 bn | esef· 20 Oct 2026verified |
| Cost of revenue | 15.2 bn | 16.3 bn | 16.6 bn | esef· 20 Oct 2026verified |
| Gross profit | 20.8 bn | 22.3 bn | 23.2 bn | esef· 20 Oct 2026verified |
| Operating income | 6.8 bn | 7.6 bn | 8.0 bn | esef· 20 Oct 2026verified |
| Depreciation & amortisation | 3.0 bn | 3.2 bn | 3.3 bn | esef· 20 Oct 2026verified |
| EBITDA | 9.9 bn ≈ | 10.7 bn ≈ | 11.3 bn ≈ | esef· 20 Oct 2026derived |
| Pre-tax income | 6.9 bn | 7.6 bn | 8.0 bn | esef· 20 Oct 2026verified |
| Income tax | 1.5 bn | 1.7 bn | 1.8 bn | esef· 20 Oct 2026verified |
| Net income | 5.4 bn | 5.9 bn | 6.2 bn | esef· 20 Oct 2026verified |
| Diluted EPS | 1.73 | 1.88 | 2.00 | esef· 20 Oct 2026verified |
| Dividend per share | 1.20 | 1.54 | 1,680,000.00 | esef· 20 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · EUR
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Cash | 7.0 bn | 6.4 bn | 5.3 bn | esef· 20 Oct 2026verified |
| Receivables | 1.0 bn | 1.1 bn | 1.2 bn | esef· 20 Oct 2026verified |
| Current assets | 16.0 bn | 16.4 bn | 15.7 bn | esef· 20 Oct 2026verified |
| Property, plant & equipment, net | 8.3 bn | 10.0 bn | 11.1 bn | esef· 20 Oct 2026verified |
| Goodwill | 197.0 m | 196.0 m | 197.0 m | esef· 20 Oct 2026verified |
| Total assets | 32.7 bn | 34.7 bn | 35.6 bn | esef· 20 Oct 2026verified |
| Accounts payable | 7.1 bn | 8.3 bn | 8.3 bn | esef· 20 Oct 2026verified |
| Long-term debt | 0 | 0 | 0 | esef· 20 Oct 2026verified |
| Current liabilities | 8.9 bn | 10.2 bn | 10.2 bn | esef· 20 Oct 2026verified |
| Equity | 18.7 bn | 19.7 bn | 20.4 bn | esef· 20 Oct 2026verified |
| Shares outstanding at year end | 3.1 bn | 3.1 bn | 3.1 bn | esef· 20 Oct 2026derived |
Cash flow · EUR
| Line | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 8.7 bn | 9.3 bn | 9.2 bn | esef· 20 Oct 2026verified |
| Capex | 1.4 bn | 2.2 bn | 2.2 bn | esef· 20 Oct 2026verified |
| Free cash flow | 7.3 bn ≈ | 7.1 bn ≈ | 7.0 bn ≈ | esef· 20 Oct 2026derived |
| Investing cash flow | -1.7 bn | -3.3 bn | -3.2 bn | esef· 20 Oct 2026verified |
| Financing cash flow | -5.5 bn | -6.6 bn | -7.1 bn | esef· 20 Oct 2026verified |
| Dividends paid | 3.7 bn | 4.8 bn | 5.2 bn | esef· 20 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 57 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 187.2 bn EUR
Key indicators
Coverage and freshness
Score by group
- Quality83
- Balance sheet89
- Valuation23
- Returns50
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 30.30 – 31,156,363.64 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · not enough peers
- Peers: P/E30.30 – 45.38 (Mid 39.68)18 companies used · median multiple 19.9x · quartiles 15.2x – 22.7xACS.MC, ADX.MC, AEDAS.MC, AENA.MC, AMS.MC, ANA.MC, CAF.MC, CLEO.MC, CMO.MC, DESA.MC, DIA.MC, EAT.MC, EDR.MC, ELE.MC, ENER.MC, ENO.MC, FAE.MC, FCC.MC
- Dividend discount (DDM)22,848,000.00 – 31,156,363.64 (Mid 26,363,076.92)
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Neutral profile · Score 57/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 43.7% | 71 (vs peers) | 14% |
| Net margin · Quality | 15.6% | 84 (vs peers) | 8% |
| FCF conversion · Quality | 113.2% | 100 (on a fixed band) | 8% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | -0.5x | 100 (on a fixed band) | 14% |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.5x | 62 (on a fixed band) | 5% |
| P/E (TTM) · Valuation | 30.1x | 27 (vs peers) | 14% |
| EV/EBITDA · Valuation | 16.1x | 0 (on a fixed band) | 14% |
| FCF yield · Valuation | 3.8% | 47 (on a fixed band) | 11% |
| Shareholder yield (distributions) · Returns | 2.8% | 40 (on a fixed band) | 8% |
| Payout ratio (FCF) · Returns | 74.4% | 65 (on a fixed band) | 5% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet89/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality83/100 · 3/3 factors with a value
- Returns50/100 · 2/2 factors with a value
- Valuation23/100 · 3/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
INDUSTRIA DE DISEÑO TEXTIL, S.A. (ITX.MC). Latest full fiscal year: 2026; data up to 2026-01-31.
Figures computed from the financial statements: revenue 39.9 bn EUR in 2026; YoY growth 3.2%; net margin 15.6%; ROE 31.0%; net debt/EBITDA -0.5x.
The estimated value range is 11,424,015.15–15,578,204.51 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 13,181,558.30 EUR, the price of 60.06 EUR leaves a potential of 21,947,216.5% (value / price − 1) and a margin of safety of 100.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 57/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 43.7%
- Net margin: 15.6%
- FCF conversion: 113.2%
- Net debt / EBITDA: -0.5x
- The price is below the estimated value range
What contradicts it
- P/E (TTM): 30.1x
- EV/EBITDA: 16.1x
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Revenue CAGR 3Y, EPS CAGR 3Y, Interest coverage.
Versus the vertical median
Listed companies from Spain · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| ITX.MCIndustria De Diseño Textil, S.A. | 187.2 bn | 30.1 | 31.0% | 15.6% | +3.2% | +24% / +59% |
| ELE.MCEndesa SA | 46.9 bn | 21.4 | 26.4% | 10.5% | +0.5% | +43% / +134% |
| AENA.MCAena S.m.e. SA | 42.6 bn | 19.9 | 24.2% | 34.0% | +8.9% | +21% / +79% |
| AMS.MCAmadeus It Group Sociedad Anonima | 26.2 bn | 19.8 | 26.9% | 20.5% | +6.1% | −6% / −5% |
| ACS.MCAcs Actividades De Construccion Y Servicios, S.A. | 21.9 bn | 23.0 | 19.9% | 1.9% | +19.7% | +7% / +134% |
| ANA.MCAcciona SA | 11.7 bn | 14.5 | 16.9% | 4.0% | +5.5% | +24% / +66% |
| FCC.MCFomento De Construcciones Y Contratas S.A. | 5.0 bn | 30.3 | 5.3% | 1.7% | +6.9% | −8% / −14% |
| DIA.MCDistribuidora Internacional De Alimentacion SA | 2.7 bn | 20.6 | 165.6% | 2.2% | −2.7% | +51% / +380,733% |
| CMO.MCCementos Molins S.A. | 2.5 bn | 13.6 | 14.3% | 18.0% | −3.1% | +31% / unavailable |
| ENO.MCElecnor SA | 2.4 bn | 21.9 | 10.5% | 2.5% | +15.1% | −3% / +58% |
| ALM.MCAlmirall S.A. | 2.4 bn | 51.1 | 3.1% | 4.2% | +12.4% | −11% / +32% |
| FAE.MCFaes Farma SA | 1.5 bn | 19.3 | 10.8% | 13.0% | +23.7% | +3% / +57% |
| AEDAS.MCAedas Homes SA | 1.0 bn | 17.1 | 57.8% | 7.0% | −24.8% | +0% / +38% |
| EDR.MCEdreams Odigeo SA | 574.4 m | 11.5 | 21.0% | 7.8% | −0.4% | +40% / −24% |
| EAT.MCAmRest Holdings SE | 506.0 m | 31.4 | 4.3% | 0.6% | +0.1% | −34% / −61% |
| ADX.MCAudax Renovables S.A. | 468.5 m | 23.9 | 9.3% | 1.0% | −5.4% | −23% / −18% |
| ATRY.MCAtrys Health, S.A. | 200.4 m | — | -49.5% | -71.1% | +8.5% | −3% / −29% |
| ENER.MCEcoener, S.A. | 175.6 m | 32.2 | 4.2% | 6.4% | +3.6% | −34% / −6% |
| ADZ.MCAdolfo Dominguez SA | 62.9 m | 38.3 | 9.0% | 1.2% | +1.8% | +39% / +40% |
| DESA.MCDesarrollos Especiales De Sistemas De Anclaje S.A. | 44.8 m | 9.2 | 152.3% | 10.0% | +2.2% | +19% / unavailable |
| EZE.MCGrupo Ezentis SA | 29.0 m | — | — | -9.3% | +147.2% | −30% / −37% |
| CLEO.MCCompañia Levantina De Edificacion Y Obras Publicas SA | 17.3 m | 14.4 | 4.1% | 3.4% | +13.4% | unavailable / unavailable |
| AYC.MCAyco Grupo Inmobiliario, S.A. | 16.4 m | — | -33.8% | — | −100.0% | unavailable / unavailable |
| EBRO.MCEbro Foods, S.A. | 3.0 m | 0.0 | 10.0% | 7.7% | −4.0% | −0% / +19% |
| A3M.MCAtresmedia Corporacion De Medios De Comunicacion, S.A. | — | — | 7.9% | 6.9% | −2.7% | +13% / +60% |
1- and 3-year price returns: for ITX.MC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 35.03 Total return -39% · Per year -39% | 61.98 Total return 7% · Per year 7% | 93.41 Total return 60% · Per year 60% |
| 3 years | 33.11 Total return -37% · Per year -14% | 65.99 Total return 20% · Per year 6% | 109.33 Total return 95% · Per year 25% |
| 5 years | 31.29 Total return -36% · Per year -8% | 70.27 Total return 35% · Per year 6% | 127.97 Total return 137% · Per year 19% |
- Exit P/E± 16.50
- Net margin± 11.55
- Annual revenue growth± 9.60
- Annual dilution± 0.97
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Inditex is a global fashion retail group operating brands such as Zara, Pull&Bear, Massimo Dutti, Stradivarius and Zara Home, integrating design, production, logistics and sales in its own business model. The timing is relevant because sales at constant exchange rates rose 9% in the early weeks of fiscal 2026 1, while the company flags risks linked to tensions in the Middle East.
SWOT
Strengths
- The integrated model of design, production and distribution allows quick reactions to fashion trends and a broad presence in many markets 1.
- Diversification across channels, geographies and concepts reduces dependence on a single market and supports long-term growth potential 1.
- Retail sales are typically collected immediately, which limits exposure to credit risk 1.
Weaknesses
- Dependence on the US dollar in purchasing and currency exposure requires permanent hedging through financial instruments 1.
- A structure with many companies and global supply chains increases the complexity of managing operational risks 1.
- The company depends on anticipating demand and producing new models quickly, and failures in this process can affect sales 1.
Opportunities
- Continuous investment in stores, the online channel and logistics platforms can support long-term growth 1.
- Emerging technologies such as artificial intelligence can bring optimisation of operational and commercial processes 1.
- The sales advance in the Spring/Summer 2026 season suggests that demand for recent collections may be solid 1.
Threats
- Military tensions in the Middle East can affect operations and general conditions in international markets 1.
- Climate risks, natural disasters and the transition to a low-carbon economy can disrupt operations and demand 1.
- Cyberattacks and technology incidents can affect data confidentiality and business continuity 1.
Risks
- Currency and commodity riskhigh
Exposure to the US dollar and to raw material prices can affect cash flows; the company estimates a potentially significant negative impact on twelve-month cash flows, although it hedges part of this risk 1.
- Geopolitical tensionshigh
The Middle East conflict that broke out at the end of February 2026 could affect operations in the region and international markets, and management is monitoring developments 1.
- Technology and cyber riskmedium
Reliance on digital systems exposes the company to security incidents and infrastructure failures that can affect operational and commercial processes 1.
- Climate and environmental riskmedium
Natural disasters and climate change can paralyse the supply chain and change demand for or supply of textile raw materials 1.
- Reputation and compliance riskmedium
Issues related to ethics, sustainability or workers' rights in the supply chain can damage the company's image and attract sanctions 1.
Investment thesis
What would need to be true (bull case)
- Sales growth at the start of the Spring/Summer 2026 season and the integrated business model could support a solid recovery if demand stays strong 1.
- Geographic diversification across many markets and a presence in the online channel could reduce the impact of regional shocks on results 1.
- Investment in logistics, technology and artificial intelligence could improve efficiency and the capacity to react to fashion trends 1.
What would break the thesis
- If Middle East tensions spread, operations in the region and general market conditions could be affected 1.
- Currency exposure and raw material price volatility could compress margins, especially if hedges do not fully offset variations 1.
- Intense competition and rapid shifts in consumer preferences could prevent the company from sustaining its current growth pace 1.
What to watch
- Evolution of sales at constant exchange rates and results for the Spring/Summer 2026 season2026
- Development of the Middle East conflict and its effects on group operations2026
- Impact of currency and raw material price movements on cash flowsnext annual report
- Progress of investment in stores, the online channel and centralised logistics platformsnext annual report
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The Inditex group operates in fashion, organised around an integrated model covering design, sourcing, distribution and retail sales through physical stores and a global online channel 1. The company operates through numerous companies in Spain and other countries, grouped into design, logistics and retail divisions, which allows it to react quickly to fashion trends 1. The model rests on flexibility, sourcing close to home during the season and continuous investment in stores, centralised logistics platforms and the online channel 1.
The company assesses financial, currency and commodity risks with Cash-Flow-at-Risk methodologies, and its exposure to the US dollar is hedged with forward contracts and options 1. Most revenue comes from retail sales, typically collected immediately in cash or by card, which limits credit risk 1.
Management aims to improve its fashion offer, customer service and sustainability, and presents diversification across channels, geographies and concepts as a source of long-term growth potential 1.
Segments
Multi-brand integrated retail
Sales are made under different brands, such as Zara, Pull&Bear, Massimo Dutti, Stradivarius, Bershka, Lefties and Zara Home, each supported by dedicated design, logistics and distribution companies 1. The list of companies in the annual report shows a clear split of activities by brand 1.
Market context
The company is present in more than two hundred markets through its integrated sales model, which reduces dependence on any single geographic area 1. The fashion market is however sensitive to economic contraction and shifts in consumer preferences, and Inditex cites as a risk a possible fall in sales if demand weakens in one of its markets 1.
Fluctuations in the prices of textile raw materials and energy, as well as transport costs, may influence sector margins, and the company monitors these markets and diversifies its sourcing origins 1.
Trends
- Sales growth in the Spring/Summer 2026 seasontailwind
The Spring/Summer 2026 collections were well received, and sales in stores and online at constant exchange rates rose 9% between 1 February and 8 March 2026 compared with the same period in 2025 1. If this trend holds, it could support short-term growth.
- Geopolitical tensions in the Middle Eastheadwind
At the end of February 2026 military operations broke out in the region; the situation remains in place at the date the accounts were prepared and could affect the group's operations there and general market conditions 1.
- Digitalisation and artificial intelligencemixed
Emerging technologies such as artificial intelligence are described as an opportunity to optimise processes, but they may also change the profile of certain technology and cybersecurity risks 1.
- Cost pressures and climateheadwind
Rising raw material prices and climate change may influence consumer demand and the supply of textile raw materials, while the transition to a low-carbon economy brings financial and reputational risks 1.
Competitive position
Competition turns on the ability to anticipate and respond quickly to fashion trends, as well as on brand positioning and the quality of the shopping experience. The annual report flags the risk that the company may fail to keep pace with market developments or with the new models customers want 1.
Differentiation depends on the integrated model, short reaction times and a global presence across multiple channels. The company regards these elements as advantages, but they do not guarantee results in the face of intense competition 1.
- H&M Hennes & Mauritz
Global fashion retailer with a presence in many countries; not US-listed, so the symbol is null.
- Mango
Spanish fashion brand with an international store network and a direct competitor in fast retail.
- Primark
British fashion retailer with a presence in Europe and a competitor in the affordable-price segment.
- Shein
Global online fashion platform and competitor in the digital channel and fast product cycle.
News & filings
In the press
- Oana Zara și Bogdan Medvedi au revenit în România după filmările Power Couple. Cum au fost primiți acasăLibertatea.ro · 25 Oct 2026 · RO
- FOTO Miliardarul din Zara, Amancio Ortega, cumpără o clădire emblematică în ChicagoProfit.ro · 15 Oct 2026 · RO
- As luxury fashion loses its shine, Uniqlo and Zara are winning over shoppersCNA (Channel NewsAsia) · 14 Oct 2026 · EN
- Uniqlo on track to overtake H&M, eyes Zara for global No. 1The Japan Times · 08 Oct 2026 · EN
- ZF IT Generation. Start-up Boost. Monica Zara, head of conference How to Web - conferinţa dedicată ecosistemului de start-up-uri tech: Peste 150 de investitori cu focus pe Europa de Est şi peste 300 de start-up-uri vin la ediţia de anul acesta. Mulţi investitori sunt la nivel de partener în fonduri, ceea ce scurtează discuţia cu fondatorii cu circa trei luniZiarul Financiar · 05 Oct 2026 · RO
- FOTO Scandal la Zara. Obligată să retragă de la vânzare un costum de Halloween. Nu e prima dată când Zara este criticată pentru produse asociate cu nazismulProfit.ro · 03 Oct 2026 · RO
- Zara a retras de pe piaţă un costum de Halloween pentru copii, asemănător cu uniformele din lagărele naziste. „O idee de coşmar”Adevărul · 03 Oct 2026 · RO
- Zara retrage un costum de Halloween care seamănă cu uniforma din lagărele de concentrareZiarul Financiar · 03 Oct 2026 · RO
- Zara retrage de la vânzare un costum de Halloween care seamănă cu uniforma purtată de deținuții din lagărele de concentrareHotNews.ro · 03 Oct 2026 · RO
- „O idee de coşmar.” Zara retrage de la vânzare un costum de Halloween care seamănă cu uniforma din lagărele de concentrareDigi24 · 03 Oct 2026 · RO
- Zara retrage de la vânzare un costum de Halloween care seamănă cu uniforma din lagărele de concentrareMediafax · 03 Oct 2026 · RO
- Zara a retras de la vânzare un costum de Halloween care semăna cu uniformele din lagărele nazisteAntena 3 CNN · 03 Oct 2026 · RO
- Zara retrage de la vânzare un costum de Halloween care seamănă cu uniforma din lagărele de concentrareG4Media · 03 Oct 2026 · RO
- Terrible idea or major coup? Galliano’s Zara collection launches after Met controversyThe Guardian World · 01 Oct 2026 · EN
- Zara Larsson fick pris på MTV - galanSurge — GDELT DOC · 28 Sept 2026 · RO
- Därför saknades Zara Larsson på VMA - galanSurge — GDELT DOC · 28 Sept 2026 · RO
- Zara Larsson Talks Creative Control and Her New Era in AllureSurge — GDELT DOC · 24 Sept 2026 · RO
- Zara Larssons vilda tankar på flyget : KåtSurge — GDELT DOC · 24 Sept 2026 · RO
- Zara Larsson Put Her Spin on Pink Hair for the Allure Cover See the PhotosSurge — GDELT DOC · 24 Sept 2026 · RO
- Zara Larsson turns heads in a daring sheer minidress as she steps out in New York after chat show appearanceSurge — GDELT DOC · 24 Sept 2026 · RO
Annual reports (ESEF)
- Annual report 202620 Oct 2026
- Annual report 202508 May 2025
Sources
- [1] Annual report, fiscal year ended 2026-01-31 (ESEF) · SEC / INDUSTRIA DE DISEÑO TEXTIL, S.A. · 31 Jan 2026
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.