A Very Slight Miss for Inditex 9-Month Sales

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Dec. 11 (Bloomberg) –- Bloomberg’s Jonathan Ferro reports earnings for the world’s largest clothing retailer. He speaks to Anna Edwards and Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Ditex earnings have just been released.

David tweed is standing by in berlin.

European business correspondent has the latest.

Barclays african unit is revamping its operation.

Let's get to the breaking news.

The spanish retailing giant is telling us.

It is a very slight miss.

The estimate was for 12. if you looking at profitability, that is promising.

They in the quarter with 6200 49 stores.

The majority of those are in spain.

When we talk about inditex , we are talking about the likes of zara, you get the designs off the paper and onto the manikin into the shopping bag in a matter of weeks while the competitors take a matter of months.

I like the way john looks at me.

We talk every morning about fast fashion.

For decades, they have been studied.

It will be interesting to see what happens when they push into china.

The distribution hub, the secret has been about centralized distribution.

Everything goes back to spain, doesn't it?

Ask china is doing pretty well -- china is doing pretty well.

They barely feature on u.s. streets.

You walk into zara, it is very small.

It is going to be a big challenge for them.

A post of above 10%. some big years, profits up 22%. we will talk about this

This text has been automatically generated. It may not be 100% accurate.


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