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Industria De Diseno Textil (FRA:IXD2) Accounts Payable & Accrued Expense for Financial Companies


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What is Industria De Diseno Textil Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Industria De Diseno Textil Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Industria De Diseno Textil SA (FRA:IXD2) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Edificio Inditex, Avenida de la Diputacion, Arteixo, ESP, 15142
Inditex is a multibrand fashion conglomerate founded in 1985. Flagship brand Zara (including Zara Home) generates just over 70% of revenue and profits. Other brands include Pull&Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho. The company operates through 5,600-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 19% each. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.