ZARA store in China over 60

INDITEX has more than 60 stores, including the ZARA brand, more than double the number in 2008. INDITEX, the global leader in ZARA, a fast fashion leader in the world, has announced that INDITEX achieved sales of 7.759 billion Euro from January to September this year, an increase of 8% over the same period of last year (excluding exchange rate Factor), INDITEX said that China has more than 60 stores and will expand to second-tier cities such as Harbin and Kunming. In addition to its sales, INDITEX also released its gross profit for the first nine months of this year. According to its financial reports, INDITEX achieved a gross profit of Euro 4.43 billion, an increase of 5% over the same period of last year. Its gross profit margin decreased slightly from the same period of last year. From 57.6% last year reduced to 57.1%. INDITEX continues to rapidly expand its stores in China. This year in Beijing Wangfujing Street flagship store opened, INDITEX ZARA brand, including the number of stores, including more than 60, compared with 2008, the number more than doubled. According to the 2008 Annual Report, the total number of stores in the Chinese market ZARA is 27, while the number of newly opened stores in the year was 13, with at least 33 newly opened in the first 9 months of this year. As of October 31, INDITEX opened 266 new stores worldwide and the number of stores worldwide reached 4,530. The number of newly opened stores in China accounts for about 12% of the total.

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