Inditex reported in 2013 a turnover of RON776.5 million (EUR175.7 million), up 16% from RON671 million (EUR150.6 million) a year earlier, and a 12% higher net profit, from RON97.2 million to RON109 million.
Thus, both the turnover and profit growth rate were cut to half on the year, as turnover rose 30% in 2012, while the profit rose 20%.
The retailer operates 98 stores in Romania, under the brands Zara, Zara Home, Bershka, Pull&Bear, Stradivarius, Oysho and Massimo Dutti. Last year, all its seven brands registered higher sales and profit. The highest profit increase was reported by Bershka, of almost 64%, generated by its 19 stores, while Stradivarius registered the lowest profit, down by 34%.
Almost half of Inditex’s local turnover and profit was generated by the 21 Zara stores, which registered sales of RON377.3 million in 2013, up 13.5% on the year, and net profit of RON54.3 million, 5.6% higher on the year.
Inditex is present in almost 90 states and has a network of over 6,340 stores. It registered sales of about EUR16.7 billion last year and net profit of EUR2.4 billion.