Zara Will Not Be Disgraced.

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< p > the world's largest fast fashion group Inditex SA (ITX.MC) has its face swept away. Its headquarters in the Spanish market is the largest a target= "_blank" href= "http://www.91se91.com/" > dress "/a" retail brand was picked up by British cheap fast fashion retailers.

John Bason, chief financial officer of Primark parent Associated British Foods PLC (ABF.L), has been interviewed by the media after the three quarter earnings report, saying that Primark has surpassed the world's largest fast fashion group Inditex (SA) brand in terms of revenue and brand in the Spanish market.

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< p > John Bason indicates that the three quarter sales in the same market in the Spanish market increased by 10%. Primark

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< p > Inditex SA (ITX.MC) as of January 2014, 31 in the 2013 fiscal year, there were 1858 stores in Spain, including Zara323, Zara Kids 131, leisure brand Pull &Bear 262, mid-range brand Massimo Dutti 232, underwear brand 185, teenage clothing brand 256, 294 294, high-end brand 32 32, and 2007 in the Spanish market in the country with only 256 stores, it can be seen in the economic downturn.

As we all know, Greece and Spain and Italy are the worst economies in the past few years. The Inditex SA Spain's domestic market has been depressed, and Primark has a price advantage.

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< p > according to the data of no fashion Chinese network, the total revenue of Inditex SA in 31 fiscal year ended January 2014 was 16 billion 724 million euros in 2013 fiscal year, of which, although the number of stores in the Spanish market occupied about 30%, its revenue accounted for only about 20% euros.

In contrast, Primark realized total revenue of 4 billion 273 million pounds in the fiscal year ended September 14, 2013, but its total number of stores was only about 250 in the 2012/2013 financial year.

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< p > Associated British Foods PLC (ABF.L) released the three quarter earnings report last week, showing that Primark sales increased by 19%, the growth rate was 22% under the constant exchange rate, and the operating margin was maintained in the first half of the year.

In the three quarter, Primark same store sales rose 8% compared to the same period. As of June 21st, the total number of Primark stores reached 275, and the retail sales area exceeded 10 million square feet.

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< p > media reported that "a href=" http://www.91se91.com/news/index_f.asp "Primark" /a "plans to advance to Italy in the end of 2015 and continue to expand its retail territory. Primark first entered France in December last year and has opened two stores. Its initial results are encouraging. The brand has already rented about seventy thousand square feet of sales space in the center of Boston. It is expected to open at the end of 2015, and plans to open more stores in the northeast of the United States before 2016, while building an independent US storage system.

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