Four Fast Fashion Brands 2016 Latest Quarterly Results

　　 Zara Parent company Inditex

Zara parent company Inditex group's net profit in the first quarter increased 6% over the same period last year, mainly due to the steady growth of the company's sales. In the first quarter ended in April 30th, Inditex net profit rose to 554 million euros from 521 million euros a year ago. The company's quarterly revenue increased 12% to 4 billion 880 million euros over the same period last year. The appreciation of the euro has led to a 5% drop in sales of Inditex in some European markets.

H&M (Hennes&MauritzAB)

　　 H&M (Hennes&MauritzAB) the exchange rate loss resulted in a 30% drop in first quarter profits. The net profit in the first quarter of three months was 2 billion 550 million Swedish kronor ($313 million), compared with 3 billion 610 million Swedish kronor last year. Over the same period, sales rose slightly, excluding VAT, rising from 40 billion 300 million kronor to 43 billion 700 million kronor. As of February 29th, H&M has operated 3970 stores, an increase of 419 stores compared with the previous year.

Fast Marketing Company (FastRetailing)

Management Casual wear Chain store "UNIQLO" and other fast selling companies (FastRetailing) issued the 2015 financial year semi annual report, affected by the poor performance of UNIQLO, net profit fell sharply by 55.1% compared with the same period last year, only 47 billion yen. This is the first time in the past 5 years that net profit has declined for the first half year. This year's January winter clothing price promotions and other measures to increase sales revenue by 6.5%, reaching 10116 billion yen.

GapInc

GapInc reported that the first quarter of the company recorded a surplus of US $127 million, which recorded a total revenue of US $3 billion 440 million.