Spain'S Inditex Turnover Ranks First In Global Fashion

< p > Spanish Inditex turnover ranks first in the global fashion. According to the Spanish Cinco D as daily reported in March 20, 2013, Inditex group president Pablo Isla announced that the group's (2013) annual profit amounted to 2 billion 377 million euros, up 1% compared to 2012, and the dividend increased by 10% in 2014. The group's turnover was as high as 16 billion 724 million euros, compared with rival H&M (2013), the profit amount was 1 billion 945 million euro, and the total sales volume was more than 14 billion 548 million euros, leading the global fashion "a", "H&M", "the" "clothing".

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In 2012, when p group achieved 16% of its turnover growth and 22% of its profit growth, Pablo Isla, the president of the group, did not dare to be complacent. To (2013) if the fixed exchange rate is calculated, the turnover growth can be increased to 8%. The canal also points out that the group has invested a lot of efforts in the exhibition strategy and the promotion of employment, "said Inditex.

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(P) to (2013) Inditex invested 1 billion 240 million euros in Spanish headquarters to expand business area, and this year will continue to set up 500 new stores worldwide. In 2013, Inditex employs 128 thousand and 313 employees worldwide, including 4 employees in Spain, an increase of 800 employees compared with the previous year.

Despite its brilliant performance, the group has no new brand plan, and develops new markets and shops through existing brands such as Zara, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Uterq u and E.

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The business performance of < p > 2013 a href= "//www.sjfzxm.com/news/index_s.asp" > Inditex < /a > was similar to that of Spain's economic development. The turnover in the first half of the year fell by 4%, and it rose 3% in the second half of the year.

The president of Pablo Isla believes that the Spanish market was affected by the increase in the value added tax (IVA) and the overall recovery in the second half of the year. In September, the economy was expected to recover. In December, it was confirmed that its growth in the second half of the year was 3%, and the recovery trend was confirmed at the beginning of 2014.

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< p > due to the lack of "a href=" //www.sjfzxm.com/news/index_p.asp "Spain" /a "overall tax information, at present, the president of the group can not put forward that the business tax payable in 2013 will account for the proportion of the national business tax, but the business tax paid in 2013 will account for about 2% of the country's total revenue.

In 2013, Inditex paid a total of 821 million euros in business tax, social security and import duties, an increase of 8% compared with 2012. In 2013, the tax burden on Inditex in Spain was 27%, while the global average tax burden was 24%, lower than that in 2012.

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