Inditex exits the Russian market and the inflation is difficult, and the global price is 5%!

According to data, 2021 ZARA Master InditEx Group almost all the business of the first year of the first year. Intidex reached 27.716 billion euros in 2021 (January 31, 2022, 2022) reached 27.716 billion euros, an increase of 35.8% over the previous year. Although the Inditex Group successfully overcomes the impact of the epidemic on its business, the company said that the epidemic is not the only difficulty.

The Russian conflict upgrade led to the Inditex Group closed its two important markets, and the War closed the Ukrainian store and suspended in Russia. So far, 502 stores have been closed, and the impact of the Russian market on its business is closed.

On the other hand, due to rising raw materials and energy prices, global production costs have risen, and the inflation of many countries is more serious. For the above, Inditex represents the necessary adjustments to protect the profitability. In Spain, Inditex expects part of the price of some of the products this summer to rise by 2%, and the average of 5% in the world.


Post time: Mar-18-2022