Previous Close | 27.61 |
Open | 27.90 |
Bid | 27.74 x 40000 |
Ask | 27.83 x 40000 |
Day's Range | 27.68 - 27.90 |
52 Week Range | 20.13 - 30.11 |
Volume | |
Avg. Volume | 183,331 |
Market Cap | 173.717B |
Beta (5Y Monthly) | 1.08 |
PE Ratio (TTM) | 29.20 |
EPS (TTM) | 0.95 |
Earnings Date | Dec 11, 2024 |
Forward Dividend & Yield | 0.83 (3.01%) |
Ex-Dividend Date | Nov 01, 2024 |
1y Target Est | 34.20 |
Zara owner Inditex has sharply increased its use of air freight to bring clothes from factories in India to its logistics hub in Spain to avoid shipping delays, according to trade data, industry experts, and investors. The shift raises questions about how the world's biggest listed fast-fashion retailer is progressing towards its target of slashing by half its "Scope 3", or indirect, emissions, as air transport produces significantly higher carbon emissions than shipping. Unpublished data and analysis shared with Reuters on Inditex's shipments from India and Bangladesh, two of its major supplier countries, offer a close-up look at such a shift and its repercussions for the fashion industry's climate goals.
It's a rare victory for the union Birtek-Sen, which was less successful in persuading Levi Strauss & Co. to drop a different Turkish manufacturer.