Inditex, which owns Zara, is one of the world's lading fashion retailers.
Inditex's local sourcing model and online/offline integration helps the firm grow ~10% p.a. and it offers a healthy 4% dividend yield.
Sep 15, 2019Inditex is a great business that’s most well-known for its Zara brand of clothing stores. Inditex was one of the creators of the fast fashion concept from both the customer side – Zara’s clothing is on season and designed to last just that season – and from the supply side by sourcing clothing from cheaper locations within Europe, rather than from Asia. Inditex’s local ...
Jul 1, 2019Our portfolio’s recent volatility has caused us to re-evaluate all positions and adjust the balance of our investments. We’ve decided to focus more of our capital on owning stable, high quality businesses with good growth and reasonable valuations, and we’re adding four companies with these attributes to our portfolio: Adobe, Amcor, Inditex & Union Pacific. Going forward ...