So why did I sell part of the position on $ITX.MC (Inditex) ( etoro.tw/3oQe6nJ ) ?
I decided to reduce the company's share in the portfolio, because in the long term, the growth of the stock price of this company and even the stability of its dividends may be obstacles that are not related to... Show More
Inditex serves an entirely different segment than Kering and LVMH. Zara and Pull & Bear are not in the same category as Gucci, Dior, Louis Vuitton. Zara is more like premium, as in elegant but not overly expensive , but Kering and LVMH is more luxury,elegant and expensive. So their buyers are different... Show More
The key question is, at what price are Inditex S.A. products sold and will this company be able to raise prices in the future without reducing sales volumes?
I believe that if a company starts positioning itself as a seller of inexpensive goods, it will be difficult for it to raise prices and, consequently,... Show More