The Spanish textile company Inditex has shown signs of dominant growth. Expansion throughout emerging economies, where a growing middle class is buying clothes to wear to the office, is the company's calling card recently.
Their success could land them in the EuroStoxx 50, the stock market index that recognizes the biggest European companies. Appearing on this major index could increase the Spanish textile company's visibility among investors and will oblige number of funds that track this index to include them in their portfolios. Investments in the company could spike by 900 million euros.
Further, the stock is peerless among its European competitors, which could be an added bonus, especially given Inditex's rate of expansion via emerging economies and internet sales.
