Market Wrap - Stock pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex as his stock pick of the day.

"I'm going with Inditex, they have a number of brands of which the most well known is Zara. They have a very good model in terms of their fashion procurement and design and their lead times are very short compared to some of the other retailers. They're also on the front foot in terms of the online business and trying to shift the bricks and mortar sales to online."