Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Omnichannel focus drives growth at Inditex

Spanish fashion group and owner of Zara, Inditex, has posted a rise in sales and profits for the first nine months of 2018, with net sales up 3% to €18.4bn (£16.7bn) and EBIT up 3% to €3.1bn (£2.81bn).

The retail giant, which also owns brands including Pull and Bear, Bershka and Stradivarius, saw like for like sales in the second half of 2018 – to the end of November – grow 3%, despite unseasonable weather.

Inditex does not reveal figures for individual brands.

International expansion has been a focus for the retailer, particularly with Zara, which launched a global online platform this year. The brand sells in 202 markets worldwide.

The group as a whole opened locations in 51 markets during the period, with an increased focus on eco-friendly, tech-focused stores and digital integration of stock.

RFID technology is being rolled out across all products to enable online orders to be better fulfilled from stores, and automated pick-up points are now in place at some Zara stores, including Liverpool and Westfield Stratford in the UK.

Commenting on the results, Inditex chairman and CEO Pablo Isla highlighted both “the group’s strong business model, which continues to deliver solid structural growth in all markets, along with our constant focus on developing the integrated store and online platform through continued enhancement of technology and systems” as key to the group’s success.


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.