Zara continues to be the group’s largest brand, while Stradivarius and Uterqüe are the fastest-growing formats. FashionNetwork.com takes an in depth look at brand performance and Inditex’s long-term vision.
Inditex has seemed unstoppable for years and its results on Wednesday showed no sign of that changing any time soon. The fashion retail giant reported H1 sales growth of 7% with new revenues and profits records.
After Shanghai and Paris, the label chose its flagship store on Paseo de Gracia as the ideal location to present its latest Autumn/Winter collection. The exclusive event was held in partnership with Kate Bosworth.
Eguirón, who has been serving as managing director of Zara in Belgium and Luxembourg for the past four years, replaces Beltrán Espinosa de los Monteros in the role of chief financial officer of Stradivarius.
El Corte Ingles is now the largest online retailer in Spain after Amazon and Alibaba. The Spanish retailer will open an official flagship store on Tmall, the e-commerce platform run by Alibaba, by the end of the year.
Inditex is another of the big winners in global fashion retail and while its sales and profits increases may not always match analysts’ lofty expectations, it's a consistent performer as it continues to expand globally.
After the group’s online sales hit 3.2 billion euros in 2018, Inditex is preparing for the future with a new global store model that removes the barriers between brick-and-mortar retail and e-commerce.