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Inditex, the fashion conglomerate behind Zara and other popular brands, presents its annual financial results with positive online sales.
The company plans to invest €1.1 billion this year to support its integrated, digital and sustainable business model.
Photograph of a Zara store. In the past year, Inditex's online sales grew by 14%. Photo: Inditex.
03/22/2022
Inditex, the fashion conglomerate that owns popular clothing brands such as Zara,Massimo Dutti, Bershka, Oysho, and Pull&Bear, has announced its annual financial results. These results indicate that the company's online sales are thriving and effectively complementing its brick-and-mortar retail operations.
Presently, Inditex operates a total of 382 stores in Mexico, including 80 Zara outlets and 73 Bershka locations.
The company's strategic approach is rooted in an integrated, digital, and sustainable business model. To support this strategy, Inditex has allocated a substantial investment of €1.1 billion for the current year.
By embracing this model, the company aims to achieve a remarkable milestone: 30% of its total sales derived from online channels by the year 2024. Furthermore, Inditex envisions that by 2022, all of its stores will operate solely on renewable energy.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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