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.
The Spanish apparel giant is committed to a global transformation strategy aiming for full sustainability by 2025. By 2020, all of its stores will be eco-efficient and will completely eliminate the use of plastic bags.
Spanish fast fashion retailer Zara saw its net profits in India drop by 13.4 percent during the 2019 financial year to Rs 71.49 crore ($10.75 million) although revenue had increased by 17.7 percent to Rs 1,438 crore.