Vishal Fabrics Limited saw fabric production at its manufacturing plant in Dholi, Gujarat jump 20 percent, increasing from 55 percent in the second quarter of fiscal 2019 to 75 percent in the current second quarter.
Inditex continued to go from strength to strength in the latest quarter and first nine months of its financial year as its omnichannel strategy and focus on stores in the best locations paid off for all brands.
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.
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.
Massimo Dutti has relaunched its fragrance offer with a more premium look, underlining the Spanish group’s ambition to tap into this thriving market. All Inditex brands, except Uterqüe, now have their own fragrance.