Ecommerce accounts for 10% of Inditex’s sales
Spanish fashion giant Inditex says online sales now account for 10 percent of its global total. In 47 markets around the world, Inditex has one or several ecommerce platforms available and these online sales increased by 41 percent compared to last year.
Inditex CEO Pablo Isla shared these numbers during the annual general meeting at the company’s headquarters in Spain. “All of Inditex’s brands benefit from a robust integrated store and online platform”, he said.
Extending the brands’ online presence
Aside from the physical retail space that increased, by 7.4 percent, the multinational clothing company also focused on extending the online presence of its brands, such as Zara, Massimo Dutti and Pull&Bear. An online store of Zara for example was launched in India, Thailand, Malaysia, Vietnam and Singapore last year, while the online fashion retailer will launch ecommerce websites in Australia and New Zealand later this year.
In 2017, Inditex Group generated a total revenue of 25.34 billion euros, of which ten percent happened through the online channels.