Find in the news:
BY COUNTRY

Inditex Group overcame the pandemic crisis through innovation



The last two years have been the culmination of the integration of the physical and digital worlds.
Inditex Group overcame the pandemic crisis through innovation

Spain's Inditex Group, the world's largest fashion retailer by revenue, was able to overcome the pandemic crisis and restrictive measures around the world through innovations that have been developed over the past decade. 

According to the Financial Times, the innovations in Inditex's portfolio were implemented just in time for the arrival of the pandemic, which changed consumer behavior around the world. 

The successful integration of an online store with more than 6,000 retail outlets around the globe resulted in Inditex being able to sell merchandise amid the crisis when retail was effectively shut down on both sides of the ocean. 

After passing the peak of the recession, the owner of Zara, Bershka, and Oysho has seen their net profits grow by stepping up their drive to integrate online shopping with traditional retail channels. 

"We've been working on integrating the physical and digital worlds for years. The last two years have been the culmination of this process, but also its acceleration," commented Pablo Isla, Inditex executive chairman. 

Experts note that Inditex is far from the only player in today's fashion retail market, rapidly developing digital services into a pandemic. Although some analysts believe that in the fight against the online fashion market giants, which are capturing more and more share, Inditex will have to transform its model drastically, initially focused on trade through retail stores. 

It is noted that the owner of Zara is actively using RFID tags hidden in the security tags on clothing in its operations. Today, operating with more than 1 billion articles in total, Inditex has about 300 million devices that allow it to track the location of all the company's products until they fall into the hands of customers. The devices ultimately provide the retailer with invaluable information and allow the 6,650 stores to act as mini-warehouses that can be used to ship orders. 

The system was successfully implemented across the entire chain of Zara, Stradivarius, and Pull&Bear, allowing the company to achieve significant growth in online sales during the crisis. At the end of last year, the share of revenue through online channels reached a record 32% in the Inditex portfolio, having increased for the year by 18 %. 

More about shopping malls in Spain



TODAY, Spain:
The new store on Paseo de Gracia reflects the brand's British style
DAY BEFORE YESTERDAY, Russia:
The third quarter was strongly influenced by the decision to cease sales in Russia and the subsequent closure of the business.
Sep 28, 2022, United Kingdom:
IKEA cooperates with British grocery giant Tesco, launching a new service.
Sep 27, 2022:
McDonald's Japan has been raising prices on about 60% of its products since September 30.
Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Friend
and Follow
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us