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.
Inditex’s Zara has seen its UK profits falling even though sales there have continued to rise. Full-year 2018/19 sales rose around 10% to £772.5m, but profits were halved as selling and distribution costs rose 7%.
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’s Pull&Bear brand is upsizing its presence at Liverpool One to introduce its new 18,1 concept. The larger 10,118 sq ft shop will be situated on upper South John Street and feature an interactive catwalk.
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.