The expansion and growth of the Spanish company Inditex has placed them on the spotlight within the commerce sector. In spite of the bad forecasts, the company that owns brands such as Zara, Uterqüe, Bershka and Pull & Bear, greatly exceeded its 2017 goals.
In a press release, the company stated that when it closed its fiscal year of 2017, it exceeded its turnover by 9% with a net result above 7% of sales. Inditex closed 2017 with 25.3 billion euro in sales. Also, the company said that the growth was not only physical but also online, because “the company’s sales grew by 41% through its online platforms, representing 10% of their total sales, and 12% of the online market.”
The leading fast-fashion company made clear that part of its expansion strategy is the opening of stores worldwide.
In 2017 alone, the company opened 183 new points of sale in different geographical regions. Also, the news site on fashion and trade, Modaes, said that Turkey was one of the key countries for the opening of establishments for Inditex, with 35 stores opened last year. Mexico comes second with 32 and Italy third with 19.
With a total of 392 sale points in Mexico, our country is positioned as the fifth most important market for Inditex. Italy has 396 stores in operation, Russia 549, China 638 and of course Spain features 1,688.
In 2017, the Inditex Group launched 32 establishments in the national territory and it is still waiting for new openings this year to add to the 7,475 stores registered worldwide.
more recommended stories
New Chichén Itzá virtual tour
Google digitized several historical landmarks and.
OPINION: Campaign against “Noise” in Mérida Centro could have an electoral purpose
According to medium.com, the conflict generated.
3 Mexican film students caught in gang turf battle end up murdered
Three vanished film students whose case.
Chichen Itza and beyond: Mayan ruins in Yucatan, Mexico
According to CNN, Mexico is the North.
Vegans make public demonstration in downtown Merida
On Saturday April 14, activists of.
Valladolid highlights the wealth of Yucatan
The artisanal, cultural, gastronomic, architectural and.
Cuxtal Ecological Reserve: a place to spend a fantastic weekend with family and friends
The city of Mérida has a.
“I would like to see a safer Mexico”, Roberta Jacobson
“The bilateral relationship of Mexico and.
La Plancha, a historical opportunity for “La Blanca Mérida”
Residents of the neighborhoods near to.
Relatives of the 43 of Ayotzinapa face Mexico City police near Los Pinos
On April 24, relatives of the.