Inditex Achieves Strong First Quarter with Strategic Digital and Physical Expansion
Zara's parent company reports increased revenues and profits, driven by a balanced approach to online innovation and retail growth.
- Inditex's first-quarter revenues rose by 13% to €8.21 billion, with net income up 26% to $1.4 billion.
- The company's digital investments have enhanced consumer interactions and operational efficiency.
- Despite digital advances, Inditex continues to expand its global retail network, opening new stores and revamping existing ones.
- Inditex's livestreaming efforts in China are set to expand to the UK and US, enhancing customer engagement.
- The company plans to invest $1.9 billion over the next two years to further improve logistics and expand its store network.