You are here: Home » International » News » Companies
Business Standard

Owner of Zara, Indiatex to make all its brands available online by 2020

Inditex sells brands including Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterque across its network of almost 7,500 physical shops

Reuters  |  Madrid 

Zara logo
The logo of a Zara store, an Inditex brand, is seen in central Madrid, Spain. Photo: Reuters

Inditex, the world's largest retailer and owner of the chain, said on Tuesday it would sell products from all its brands on the Internet around the world by 2020, including in markets where it does not have any stores.

Faced with younger, online-only merchants like and Missguided, the Spanish company which pioneered the fast-concept in the 1980s is developing new technologies, pairing up with tech firms and testing new ways of handling stock.

told reporters in that a system whereby could be covered with store inventory would be extended to all 96 countries where it has physical stores.

sells brands including Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterque across its network of almost 7,500 physical shops. It operates online in 49 markets.

"We want to make our collections available to all our customers, wherever they are in the world," Isla said, quoted in a statement. "Even in those markets which do not currently have our bricks-and-mortar stores."

jumped 41 percent in 2017 to reach 10 percent of group net sales, although this left it behind some rivals. Sweden's makes close to 12 percent of

stock plunged more than 5 percent on the bourse last week after cut its recommendation to "underweight", citing sensitivity to currency movements and shifts in sales channels.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, September 05 2018. 08:05 IST
RECOMMENDED FOR YOU