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Inditex to sell all brands online globally by 2020


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Inditex to sell all brands online globally by 2020

Spain-based fashion retailer Industria de Diseño Textil SA, which owns clothing companies like Zara and Bershka, will sell products from all of its brands online globally by 2020.

According to a Sept. 4 release, Inditex CEO Pablo Isla told reporters at a meeting in Milan that the company will make its products available to customers worldwide, even in markets where the retailer does not have a physical presence.

Inditex's online sales grew 41% to €2.53 billion in fiscal 2017, accounting for around 10% of the company's total revenue.

Isla said that all of the company's brands will adopt an integrated stock management system by 2020 in all countries where they have brick-and-mortar stores.

The system, which makes it possible to ship online orders directly from stores, is already being used in Zara locations across 25 markets, including Spain, France, Italy, China, the U.S., the U.K. and Mexico.

The apparel retail group launched online sales for Zara in Australia and New Zealand during the previous quarter. Its fashion accessories brand Uterqüe also recently debuted in China via Alibaba Group Holding Ltd.'s e-commerce platform Tmall.

In the same release, Inditex said it also plans to run all of its stores under its eco-efficiency plan, which delivers energy savings of 20% and water savings of up to 50% compared with traditional stores, by 2020.