(Bloomberg)– Spain’s Inditex SA, No. 500 in the News Zara opens a high-tech omnichannel store
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Zara plans to go worldwide with e‑commerce
The objective indicates doubling Inditex’s worldwide footprint, as it now has stores in 96 nations and e-commerce in about half of those. The merchant is setting the goal amidst growing financier concern about more powerful competition from upstart competitors and as web sales threaten to deteriorate revenue margins. Morgan Stanley experts cautioned last week that the business has gone from excellent to good, and Credit Suisse today said the growing shift to online sales isn’t as beneficial for Inditex as traditional store expansion.Isla’s comments
are an unusual statement for Inditex, which prevents setting big objectives or making detailed discuss its outlook. Still, the statement does fit with the merchant’s increased focus on web operations and its financial investments in technology, varying from applications to track stock to virtual truth in dressing rooms.
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