Editor’s note: This article was first published in August 2010 as a news item. The online store was due to open on 2 September 2010, and the expansion into Australia and South Africa and the figure of more than 1,400 Zara stores in 77 countries are 2010 data.
There’s no doubt that Inditex is taking over the entire global textile market. Inditex recently announced its expansion into Australia and South Africa. Now Amancio Ortega’s group has announced the launch of its first online store.
The launch is scheduled for 2 September, and the group will go online with its flagship brand, ZARA. We don’t yet know what the purchase terms will be or which countries it will ship to, but there’s no doubt it will make the group even more profitable.
This decision, together with its expansion into new markets, has made investors even keener on Inditex; some of them believe that today Inditex is synonymous with success and the future.
ZARA currently has more than 1,400 stores in 77 countries, and the Inditex group also owns eight other clothing brands, such as Stradivarius, Massimo Dutti and Zara Home.
An example of how the crisis doesn’t hold back a growing business.
Further reading
- The only secrets to getting rich
- How to be a successful businessperson
- The entrepreneur’s mindset
- How to overcome the fear of starting a business
Featured image: Nick-D, CC BY-SA 4.0, via Wikimedia Commons.
