All Inditex brands to be selling online worldwide by 2020
Spanish fashion giant, Inditex, has announced that all of its brands, which include Zara and Massimo Dutti, will be sold online globally within two years.
The group's chairman and CEO Pablo Isla made the announcement at the re-opening of the Zara flagship on Corso Vittorio Emanuele in Milan.
"We want to make our fashion collections available to all our customers, wherever they are in the world," said Isla, "even in those markets which do not currently have our bricks-and-mortar stores”.
Isla also stated that all of the Group's brands, which also include Bershka, Pull & Bear, Stradivarius, Oysho and Uterque, will adopt the integrated stock management system by 2020 in all the countries in which there is a physical store presence.
This system makes it possible to fulfil online customer orders with store inventory. To date, integrated stock management is in place in Zara stores in 25 markets, including Spain, France, Italy, China, the US, the UK and Mexico.
It is enabled by RFID technology, which is already fully deployed at Zara and Uterqüe globally. The technology is currently being rolled out across the rest of the brands globally for completion across the whole group by 2020.
Inditex is also aiming by 2020 to have all of its stores around the world operating under its eco-efficiency plan, which delivers energy and water savings of 20% and up to 50% compared with conventional stores, respectively.