Zara to launch its online platform in India this year
July 26, 2017
Zara will start its own e-commerce store in India from October this year.
In a recently-concluded Annual General Meeting in Spain, Inditex has revealed its plan to launch online store for its brand Zara in India from October this year, as part of their ongoing international expansion of its integrated store model. The company has also declared its plan to stay true to sustainability and people-focused approach all along the value chain and a robust integrated online-offline store model.
Inditex's Chairman and CEO Pablo Isla also sought to underline the Group's commitment to investment, flagging capex of €1.43 billion in 2016 to put the total at over €7 billion during the last five years. “Of this total, more than €1 billion has been earmarked to technology upgrades over the same time frame,” Isla mentioned.