Inditex, The World's Largest Apparel Retailer, Is Slowing Down In China.
According to the United States, Spain is quoted as follows:
Zara
The largest parent company in the world
clothing
After breaking through 500 stores in China, the retailer Inditex intends to slow down its expansion.
Despite the slowdown in China's economic growth, its market potential remains unchanged.
Inditex
It has strong attraction.
At present, the company is already in Shanghai.
Beijing
The 60 Chinese cities, including Hongkong, have opened stores, and will focus on opening flagship stores in the future and redesign existing stores.
In the past 3 years, Inditex has opened more than 110 stores in China at an alarming rate of expansion, including 44 new stores in 2014 alone. However, only 8 stores were opened in the first quarter of 2015, and the speed has slowed down.
In 2014, Inditex also sold its brand clothes to Chinese consumers through the online shopping platform of Alibaba group B2C online (B2C) (TMall.com).
Inditex's brands include Zara, Stradivarius, Pull&Bear, Bershka, Massimo Dutti, Oysho and Zara Home, which achieved net profit of 2 billion 500 million euros in the first quarter of 2015, and sales increased by 8% over the same period last year.
Last year, Inditex opened more than 300 new stores in 54 countries around the world and provided over 8000 jobs.
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