Uterque Archives - Inside Retail Asia
Zara growth is slowing substantially and analysts fear worse is to come.
Clothing retailer says it would sell products from all its brands on the Internet around the world by 2020.
Zara sister label Uterque has opened a flagship on Alibaba’s Tmall to build brand awareness in China.
Inditex sales grew 14 per cent in the quarter to April 30, to €5.6 billion, underpinned by a solid business performance in all markets.
Inditex same-store sales and profit growth each increased by 5% in 2014.