Zara unveils its first pop-up store designed for ordering and collecting of online order

Zara unveils its first pop-up store designed for ordering and collecting of online order

 

  • Temporary store at Westfield Stratford introduces innovative technology  while groundbreaking flagship store is refurbished and extended

Arteixo, Spain, 2018-Jan-29 — /EPR Retail News/ — Tomorrow Zara unveils its first store anywhere in the world designed primarily for ordering and collecting of online orders. The store will be open until May at London’s Westfield  Stratford  shopping centre, while the chain’s flagship store in the centre is refurbished and extended.

The flagship store is being doubled in size to 4,500 square metres. When it reopens in May, it will feature a radical new store concept with technology at its heart designed to transform the customer shopping experience.

The chairman and CEO of Inditex, Pablo Isla, stressed the relevance of both concepts, saying that they mark “another milestone in our strategy of integrating our stores with the online world, which defines our identity as a business”.

The pop-up store spans nearly 200 square metres and offers a select choice of women’s and men’s clothing for online purchase directly in-store, along with the rest of the brand’s extensive fashion range.

Store staff will be on hand with mobile devices to assist customers, who will be given the choice of receiving their orders within the same day, if placed before 2pm, or the next day, if placed in the afternoon. Payments are also made easier thanks to an innovative card terminal system operated via Bluetooth. The store will also facilitate returns and exchanges.

Among other innovations, this pop-up store boasts a product recommendation system based on information screens embedded into mirrors. Once customers scan an item using radio frequency identification (RFID) technology, the system can bring up, in the right size, multiple choices for coordinating and combining the item they are trying on with other garments and accessories.

Next week work will begin on expanding and refurbishing the existing Zara store in Westfield Stratford, which is due to re-open in May. The new store will stretch to 4,500 square metres and will be the first Zara store in the world to offer four sections: in addition to the traditional women’s, men’s and kids’ lines, Zara is adding a dedicated area for the collection of online orders, in keeping with the company’s online integration strategy.

This new concept attempts to further enhance the in-store shopping experience by adding new customer services. The store, which will feature a new interior design, will stand out for its two-storey façade without windows in the first floor, providing a transparent view of the store’s architectural features and collections. The glass façade on the second floor will be equipped with a number of sensors which will project images from the current collections onto the glass when shoppers approach it. It is also worth highlighting the back-lit ceiling designed to provide continuous and comfortable light.

The new store will feature an automated online order collection point serviced by two small warehouses which will enable shoppers to pick up purchases made on www.zara.com whenever it suits them. This system is designed around an optical barcode reader which scans the QR code or accepts the PIN codes received by customers when they place orders online. In just a few seconds, it delivers the order to a mailbox from which the customer can collect it. Behind the scenes, a dynamic robot moves through a small warehouse with the capacity to handle 2,400 packages simultaneously.

All this new technology is oriented towards creating a unique shopping experience in which the latest developments make  fashion trends stand out even more. Store customers will be able to pay using their mobile phones, via either the Zara app or the Inditex Group app, InWallet, and there will also be a self-checkout area to complement the regular cashier desks, which will speed up the payment process. This system will automatically identify the garments being purchased so that customers only have to confirm their items on a screen before using their card or mobiles to pay for them. Then they can choose to print out their receipts or store them automatically in their mobile handsets.

In keeping with Inditex’s eco-efficient store programme the Zara store in Stratford will also be equipped with smart systems for reducing emissions and saving energy.

Source: Inditex

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Inditex Group’s net sales rose by 10% to €17.96 billion in Q3 2017

  • The Group continues to develop its integrated offline-online platform, rolling out same-day delivery in six cities and next-day delivery in six markets, including Spain, France, the UK and China.
  • Inditex is deploying automated in-store pick-up points for online orders.
  • Store count reached 7,504 with a footprint in 94 markets, having opened its first stores in Belarus in the third quarter.
  • The Group’s retail brands opened new stores in 52 different markets during the reporting period, including in the US, Vietnam, China and Turkey.
  • The Group’s online presence reached 45 markets, following the launch of www.zara. com in India. Bershka’s online platform also went live in the US.
  • Net profit for the first nine months of the fiscal year registered growth of 6% to €2.3 bn.
  • The Group renewed its community investment agreements for emergency relief with Médecins Sans Frontières (MSF).
  • The third quarter was marked by the tenth anniversary of the Framework Agreement between Inditex and IndustriALL Global Union; a meeting took place with the International Labour Organization (ILO) to monitor the joint projects underway.
  • Store and online sales increased by 13% in local currencies between 1 November and 11 December 2017.

Key information

Arteixo, Spain, 2017-Dec-14 — /EPR Retail News/ — The Inditex Group’s net sales rose by 10% in the first nine months of fiscal 2017 – from 1 February to 31 October –, on top of the growth of 11% recorded in the same period of 2016, to €17.96 billion. Net profit was €2.3 billion, with year-on-year growth of 6%.

The Group’s achieved a strong operating performance in the period. It made further progress on the global roll-out of its fully integrated store and online model, whilst also continuing to bolster its strategy of opening and refurbishing flagship stores on the world’s busiest shopping streets and optimising its sales floor area.

Commenting on the online-offline model, the company’s Chairman and CEO, Pablo Isla, highlighted the “increasingly integrated management of the platform, which is translating into value-added customer services”. Isla highlighted services such as same-day delivery, -already on offer in Madrid, London, Paris, Istanbul, Taipei and Shanghai-, next-day delivery, -available in Spain, France, the UK, Poland, China and South Korea- and the rollout of automated in-store pick-up points for orders placed online. Also, remarked the simultaneous offline and online transition between collections, both between seasons and every fortnight when the various collections are refreshed.

International expansion

In the current reporting period, the Group continued to expand its integrated online-offline sales platform and its sales floor area increased across all geographies. During the first 9 months, Inditex opened 212 stores in 52 markets, increasing its global footprint to 94 markets, with the inauguration of a 4,000 square metre flagship Zara store, as well as Massimo Dutti, Pull&Bear, Bershka, Stradivarius, Zara Home and Oysho stores, in Minsk (Belarus) last August.

Inditex opened 74 stores in Europe, 48 in the Americas and 90 in Asia and the rest of the world, with all of the Group’s retail formats adding to their store counts.

As for the online platform, Inditex’s reach currently extends to 45 markets in the wake of the inauguration of Zara’s online operations in India in October. During the 9M17, Zara also launched online sales in Malaysia, Singapore, Thailand and Vietnam.

The period was also marked by the inauguration and expansion of multiple Zara flagship stores worldwide, including: the iconic 6,000 square-metre establishment at Castellana 79 in Madrid (Spain); Zara’s first street store in Bombay, which occupies 4,800 square metres in the emblematic Ismail Building; the new 2,200 square-metre Zara Cloud Nine store in Shanghai (China); and a 4,500 square-metre space in Hanoi (Vietnam). The last two flagship stores opened to the public in November.

Additionally, Zara also opened new stores in in the US, in California, New Jersey, Michigan and, most recently in Florida. In Canada, Zara recently opened stores in Toronto, Calgary and Halifax. Finally, Zara opened numerous high-profile stores in the Chinese cities of Harbin, Shenzen, Hangzhou, Chongquing, Yiwu and Shanghai.

Turning to store expansion and refurbishment, Zara reopened stores in the Marineda shopping centre in A Coruña (Spain) -equipped with one of the Group’s in-store pick-up points for online orders-; its flagship store in Seoul (Korea); Westfield Century City shopping centre in Los Angeles (US); Forum des Halles in Paris (France); Smáralind shopping centre in Reykjavik (Iceland); Avenida de Santa Fe in Buenos Aires (Argentina); in the Wanda and Sky Mall shopping centres in Shanghai (China) and on Corso Garibaldi in Regio Calabria (Italy).

These came on the heels of other flagship reopenings earlier in the year such as the refurbished 4,000 square-metre Zara Opera store in Paris (France) and the 2,500 squaremetre Zara Nagoya store in Japan.

Bershka, meanwhile, reopened its flagship store in the Tokyo’s Shibuya district on 15 September. The refurbished store has been updated to portray the brand’s newest image, embodied by the Stage concept, across 1,000 square metres over four floors which house the Bershka, Bsk and Man collections.

Bershka also opened high-profile stores in Bielefeld (Germany), Harbin (China), Bogota (Colombia) and the Mall of Egypt in Cairo (Egypt), a shopping centre in which Massimo Dutti, Oysho, Pull&Bear, Stradivarius and Zara Home also recently opened new stores.

Bershka also increased its online reach, launching its e-commerce platform in South Korea, Japan and the US. The US launch was accompanied by a pop-up store in the heart of New York’s SoHo district which is going to remain open until the end of December, showing the brand’s autumn-winter collections.

Massimo Dutti, Pull&Bear and Stradivarius opened their first stores in Vietnam, in Ho-Chi Minh City, while Zara Home inaugurated its maiden stores in Armenia and the Czech Republic, a market in which Oysho, also extended its footprint to Honduras during the quarter.

During the period, Massimo Dutti opened high-profile stores, in Baku (Azerbaijan); Hangzhou (China); Goyang (South Korea); Cracow and Wroclaw in Poland; and in the Torre Manacar shopping centre in Mexico D.F.

In addition, it reopened its stores in Ermou in Athens (Greece) and in the Sturegalleriaen in Stockholm (Sweden), following significant expansions. In addition, inaugurated a 1,500 square-metre flagship store in Valencia (Spain) and another one in Zurich (Switzerland) on 1 December. Massimo Dutti also updated its image at its store on Massira Al Khadra in Casablanca. The new image is true to the brand’s hallmark values: elegance, quality, sobriety and sustainability.

Pull&Bear, opened major stores in Moscow (Russia); Graz (Austria); the Loom shopping centre in Bielefeld (Germany); the Yiwu City Life Square shopping centre in Yiwu (China); Bogota (Colombia), Puebla (Mexico); Yogyakarta (Indonesia); Ra’anana (Israel); Lule (Portugal); Kiev (Ukraine); and two new stores in Istanbul and another in Bursa (Turkey). Pull&Bear also reopened and expanded existing stores including Porto Pi, Palma de Mallorca (Spain); on Île de France (France) and on Via Independenza in Bologna (Italy).

In addition to expanding its online platform to South Korea, Oysho opened a significant number of new stores in the quarter, including in the Wharf IFS shopping centre in Chongqing (China); the La Felicidad shopping centre in Bogota (Colombia); in the cities of Patras (Greece); Goyang (South Korea), Genoa (Italy), Moscow (Russia) and Turkey, where it opened three new stores between Istanbul and Bursa. It also expanded its Spanish flagship stores on Barcelona’s Paseo de Gracia and on Logroño’s calle San Antón.

Zara Home, welcomed its customers to new stores in Riad (Saudi Arabia); Las Condes in Santiago de Chile (Chile); and the Chinese cities of Hangzhou and Shenzhen. Other new establishments included those added in Goyang (South Korea); Cairo (Egypt); and Diezerstraat in Zwolle (Netherlands).

The home fashion chain also opened two stores in Poland, three in Turkey and new establishments in Punta Cana (Dominican Republic), Moscow (Russia) and Madrid (Spain). Zara Home refurbished and expanded its flagship stores on Grosse Bleichen in Hamburg (Germany) and in the W Shopping centre in Brussels (Belgium).

Stradivarius, meanwhile, opened high-profile stores in Poland – specifically in the Arkady Wroclawskie shopping centre in Wroclaw -, Motril (Spain), Palermo (Italy), Tangier (Morocco), Beirut (Lebanon), Puerto Vallarta (Mexico), Serris and Villeneuve la Garenne (France), the Binjiang Paradise Walk shopping centre in Hangzhou (China) and in the Hilltown shopping centre in Istanbul (Turkey).

Stradivarius reopened its flagship store in the emblematic Plaza de Lugo in La Coruña (Spain). This store, which spans over 600 square metres, reflects the brand’s renewed style and introduces genuine ash timber for the first time to complement the industrial characteristic of Stradivarius’s Cube stores.

During the quarter, Stradivarius also extended its store in Casa Fortuny in Villafranca del Penedés (Spain) and its premises in the Luz del Tajo and El Rosal shopping centres in Toledo and Ponferrada (Spain), respectively.

It is also worth highlighting the refurbishment work undertaken at the chain’s stores on Avenida de Viya in Cadiz (Spain) and in the Arcadia shopping centre in Warszawa (Poland).

Uterqüe continued to expand and renew its store network during the quarter, opening major stores in Moscow (Russia), Wroclaw (Poland) and Riad (Saudi Arabia). Uterqüe also entered new markets this year, including Romania for the first time. In parallel, the brand continued to execute on its plan to roll out its new store image to flagship stores such as the one located on calle Rodríguez Árias in Bilbao (Spain).

Commercial initiatives

The third quarter was once again marked by a plethora of commercial initiatives by all the chains. Zara collaborated with the prestigious photographer Steven Meisel on the images for Zara’s autumn/winter 17/18 women’s collection, inspired by all things British with a touch of the 90s, complete with classic pieces re-imagined for a feminine and sophisticated look. Zara also expanded the scope of its Join Life collections, launching men’s and baby ranges.

Massimo Dutti participated in the TMall platform’s Super Brand Day, creating a lookbook featuring the celebrity, Bosco Wong, and organising a catwalk fashion show.

Pull&Bear celebrated Marc Márquez’s victory in the MotoGP world championships by launching the second Marc Márquez X Pull&Bear collection, for which design the six-time world champion gets actively involved. This brand also launched its first complete line of women’s beauty products (eyeliners, eyeshadows, lip balms, face masks, nail polish, etc.) under the Hey Beauty! trademark.

Oysho went ahead with its Yoga Tour, organising events in Madrid and Istanbul in October. More than 3,000 people participated in the yoga master class given on Madrid’s Paseo del Prado.

The brand also launched its first ski collection, with premium finishes and performance fabrics. The ski jackets, made using a special waterproof, breathable fabric with added features hidden in the hood, are the star feature. The use of Thermolite® technology makes the more lightweight pieces warmer to wear.

Bershka launched its Misunderstood collection in collaboration with Italian singer Fedez, with 41 platinum and 20 gold releases under his belt. The collection, which went on sale on 6 October, and was available online and in select stores, drew from the retro 90s look and featured highly colourful garments inspired by the worlds of sports and tattoos. This partnership translated into a collection which represented the rap scene, as well as the brand’s youthful spirit.

Zarahome.com celebrated its tenth anniversary on 29 October and launched a their new image on Instagram. Uterqüe participated once again in the Gallery Weekend initiative which took place in Madrid from 14 – 16 September and in Barcelona during the weekend of 29 September – 1 October. The goal is to introduce the general public to contemporary art and promote the Madrid and Barcelona art scenes on the international stage. Uterqüe also extended its collaboration with the world of art by hosting exhibitions in its flagship store on Paseo de Gracia in Barcelona (Spain).

Sustainability

In line with its strategic goal to achieve a circular economy model, the Group continued to roll out its used-clothing collection programme in collaboration with various international NGOs. This programme is already fully operational in 562 stores in eight countries (Spain, Portugal, the UK, Ireland, Netherlands, Denmark, China and Sweden). Planning is in progress for implementation of the scheme in another 22 markets, with pilot tests underway in some of these, including Austria (four stores) and Canada (13 stores).

The Salta project

The Salta project, which is celebrating its tenth anniversary this year, was set up in France in 2008 – under the name of Jeunes [Youths] – with the aim of training and providing in-store work experience to people at risk of social exclusion due to serious difficulties in accessing the job market.

The chairman and CEO of Inditex, Pablo Isla, met with some of the ‘graduates’ of the programme to mark the occasion. The event was attended by members of the last group of participants and representatives from the prior 20 groups. To date the programme has helped 780 people to access work across the Group’s stores, factories and logistics centres; 67% of these youths are still working at the company and 7% have already been promoted internally.

Today the project is up and running in 12 cities under the name of Salta [Leap]: Barcelona, Madrid, Paris, Milan, Athens, Hamburg, Warsaw, London, Lisbon, Mexico City, São Paolo and New York.

Some 1,259 company employees have participated in the project as teachers, tutors or mentors. The endeavour has also boasted the participation of celebrities such as the French football side’s coach Raymond Domenech, the former cyclist Bernard Hinault, the mountain climber Edurne Pasaban, the painter Lita Cabellut and the dancer Nadia Adame, who shared their own experiences on how to overcame tough challenges. More than 40 charities have collaborated with the initiative, helping with the selection process, as well as training and subsequent monitoring of the participants once on the job.

‘for&from’ programme

Elsewhere, the Group has also continued to foster its ‘for&from’ programme this year, having opened a new ‘for&from’ Oysho store in Llagostera (Spain), which is being managed by the NGO, Moltacte. The new store is staffed with five people with different kinds of disabilities. With this newest establishment, there are now 13 stores within Inditex’s ‘for&from’ programme, which employs 151 people with different forms of disability.

Inditex, IndustriALL and the ILO

Inditex also celebrated another important tenth anniversary during the quarter: its Global Framework Agreement with IndustriALL Global Union, which represents over 50 million workers in 140 countries. During an event that took place at the Madrid head offices of the Economic and Social Council, the chairman and CEO of Inditex, Pablo Isla, and the general secretary of IndustriALL, Valter Sanches, reviewed the key progress made under this pioneering agreement, aimed to protect and promote labour conditions throughout the entire supply chain.

During his presentation, Pablo Isla stressed that the work performed together during the past decade “ratifies the Global Framework Agreement as one of the best tools for continuing to ensure and encourage best labour practices among the companies that supply the garment industry”. He noted that universal entitlement to the freedom of association and right to collective bargaining were the cornerstones of this effort.

Pablo Isla also met with the Director-General of the International Labour Organization (ILO), Guy Ryder, in October to review and reinforce the various projects for which the two entities are collaborating with the overriding aim of enhancing labour conditions at all levels of the garment sector value chain.

During the meeting, Pablo Isla emphasised “Inditex’s firm commitment to the ILO conventions, on which our Code of Conduct for Manufacturers and Suppliers is based, and to the United Nations Sustainable Development Goals, especially those related to decent work”. He went on to highlight the projects on which Inditex is already underway, in countries such as China, Turkey, Cambodia, Brazil and Indonesia.

Humanitarian aid

In November, Inditex renewed its agreements with Médecins Sans Frontières (MSF for its acronym in French), one of the key entities through which Inditex channels its concerted investment in humanitarian assistance.

Inditex has renewed its commitment to the medical and humanitarian relief work carried out by MSF with Syrian refugees in the Turkish province of Kilis and to the Emergency Desk operated from MSF’s headquarters in Spain. Thanks to this annual agreement, which consisted of a total contribution of €2.3 million, Inditex’s support will extend to the Al Salamah Hospital in the Azzaz district of the Syrian province of Aleppo. The collaboration also covers care for Rohingya refugees in Bangladesh and a programme for combating severe malnutrition in children in India.

The agreement was signed by Pablo Isla and the managing director of MSF Spain, Joan Tubau, at Inditex’s headquarters in Arteixo (La Coruña), at a ceremony also attended by the president of the medical-humanitarian organisation in Spain, David Noguera.

Fourth-quarter 2017 trading update

Online and offline store sales increased by 13% in local currency terms between 1 November and 11 December 2017.

SOURCE: Inditex

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – SPAIN

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Inditex opens Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home in Minsk, Belarus

Inditex opens Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home in Minsk, Belarus

 

  • Pablo Isla met the new teams of Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home in Minsk

Arteixo, Spain, 2017-Aug-16 — /EPR Retail News/ — Inditex has opened its first stores in Belarus, reaching 94 markets with commercial presence. Inditex CEO, Pablo Isla, has visited the new stores and met the new Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Zara Home teams at the Dana Mall in Minsk, one of the most relevant shopping centres of the Belarusian capital.

Zara arrives to Minsk with a two-story store featuring more than 4,000 square metres of retail space bearing the latest store concept, based on four principles: beauty, clarity, functionality and sustainability.  The brand offers to its Belarussian customers the latest trends for women, men and kids, as part of its Fall–Winter collection.

Pull&Bear and Bershka also opened today their new stores with more than 1,000 square metres of commercial space respectively. Pull&Bear has unveiled in Belarus its latest image, with an interior design that reminds the Californian city of Palm Springs. In turn, Bershka includes in Minsk its new store concept entitled Stage, focusing on the world of music.

Stradivarius offers Belarussian customers its new women’s collection whilst, Oysho brings to Minsk its latest designs in terms of lingerie and sports clothing, with Zara Home launching the latest trends in decoration and home furnishing to this market.

Massimo Dutti is present with its latest collections for menswear, women and children, contained in a store measuring 750 square metres.

These new stores incorporate all of the elements of sustainability found in eco-efficient Inditex stores, which consume 30% less energy and half as much water compared with a conventional store. The Group’s aim is to ensure that all of its stores are eco-efficient by 2020. Currently, 71% of Inditex stores already respond to this commitment with the environment

Contact:

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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Zara opens store in the commercial epicenter of Barcelona

Zara opens store in the commercial epicenter of Barcelona

 

Arteixo, Spain, 2016-Dec-12 — /EPR Retail News/ — Number 5, Plaça de Catalunya, Barcelona’s tourist and commercial epicentre, is the square selected by Zara for the opening – today (08/12/2016) – of one of its most emblematic stores. In a 1930s property which has been fully refurbished and recovered for the city, the Inditex Group brand’s newest establishment has a space stretching more than 3,600m2 over three floors that will house the Zara Woman, Man and Kids collections.

The new Zara store occupies a building designed in 1931 as the Barcelona head office of Banco de Bilbao by Basque architect Eugenio Pedro Cendoya, also responsible for the Montjuïc National Palace, built to accommodate the World Fair celebrated in the city in 1929.

The architectural plans devised for this new store, spearheaded by Coruña-based architect Elsa Urquijo, focused on preserving the former bank’s original architectural treasures such as its impressive glass dome, the atrium flanked by columns and decked with the marble floors characteristic of the public buildings of the time and the murals decorating the pedestrian staircase. The interior is dominated by a pale colour palette and textures that tone down the spaces. The layout of the store fittings was articulated around free-standing units in neutral tones that place the spotlight on the brand’s collections and the building’s impressiveness.

The result is a diaphanous and uncluttered retail space with a ground floor open to the city and two upper floors demarcated by the majestic central space that is visible from anywhere in the store, bathed at all times by the daylight filtered in through its glass dome.

Eco-efficient store
In keeping with Inditex’s Environmental Plan, the new store has been built to the most stringent green building standards, these sustainability criteria applying to its actual construction as well as ongoing operation and usage. Over half of Inditex’s worldwide store base is now eco-efficient, implying electricity and water savings of 30% and 40% with respect to conventional stores, respectively.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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MIGROS: ZARA ZIEHT INS SHOPPYLAND

MIGROS: ZARA ZIEHT INS SHOPPYLAND
MIGROS: ZARA ZIEHT INS SHOPPYLAND

 

Schönbühl, Switzerland, 2016-Dec-05 — /EPR Retail News/ — Das internationale Modelabel Zara wird nächstes Jahr eine Filiale im Einkaufs-center Shoppyland in Schönbühl BE eröffnen.

Prominenter Zuwachs für das grösste Shoppingcenter der Region Bern: Mit Zara erhält das Shoppyland in Schönbühl im Sommer 2017 eine weitere Top-Marke. Zara ist eine internationale Erfolgsgeschichte. Das Modelabel gehört zur spanischen Modegruppe Inditex, einem der grössten und erfolgreichsten Textilhersteller der Welt.
Das Shoppyland Schönbühl ist seit 1975 eine beliebte Einkaufsdestination und umfasst über 80 Geschäfte mit Mode, Unterhaltungselektronik, Sport- und Freizeitartikel, Cafés, Restaurants und weiteren Angeboten.

Mehr internationale Trendlabels
Mit dem Zuzug von Zara kann das Shoppyland seine hohe Modekompetenz weiter ausbauen. Zur Auswahl im Shoppyland stehen schon heute Geschäfte wie Anouk, Bijou les Boutiques, C&A Kids, Di Roberto, H+M, PKZ oder Schild. Zudem gelang es in den letzten Wochen mit Kiko Milano, Snipes und Calzedonia starke internationale Trendlabels im Shoppyland zu integrieren.
Zara wird seinen rund 1900 m2 grossen Laden auf der heutigen Fläche von Loeb, Heinzelmann Optik und Schild im Erdgeschoss realisieren. Loeb wird das Shoppyland per Ende Februar 2017 verlassen (siehe Medienmitteilung von Loeb vom 17. Juni 2016). Für Schild und Heinzelmann Optik wurden im Shoppyland alternative Standorte gefunden.

Medienkontakt:

Andrea Bauer
Mediensprecherin Migros Aare
TEL: 058 565 87 08
E-MAIL: andrea.bauer@gmaare.migros.ch

Source: Migros

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Zara reopens its store in Tokyo’s Shinjuku following extensive refurbishment and expansion

Zara reopens its store in Tokyo's Shinjuku following extensive refurbishment and expansion
Zara reopens its store in Tokyo’s Shinjuku following extensive refurbishment and expansion

 

Shinjuku, Tokyo 2016-Nov-24 — /EPR Retail News/ — Following an extensive refurbishment and expansion, Zara reopens its flagship store in Tokyo’s Shinjuku. The new store features the brand’s latest global concept and technology, and includes a whole additional floor of shopping space. The total area now measures over 2,300 square meters, almost 900 square meters larger than the original store, allowing more space to display all the brand’s latest collections (Woman, Basic, TRF, Kids and Man). The newly refurbished store, designed by Zara’s in-house architectural team, enhances the building’s impressive façade with a vast screen displaying the brand’s latest collection images. The store opens with an alluring installation by Dutch artist Rotganzen.

The essence of the new store image can be summed up in four words: beauty, clarity, functionality and sustainability. A sleek white surface spans the ceiling and walls so that the limits within the store are no longer defined. This helps to create the illusion of space and freedom while creating a backdrop which enhances the beauty of the fashion creations. The space invites the customer to enjoy as never before the experience of feeling, touching, observing and interacting with the merchandise.

The Shinjuku store also incorporates all the green-building criteria stipulated by Zara’s parent group Inditex. In accordance with the Group’s environmental plan known as Sustainable Inditex 2011-2015, the new eco-efficient store consumes 30% less energy and half as much water compared with a conventional store. To ensure the store continues to meet these energy reduction targets, its energy use is regulated by a central control center at Zara’s headquarters in Arteixo, northwest Spain.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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PREIT brings fashion retailer Zara to Cherry Hill Mall, Philadelphia

PHILADELPHIA, 2016-Nov-02 — /EPR Retail News/ — PREIT (NYSE: PEI) today (Nov. 1, 2016) announced a newly executed lease with Zara, one of the largest international fashion retailers, at Cherry Hill Mall. This is a first-to-portfolio retailer for PREIT and Zara’s first location in suburban Philadelphia.

Zara will occupy approximately 26,000 square feet of space between Macy’s and Nordstrom. The retailer – which is tentatively slated to open in November, 2017, will offer apparel and accessories for men, women and children. This development follows the recent addition of another first-to-portfolio addition at the property, Alex & Ani – an eco-conscious jewelry and accessories retailer. The addition of these in-demand retailers further improves the merchandise mix of the 1.3 million square foot mall for shoppers in the region.

“Bringing Zara, a global fashion retailer, to our portfolio underscores our high-quality, high-performance portfolio and the strength of our positioning in Philadelphia and D.C.,” said Joseph F. Coradino, CEO of PREIT. “As we continue to improve our portfolio through repositioning and redevelopment, our ability to add top-quality retailers to our portfolio improves which will continue to drive traffic and sales and create value in our portfolio.”

Over the past several months, PREIT has welcomed a number of new retailers to its portfolio across the Mid-Atlantic region. The company celebrated the grand opening of two first-to-portfolio tenants, including Primark at Willow Grove Park in July and Saks Fifth Avenue OFF 5th at Springfield Town Center in September. PREIT also recently announced the opening of DICK’s Sporting Goods at Cumberland Mall, as well as the signing of HomeGoods at Viewmont Mall.

Cherry Hill Mall is located in South Jersey, about eight miles from Center City Philadelphia. The premier mall offers a variety of luxury stores and exclusive retailers, including Nordstrom, Apple, Henri Bendel, Hugo Boss, The Lego Store, The North Face, and more, as well as an array of dining options.

About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets.  PREIT’s 25 million square feet of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the eastern U.S. with concentrations in the mid-Atlantic’s top MSAs.   Since 2012, the company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures. Additional information is available at www.preit.com or on Twitter or LinkedIn.

CONTACT:
Heather Crowell
SVP, Corporate Communications and Investor Relations
(215) 454-1241
heather.crowell@preit.com

SOURCE: PREIT

Zara marks entry in Vietnam with first store at Ho Chi Minh City’s Vincom Center

Arteixo, Spain, 2016-Sep-10 — /EPR Retail News/ — Zara opens its doors to its first store in Vietnam at Ho Chi Minh City’s Vincom Center. The new store has a total space of 2,400 square meters spread over two floors to include over 1,800 square meters of commercial space. The store displays all the brand’s latest collections (Woman, Basic, TRF, Kids and Man).

Zara’s Vincom Center store showcases an elegant façade which includes full height windows framed by metallic meshing to invite the attention of passers-by. The essence of the new store image can be summed up in four words: beauty, clarity, functionality and sustainability. A sleek white surface spans the ceiling and walls so that the limits within the store are no longer defined. This helps to create the illusion of space and freedom while creating a backdrop which enhances the beauty of the fashion creations. The space invites the customer to enjoy as never before the experience of feeling, touching, observing and interacting with the merchandise.

The store at Vincom Center also incorporates all the green-building criteria stipulated by Zara’s parent group Inditex. In accordance with the Group’s environmental plan, Sustainable

Inditex, eco-efficient stores consume 30% less energy and half as much water compared with a conventional store. The Group’s aim is to ensure that all of its stores are eco-efficient by 2020.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

SPAIN: Zara opens flagship store on calle Compostela 3, one of A Coruña’s prime shopping streets

SPAIN: Zara opens flagship store on calle Compostela 3, one of A Coruña's prime shopping streets
SPAIN: Zara opens flagship store on calle Compostela 3, one of A Coruña’s prime shopping streets

 

Arteixo, Spain, 2016-Sep-01 — /EPR Retail News/ — Tomorrow, 1 September, Zara is opening a global flagship store on calle Compostela 3, one of A Coruña’s prime shopping streets. The establishment is located in a building that epitomises the city’s aesthetics – characterized by broad windows and balconies – having carried out meticulous refurbishing and conservation work.

The new store devotes 2,400 square metres to shop floor space divided over five floors that will showcase all of Zara’s collections for women, men and children. The building has another two storeys earmarked to storage and staff quarters. In all, the property comprises a floor area of 4,900 square metres over six floors with access onto calle Compostela and calle Sánchez Bregua, effectively turning the store into a new ‘enclosed’ alleyway which will bring life in both these city centre districts together.

Architectural approach

The plans, overseen by local architect Elsa Urquijo, focused on capturing the essence of the city, its light and its hallmark aesthetics, combined with the four trademarks that define Zara’s architectural philosophy: beauty, clarity, functionality and sustainability. The façades have been preserved impeccably, highlighting their materials and the city’s eye-catching verandas and balconies. Inside, the calle Compostela entrance stands out for its imposing atrium, some seven metres tall, which welcomes the store’s visitors, beckoning them to explore its diaphanous and light spaces. The materials predominating the entire shopping area are the stone and wood that characterize Galician architecture, albeit nuanced subtly by the light filtering in from outside at each level through the building’s impressive balconies.

The building’s structure, rather than leaning on the ground, ‘hangs’ from a steel truss placed at the top which rests on a solid structure running around the perimeter. This complex architectural solution enables the preservation in the subsoil of the architectural remains of part of the old town wall that dates to the eighteenth century, a conservation effort undertaken in close collaboration with the local cultural heritage authorities. The place where part of the wall runs under the flooring on the store’s ground can be intuited by the shift in the texture of the stone paving.

The store fittings, custom-designed for this new flagship establishment, are conceived of to add to the sensation of lightness and brightness that imbues the whole project. And so, along the walls the garments are hung from simple linear metallic structures, while the central fittings stand out for their blocks of solid stone and wood in pale tones that play with the light that filters into the shop’s interior all day long through the various balconies.

Eco-efficient store, LEED Gold certification

The new store has been built to the most stringent green building standards, these sustainability criteria applying to its actual construction as well as its commercial operations, implying water and energy savings of 30% and 40% with respect to conventional stores, respectively. The building specifications were designed with a view to achieving Gold LEED certification. This US green building certificate is widely considered the most stringent sustainable architecture standard in the world.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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Zara reopens complete refurbished and expanded store in Antwerp, Belgium

Zara reopens complete refurbished and expanded store in Antwerp, Belgium
Zara reopens complete refurbished and expanded store in Antwerp, Belgium

 

Arteixo, Spain, 2016-Aug-24 — /EPR Retail News/ — Zara has unveiled its latest image in Antwerp with the reopening of its flagship store after a complete refurbishment and expansion of the store first opened by the brand in 1995. The general concept and interior design of the new store are in line with the brand’s other flagship stores in major cities such as New York, London and Shanghai. It is located at no. 28, the Meir, the most important shopping street in Antwerp’s old quarter, in a building which is one of the city’s best examples of late nineteenth-century neo-Classical architecture.

The store’s commercial surface area measures 1,500 square meters, some 30 percent more than before the refurbishment. It is housed in one of Antwerp’s most historical buildings, constructed in 1889 by the architect E. Thielens. From the very start of the refurbishment, the building’s façade and roof have been preserved, protected and catalogued as a monument of public interest, respecting the premises’ historic and artistic value.

Zara Meir boasts five floors of commercial premises offering the full range of the brand’s Autumn/Winter 2016 collections in Woman, Man and Kids, with interiors designed entirely by Zara’s Architecture team, which has worked to bring together the city’s past and future. This has involved painstaking work to preserve the building’s historical features while creating an airy, rationalistic space in line with the essential principles of Zara’s image: beauty, clarity, functionality and sustainability.

All of the spaces privilege the importance of contact with the customer, a principle that is expressed in the simplicity of the design, with large white surfaces that blur the boundaries between walls and ceilings to create a sense of freedom and space.

In the context of the Inditex Group’s objective to achieve 100% eco-efficient stores by 2020, Zara Meir is notable for its far-reaching sustainability and energy efficiency measures, which offer savings of 30% electricity and 50% water consumption compared to conventional stores.

Zara currently has 28 stores in Belgium, as well as an online store which was launched in March 2011. Zara’s online sales platform offers the whole range of products featured in its Woman, Man and Kids collections and available in its physical stores.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

Source: Inditex

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Zara opens new store at 503-511 Broadway in the heart of Manhattan’s SoHo neighborhood

New York, NY, 2016-Mar-07 — /EPR Retail News/ — The building on 503-511 Broadway has one of the neighborhood’s most iconic nineteenth-century façades

Zara opens the doors of its new 47,361 ft2 flagship store on 503-511 Broadway today. With an unbeatable location in the heart of Manhattan’s SoHo neighborhood, one of the world’s best known shopping districts, this new location on the block between Broome and Spring Streets represents some of the best late-nineteenth century retail architecture in the city.

Inditex Chairman, Pablo Isla, has underscored the importance of this opening and stressed that “it is particularly relevant for several reasons: the quality and size of its location, the environmental component that promotes the goals of our eco-efficient store project, its design, and its technological proposal. From today forward this new flagship will undoubtedly be a global benchmark”.

Manhattan’s newest Zara boasts three floors of retail space, ample room for showcasing everything the brand has to offer women, men and kids for Spring/Summer 2016. The store is designed entirely by Zara’s architecture team, who were faced with the challenge of blending the city’s past with its future. Massive effort was made to recover the building’s landmark features. Its original cast iron façade, interior and brick wall, which now blends with a rationalist and airy interior that features beauty, clarity, functionality and sustainability, the guiding principles of Zara’s image.

In keeping with Inditex Group’s aim to have 100% eco-efficient stores by 2020, Zara SoHo sets the standards for highly demanding sustainability measures across all its processes, combining these efforts with energy efficiency and recycling in order to consume 30% less energy and 50% less water compared to a conventional store. Backed by these sustainability-oriented features, Zara SoHo has applied for LEED (Leadership in Energy and Environmental Design) certification, awarded to green buildings by the U.S. Green Building Council (USGBC), a third-party organization.

Zara’s new SoHo venue, purchased by the brand in 2015, was built in 1878 by architect John B. Snook and is one of the emblematic buildings found in the area known as the SoHo Cast Iron Historic District, named for the widespread use of this material.

Zara now boasts eight stores in Manhattan, where the brand opened its first store outside of the Iberian Peninsula in 1989, after setting up shop in the city’s most popular shopping destinations including Fifth Avenue, Lexington Avenue, and 34th Street. Zara also opened a new store at 222 Broadway in late 2015, taking over a new space in the heart of the city’s Financial District.

From San Diego and Seattle to Houston, Honolulu and New York, Zara has opened the doors of major new stores across the US in 2015. After unveiling the new Zara SoHo, Inditex Group now has 75 stores in the country (71 Zara and 4 Massimo Dutti stores), and customers in the US can also shop Zara Home online, the Group’s home textile and décor brand.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex

Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

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Zara opens new store at 503-511 Broadway in the heart of Manhattan's SoHo neighborhood

Zara opens new store at 503-511 Broadway in the heart of Manhattan’s SoHo neighborhood

Inditex Group’s net sales increased to €14.74bn in the first nine months of FY2015; 16% up from a year earlier

  • Over the past 12 months, the Group has generated more than 13,000 new jobs worldwide, more than 3,000 of which were in Spain. It now has a total 146,478 employees
  • Over this period the company has been particularly active in Community investment by providing direct aid to refugees in Europe and support to organisations such as Médicines Sans Frontières, Every Mother Counts and, more recently, Water.org
  • As of 31 October the Group has 6,913 stores in 88 markets, 28 of which also have online sales platforms
  • Net profit over the first nine months of the year was up 20% to €2.020bn
  • Store and online sales in local currencies grew 15% between 1 November and 3 December 2015

Arteixo, Spain, 2015-12-14 — /EPR Retail News/ — Over the first nine months of FY2015 – 1 February to 31 October – Inditex Group’s net sales increased 16% from a year earlier to €14.74bn. In constant currency terms, sales growth was 15%, with solid growth in like-for-like store sales. Net profit was €2.02bn, up 20% over the same period the previous year.

This growth, coupled with the group’s investments, has enabled Inditex to generate 13,079 new jobs worldwide over the past 12 months, of which 3,291 were in Spain. As at 31 October 2015, the Group’s global workforce totalled 146,478 employees. Of note, all manufacturing, logistics, brand and subsidiary employees worldwide with more than two years’ service will benefit from a profit-share plan for 2015-2016. The Group will award these beneficiaries 10% of the year-on-year growth in profit attributable to the parent company.

Key figures (Q3 2015)
(€ billions) 9M 2015 9M 2014 YoY growth
Sales 14.744 12.709 16%
Gross Profit

    Gross margin

8.669

58.8%

7.491

58.9%

16%

 

EBITDA 3.328 2.825 18%
EBIT 2.583 2.161 20%
Net income 2.020 1.687 20%

 

Community Investments

The period has likewise been marked by a number of community investments, in line with the Group’s aim to support humanitarian aid, education and employment and social welfare.

With regards to humanitarian support, the Group has partnered with the Spanish Red Cross, UNHCR, Cáritas and Médicines Sans Frontiéres, to provide support to refugees fleeing the Syria conflict. From September to date, it has sent 450,000 items of warm clothing to refugees in regions bordering Syria via these organisations. In April, Inditex also provided emergency aid to Nepal via Caritas, the Red Cross and Oxfam, following the devastating earthquake.

In terms of education and employment, in Spain Inditex has opened its ninth store of the For&From project in Galicia – to support people with disabilities. It has continued to support Caritas to help unemployment in Spain by providing skills training.

Meanwhile, internationally it has launched the Salta programme in seven cities worldwide, to provide training and employment to young people at risk of social exclusion. This builds on from the initiative already present in Paris, Barcelona and Madrid. In October, Chairman Pablo Isla also signed an agreement with the China Youth Development Foundation to support the construction of educational centres in Chinese rural areas. Inditex has also signed a partnership agreement with Entreculturas Foundation to promote education between young refugees in Colombia, Venezuela and Ecuador.

In terms of social welfare investments, Inditex has also signed medium to long term partnership agreements with Every Mother Counts to provide essential healthcare to mothers in need in the US and worldwide. As well as Water.org to provide access to safe water and sanitation in developing areas, mainly in Bangladesh and Cambodia, which will directly improve the health conditions of more than 160,000 people in both countries.

International presence

The Group continues with the global expansion of its fully integrated store and online sales platform. Over the first nine months of 2015 it opened 230 stores in 48 markets.

In terms of online launches over the period, Zara extended its online presence to Taiwan, Hong Kong and Macao. Inditex also launched online operations in the southern hemisphere with the launch of Zarahome.com in Australia on 3 December. Zara Home also launched online in Japan. Over the period, Uterqüe also launched online in Sweden and Denmark; Zara Home in Japan, and Pull&Bear, Massimo Dutti, Stradivarius and Oysho in China.

Inditex opened physical stores in all geographical areas, which included highly relevant stores for all the brands. Europe saw a net increase of 109 stores over the period, the Americas 47, and Asia and the rest of the world 74 to bring the Group’s total number of stores to 6,913.

All of the Group’s brands increased the number of stores over the period. The most relevant openings to date include those of Zara in New York’s Financial District (222 Broadway), the first store in Hawaii, and a range of openings in Amsterdam (Netherlands), Stockholm (Sweden), Osaka (Japan), Beijing, Harbin and Hong Kong (China), Singapore, Brisbane (Australia) and Johannesburg (South Africa) along with several store enlargements and refurbishments such as Westfield London (United Kingdom) and Paseo del Born in Palma de Mallorca.

Of particular note among the brands include the opening of Massimo Dutti in Costa Mesa (California); Pull&Bear with its new flagship store in Madrid; Bershka, with its first store in Taiwan and its flagship store in Korea; and Stradivarius, with openings in all geographic areas from China, where it has opened stores in cities such as Chengdu and Harbin, to México, were it has opened in cities such as Coacalco, Culiacán and the Federal District. Oysho has opened stores for the first time in Korea and Sweden; Zara Home also opened its flagship in Sydney marking its 500th store worldwide, and Uterqüe also opened new stores in Mexico and in Russia.
As of 31 October the Group was present in 88 markets, with online operations in 28 of these.

The brands have also been particularly active in creative and commercial initiatives, the most notable of which is Massimo Dutti’s launch of Personal Tailoring, which incorporates new fabrics and cuts for the tailoring service offered by different international stores.

Elsewhere, Pull&Bear ran a creative campaign which combined music and fashion under the ‘Be More Barrio’ umbrella, which included exclusive music created by the Australian band Sheppard. Stradivarius continues to work on its upcoming men’s clothing line due to be launched in 2017 and continues with its The Event Paper campaign, most recently in Shanghai. Bershka has launched a campaign with photographs shot by Italy’s Luca Campri; Oysho continues developing its fitness line, accompanied by health events such as the women’s race and the yoga masterclass, which has taken place in Shanghai, Milan, Barcelona and Madrid. Zara Home has introduced the Flora, Nordic and Luxor campaigns; while Uterqüe successfully presented The Cocktail Collection and Forever Chic initiatives.

Introduction of the RFID systems

RFID technology is currently in place in 1,417 stores across 64 countries, having been fully rolled out in 47 countries. By the end of FY2015, 53 countries will have the technology fully in place.

Fourth quarter FY15 trading update

Store and online sales in local currencies grew 15%over the period between 1 November and 3 of December 2015

Global online sales platform

(as of 03/12/2015: in bold the online stores that went live in 2015)

Australia Zara Home
Austria Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Belgium Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Canada Zara, Massimo Dutti, Zara Home
China Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho
Denmark Zara, Pull&Bear, Massimo Dutti, Zara Home, Uterqüe
Finland Zara Home
France Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Germany Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Greece Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Ireland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Zara Home, Uterqüe
Italy Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Japan Zara, Zara Home
Luxembourg Zara, Pull&Bear, Massimo Dutti, Stradivarius, Oysho, Zara Home, Uterqüe
Mexico Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Monaco Zara, Pull&Bear, Masimo Dutti, Zara Home, Uterqüe
Netherlands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Norway Zara, Massimo Dutti, Zara Home
Poland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Portugal Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Romania Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius
Russia Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
South Korea Zara
Spain Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Sweden Zara, Pull&Bear, Massimo Dutti, Oysho, Zara Home, Uterqüe
Switzerland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Taiwan Zara
United Kingdom Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
United States Zara, Massimo Dutti, Zara Home

SOURCE: Inditex

Zara’s online store opens in Hong Kong and Taiwan

Arteixo, Spain, 2015-9-11 — /EPR Retail News/ — Zara’s online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week.

Zara’s online store opens today, September 9, in Hong Kong. The brand also offers online shopping in Taiwan since last week. Both websites, www.zara.com/hk and www.zara.com/tw offer online shoppers the same full range of ladies, men and kids wear as the brick and mortar stores, supplied twice a week with new merchandise.

In both markets, items sold online display the same price as they do in Zara’s brick and mortar stores. Customers of the online platform can choose between home delivery and the pick up at the ZARA store.

Zara launched its ecommerce service in 2010 in several European markets, following the footsteps of Zara Home, which began its online platform in 2007. Other major markets followed, such as the US, Japan, China or South Korea. Zara’s customers can currently shop online in 27 markets.

###

Zara's online store opens in Hong Kong and Taiwan

Zara’s online store opens in Hong Kong and Taiwan

Zara reopened its flagship in Copenhagen after an extensive refurbishment

The store is located on Vimmelskaftet St. at the heart of the historical centre of the city

COPENHAGEN, 2015-4-22 — /EPR Retail News/ — After an extensive refurbishment, Zara has reopened its global flagship in Copenhagen, introducing its latest image to Denmark. The new establishment, which shares Zara’s global store concept and interior design features with the chain’s flagship stores in other prominent cities such as New York, London, Paris and Shanghai, is located at no. 28 Vimmelskaftet in Stroget, the pedestrian street that runs through the historical centre of the Danish capital.

The store, with a commercial area of more than 2,000 square metres over four floors, occupies a building constructed in 1915 by the architect Philip Smidth as a department store. The refurbishment of the store, managed by the Zara’s architectural department, preserves the historical constructive elements of the original building. Its iconic position has made this property a sought-after commercial location from its inception through to today.

The essence of the Vimmelskaftet St. establishment is based on the four core principles which inspire the Zara global store concept: beauty, clarity, functionality and sustainability. The store as a whole prioritises contact with the customer. Its simplicity, accentuated by the presence of large white spaces which blur the limits between the ceiling and walls, creates a sensation of openness and freedom. The new store concept, dominated by a neutral and elegant palette, confers prominence on the collections and their uncluttered displays whose furniture textures evoke fabrics such as linen and silk.

Moreover, the store marks a new milestone in terms of the Group’s sustainability commitments, crystallised in the Sustainable Inditex 2011-2015 Plan, by incorporating all the green-building criteria of Inditex’s eco-efficient stores. The result is a store that consumes 30% less energy per annum than a conventional store and saves 50% more water.

Today Zara operates three stores in Denmark and since March 2011, Zara offers online shopping. Zara’s online platform sells the full range of women’s, men’s and children’s clothing that are also available in-store.

For any press request please contact with:

Communication and Corporate Affairs Division
Edificio Inditex

Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA

Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com

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The new Zara store located on Vimmelskaftet St

The new Zara store located on Vimmelskaftet St

Inditex Group sales revenue rose by 8% in fiscal 2014; employees to participate in a special profit sharing plan in the next 2 years

Arteixo, Spain, 2015-3-19 — /EPR Retail News/ — The Group announces a special profit sharing plan under which employees will participate in earnings growth in the next two years

The profit sharing scheme will benefit all of the Group’s store, manufacturing, logistics, concepts and subsidiaries employees all over the world, so long as they have been working for Inditex for at least two years, which means some 70,000 beneficiaries in 54 markets

In 2014 the Group generated 8,741 new jobs worldwide, 1,800 of which in Spain. Inditex’s headcount totalled 137,054 at 31 January

  • Same-store sales growth was 5%; in the last five years growth in this key performance indicator stands at 23%
  • Net profit totalled €2.5 billion, year-on-year growth of 5%
  • In 2014 the company continued to invest in growth, spending €1.4 billion to process automation, store modernisation and adaptation of its logistics platforms to cater to new demand challenges
  • Over the course of the year Inditex opened 343 stores in 54 markets, bringing its network total to 6,683
  • Online sales operations were launched in South Korea and Mexico last year, lifting the Group’s e-commerce footprint to 27 markets. In 2015 Inditex plans to launch online sales in Taiwan, Hong Kong and Macao
  • Over half of the Group’s stores have already adopted the eco-efficient model which delivers average energy savings of 32% with respect to conventional stores
  • The Board of Directors will ask the company’s shareholders to approve a €0.52 per share dividend, year-on-year growth of 7.5%, at the upcoming Annual General Meeting
  • Store sales increased by 13% in constant-currency terms between 1 February and 14 March 2015

Inditex Group sales revenue rose by 8% in fiscal 2014 (1 February 2014 – 31 January 2015) to €18.12 billion. Net sales in local currencies increased by 11% in FY14. Same-store sales growth was 5%, implying like-for-like store sales growth in the last five years of 23%.
Net profit came to €2.5 billion, growth of 5% from 2013, while EBITDA rose 5% to €4.1 billion.

Key figures
(Billion Euros) 2014 2013 14/13
Net sales 18,117 16,724 8%
Gross Profit    Gross margin 10,56958.3% 9,92359.3% 7%
EBITDA 4,103 3,926 5%
EBIT 3,198 3,071 4%
Net profit 2,501 2,377 5%
Other performance indicators
Number of stores      Net openings 6,683343
Number of markets 88
Employees 137,054

In 2014, the Inditex Group created 8,741 new jobs and its headcount went from 128,313 to 137,054. Of these, over 1,800 were created in Spain, between its sales network, central headquarters and logistics platforms, in order to support the Group’s global growth.

Special profit-sharing plan. In view of the performance of the Group over recent years, a special profit sharing plan has been approved under which employees will participate in Inditex’s earnings growth in 2015-2016. All employees at stores, manufacturing, logistics, concepts and subsidiaries around the world who have been with the Group for more than two years will be eligible. The Group will award these beneficiaries 10% of the year-on-year growth in consolidated profit attributable to the controlling company up to a cap of 2% of total profit. The beneficiaries number around 70,000 people in 54 markets.
The scheme will run for two years. Part one will be collected in 2016 on the basis of year-on-year growth in Group net profit in 2015. Part two will be collected in 2017, following the same criteria. The plan will accrue in 2015 and 2016.

Capital expenditure. Capital expenditure totalled €1.4 billion in 2014 for the automation of processes and modernisation of the Group’s facilities in Spain. Some of the most noteworthy investments include the start-up of Inditex’s new logistics platform in Cabanillas (Guadalajara, Spain), generating almost 300 new jobs, and culmination of the expansion work at the Arteixo head office complex with the opening of the new Technology Centre. This centre, which is equipped with world-class technology, has been certified under the highest IT security and environmental sustainability standards.

The bulk of capital expenditure continues to be earmarked to new store openings and the refurbishment and expansion of existing establishments. Here it is worth underscoring the one-off investment made to purchase a building in New York’s SoHo which will house a new flagship Zara store.

New store openings. Inditex ended 2014 with 343 more stores that at year-end 2013 for a total network of 6,683 establishments in 88 markets, having entered the Albanian market during the year. In total it opened new establishments in 54 markets worldwide. Some of the most noteworthy openings included flagship Zara stores in Zurich (Bahnhofstrasse), Miami (Lincoln Road), Madrid (Serrano), Krakow (Rynek Glowny), Hong Kong (Queens Road) and Shanghai (East Nanjing Road) to bring its total number of stores in China to over 500 across 60 cities.

The Group’s other chains also opened high-profile stores such as the Pull&Bear stores in Milan (Vittorio Emanuelle II) and Amsterdam (Kalverstraat); the Massimo Dutti stores in Vienna (Kholmarkt) and Palma de Mallorca (Born); the Bershka store in Turin (Via Roma); the Uterqüe store in Madrid’s airport; the Stradivarius store in Osaka (Shinsaibashi); the new image Uterqüe store in Barcelona’s airport; the Oysho store in Barcelona (Pelai); and the Zara Home flagship in London (Kensington High Street). In 2015, Zara Home has opened its debut stores in Australia, making it the second Group chain to boast a presence in this region.

New stores planned for this year include prominent openings on Oxford St. 61 (London), in Plaza Cataluña (Barcelona) and a number of openings in various US cities, including three in New York: one on Fifth Avenue and 42nd street, inaugurated last week, another in the new World Trade Centre, in the heart of the New York’s financial district, and a third in SoHo, in a building recently acquired by the Group.

Also in 2014, the Group rolled out online stores for the chains with a presence in South Korea and Mexico and is planning to add Taiwan, Hong Kong and Macau to the e-commerce platform in 2015 (see Appendix).

Dividend. Inditex’s Board of Directors will ask the company’s shareholders to approve a €0.52 per share dividend, marking year-on-year growth of 7.5%, at its Annual General Meeting in July. A dividend of €0.26 per share will be paid out in the interim on 4 May 2015, and the remaining €0.26 per share would be paid out, if approved, on 3 November 2015 in the form of a final and special dividend.

2015 update. Store sales in constant currency terms rose by 13% between 1 February and 14 March 2015.

AppendixGlobal online sales platform

(in bold the online stores that went live in 2014)

Austria Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Belgium Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Canada Zara, Massimo Dutti, Zara Home
China Zara, Pull&Bear, Massimo Dutti, Bershka
Denmark Zara, Pull&Bear, Massimo Dutti, Zara Home
Finland Zara Home
France Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Germany Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Greece Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Ireland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Zara Home,Uterqüe
Italy Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Japan Zara
Luxembourg Zara, Pull&Bear, Massimo Dutti, Stradivarius, Oysho, Zara Home, Uterqüe
Mexico Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Monaco Zara, Pull&Bear, Masimo Dutti, Zara Home, Uterqüe
Netherlands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Norway Zara, Massimo Dutti, Zara Home
Poland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home
Portugal Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Romania Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius
Russia Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
South Korea Zara
Spain Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
Sweden Zara, Pull&Bear, Massimo Dutti, Oysho, Zara Home
Switzerland Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Zara Home, Uterqüe
United Kingdom Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, Uterqüe
United States Zara, Massimo Dutti, Zara Home

For any press request please contact with:
Communication and Corporate Affairs Division
Edificio Inditex
Avda. de la Diputación s/n
15143 – Arteixo
A Coruña – ESPAÑA
Tlf: +34 981 185 400
Fax: +34 981 185 544
comunicacion@inditex.com