Inditex has seen sales grow in the first half of 2019 as investments in logistics paid off.
The Zara owner said sales had grown 7% in the first half of the year to reach €12.82 billion, while net profit rose 10% year-on-year to reach €12.82.
Executive chairman Pablo Isla said logistics investments had supported the company’s digital growth, allowing the company to support new online and physical stores. Investments had included modernising existing facilities and deploying RFID to provide an integrated omnichannel experience to customers.
The retailer said its new logistics hub in Lelystad, the Netherlands, remained on track and would be partially commissioned ahead of schedule in the second half of this year before becoming fully operational in 2020. The platform had been tested in recent months.
Isla highlighted the “‘strong first half performance reflected in these figures, with like-for-like growth across all brands and geographies.
“The investments we have made in the stores as well as in logistics and technology have been key elements in the development of our customer focused integrated online and offline store platform”.
