Interviews
News Flash
Inditex Russia registers 65% growth in retail area
13 Feb '08
3 min read
Significant milestones for 2008 in Asia-Pacific will be the first store opening in the Korean market and the on-going expansion in China and Japan. Those three countries, given their economic relevance and their potential for Inditex growth are the main bid of the Group in a region where the growth pace for Inditex sales area is two fold the average increase in the world. The first opening in Seoul is expected in May.
Regarding China, during 2008 the Group will increase its presence in Beijing, Shanghai, Hong Kong, Macau and Hangzhou and will also extent it to other capitals such as Tianjin, Nanjing, Harbin and Shenzhen.
Finally, within the selective expansion policy as regards new markets, Inditex has resolved to start operating in Egypt in 2008. With a population upwards of 80 millions, Egypt has shown in recent years a highly positive evolution of its economic indicators, with an estimated GDP growth for 2007 of more than 7%.
Regarding China, during 2008 the Group will increase its presence in Beijing, Shanghai, Hong Kong, Macau and Hangzhou and will also extent it to other capitals such as Tianjin, Nanjing, Harbin and Shenzhen.
Finally, within the selective expansion policy as regards new markets, Inditex has resolved to start operating in Egypt in 2008. With a population upwards of 80 millions, Egypt has shown in recent years a highly positive evolution of its economic indicators, with an estimated GDP growth for 2007 of more than 7%.
Inditex Group
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
