International retailer Inditex plans to reopen 50 Zara stores in Ukraine that have been closed since the beginning of the full-scale invasion, Reuters reported citing the Financial Times.
According to the report, the retailer plans to resume operations gradually from the beginning of April. The first to reopen will be 20 stores in shopping centers in Kyiv, including three outlets.
In total, 50 stores are planned to reopen, while 34 outlets located in the south and east of Ukraine will remain closed for now, the article says.
It is noted that Inditex has informed local landlords of its plans to open. “Interfax-Ukraine sent relevant requests to Ukrainian businesses.
The retailer’s plans to resume operations in Ukraine were confirmed to the agency by Dmytro Lashin, CEO of the capital’s Lavina Mall and Blockbuster Mall.
“Yesterday in a telephone conversation we confirmed the opening in April. They will open within a few days in different locations,” he told Interfax-Ukraine.
Inditex, owned by Spanish billionaire Amancio Ortega, operates clothing, footwear and accessories stores under the Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterque brands. At the end of 2022, sales reached 32.6 billion euros (+17.5% compared to 2021). Net profit increased by 27% to €4.1 billion.
Spanish-based Inditex SA, one of the world’s largest clothing retailers, launched an online store of the Stradivarius brand in Ukraine on September 10.
“From September 10, Ukrainians will be able to buy Stradivarius goods online. There will be available certain types of delivery of goods purchased online, such as home delivery, shipping to a pick-up point or to a store chosen by the buyer,” the company announced in its press release.
At the same time, as of September 14, the website of the online store has no information about pick-up points. The company’s couriers carry out home delivery. It costs UAH 149 and pickup from the selected store is free.
Inditex Group was founded in 1963. It unites 7,400 stores in 92 countries under nine brands, namely Zara, Zara Home, Zara Kids, Oysho, Massimo Dutti, Bershka, Pull & Bear, Stradivarius and Uterque. Inditex brand stores are located in 400 cities on five continents.
Inditex Group has been represented in Ukraine since 2008. The Spanish group opened its first stores of Uterque brand in Ukraine (at the end of 2016) and Zara Home (2018) in the Gulliver shopping mall.
As of September 2020, the group’s network in Ukraine comprises 72 stores.
The Spanish retail operator Inditex Group will open seven new stores of the chain with a total area of 7,400 square meters in the River Mall trade center at 12 Dniprovska Embankment in Darnytsky district of Kyiv.
According to the press service of the shopping center, the new facilities include the country’s largest two-storey Zara store with an area of 3,500 square meters, Zara Home (529 sq m), Massimo Dutti (678 sq m), Pull & Bear (798 sq m), Oysho (408 sq m), Bershka (932 sq m), and Stradivarius (557 sq m).
In general, by the end of 2018, Inditex Group had 65 stores in Ukraine, in particular, such brands as Pull & Bear (14), Zara (9), Zara Home (2), Massimo Dutti (6), Bershka (14), Stradivarius (12), Oysho (7), and Uterque (1).
As reported, Inditex plans to launch online sales of the Zara brand in Ukraine in the fall and winter of 2019.
According to the company’s report, the pretax profit of Inditex in the country in 2018 amounted to EUR28 million.
Inditex Group was founded in 1963. It unites more than 7,000 stores in 91 countries under the brands Zara, Zara Home, Oysho, Massimo Dutti, Bershka, Pull & Bear, Stradivarius, and Uterque.
In Ukraine, Inditex Group has been represented since 2008. At the end of 2016, Inditex presented its first Uterque brand store in the Ukrainian market in the Gulliver trade center.
Spanish-based Inditex SA, one of the world’s largest clothing retailers, plans to launch online sales of the Zara brand in Ukraine in the fall-winter of 2019, the company said in its report for the first fiscal quarter of 2019 (February 1 – May 30).
“Inditex continues to expand its global, fully integrated store and online platform. Inditex remains very active in differentiating its store database … During the autumn-winter campaign, Zara will launch an online store in South Africa, Qatar, Kuwait, Bahrain, Oman, Jordan, Colombia, the Philippines, and Ukraine,” the report says.
As of the end of 2018, nine Zara stores and two Zara Home stores were operating in Ukraine.
Overall, Inditex Group consisted of 65 stores in Ukraine, in particular, such brands as Pull & Bear (14), Massimo Dutti (6), Bershka (14), Stradivarius (12), Oysho (7), and Uterqüe (1).
According to the company’s report, its pretax profit in Ukraine in 2018 amounted to EUR28 million.
Inditex Group has been operating in Ukraine since 2008
