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Zara Launched An Online Store In India With A Lot Of Support From India Netizens.

2017/9/15 11:33:00 83

ClothingMarketElectricity Supplier

According to the world clothing shoes and hats net, the world's largest

clothing

Retailer Inditex SA (ITX.MC) Indo Textile Group (the full name Industria de Diseno Textil SA) announced in the first quarter to enter India online.

market

Then, on Thursday, September 7th, it was finally confirmed through Facebook account that the on-line time was October 4th.

 Zara in India, the first electricity supplier to make up for the shortage of India entity area

Because of India

Online retailers

With the booming market and the special foreign investment strategy of the market, Zara India direct electricity supplier has symbolic significance.

In view of the bad traffic conditions in India, the announcement of the news was supported by a large number of India netizens.

At the beginning of 2017, the main person in charge of Zara was replaced in India, and Sanjay Rao, the company's general manager, left in March.

Zara entered the India market in 2010, and its substantive business in India operated with Inditex Group Ltd., which is jointly owned by Tata Group group for policy reasons. Even though the government of India relaxed the policy of Foreign Direct Investment (FDI, foreign direct investment), the largest apparel group in the world still used the joint venture mode.

At present, Zara has 18 stores in India. As of the end of March 2017, the brand India earned 10 billion 230 million India rubles, an increase of 21% over the same period last year, faster than the 17% in 2015/2016, but less than 24% in 2014/2015.

According to Inditex Trent Ltd., the slowdown in the India market is mainly due to the fact that the market does not have enough commercial real estate to open the store. The growth of 2015/2016 fiscal year is the slowest fiscal year after Zara's entry into India.

The launch of Zara online store can obviously make up for the shortage of India's entity business area and further bring pressure on its competitors.

India market is also flooded with a lot of fast fashion brands. In addition to Japan's Uniqlo UNIQLO's postponement of entering the market, Gap Inc. (NYSE:GPS) cap Pu Group, H&M Hennes Mauritz AB (HMb.ST) Hayne Maurice group also entered India in 2015, and the market also has Forever 21, MUJI Muji, Muji and extremely dry brands.

Because of the huge population and the rapidly rising middle class, India has been considered to be the largest potential market after China. Because technology giants are investing heavily in India, India's electricity supplier industry is considered to have unlimited potential.

EY's annual report of Ernst & Young said in 2016 that the annual compound growth rate of e-commerce in India in the past 5 years exceeded 50%, and the growth rate is expected to continue. By 2020, the electricity market in the country will reach 35 billion US dollars.

The electricity industry giant Amazon.com Inc. (NASDAQ:AMZN) has no sense of existence in China, and then actively layout India to avoid repeating the same mistake. China's largest e-commerce platform and the first big business Alibaba Group Holding Ltd. (NYSE:BABA) Alibaba, JD.com Inc. (NASDAQ:JD) Jingdong and technology giant Tencent Holdings Ltd (JD.com) are also laying the market.

Previously, Flipkart Online Services Pvt., known as the "India version of Amazon", has just completed the largest financing in the history of India start-ups. Tencent, Microsoft Corp. (NASDAQ:MSFT) Microsoft and eBay Inc. (NASDAQ:EBAY) have invested $1 billion 400 million in the capital of India's largest electricity supplier group.

At the same time, Flipkart Online Services Pvt. purchased ebay.in from eBay Inc., to deal with the threat of Amazon's rapid development in the world.

Before the on-line India electric business, some retailers in India Amazon sell Zara.

More interesting reports, please pay attention to the world clothing shoes and hats net.

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