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Inditex Sees Sales and Profits Rise, Spends More on Logistics

The Inditex Group had a solid financial performance in the first quarter, opening stores and investing in new logistics facilities.

In a nutshell: Inditex continued to invest in growth through the modernization and renewal of its stores and facilities, framed by social responsibility and environmental criteria.

The Spanish company has set plans to build two new logistics hubs over the coming months, one in the Dutch town of Lelystad and the other in A Laracha in Galicia, Spain. These hubs will complement and support its existing central logistics platforms in Spain. Investment in these new facilities will exceed 150 million euros ($169.18 million).

Read more at Sourcing Journal.