OYSHO: counted among fastest expanding chains of Inditex
A RECENT report from Spanish distribution giant Inditex showed that its Zara fashion chain generated 64.3 per cent of total group sales of EUR 8.08bn in the first half of 2014. The report added that the group’s intimate apparel chain Oysho saw its first half sales rise by 23 per cent to EUR 187m, the fastest expansion of any apparel chain operated by the group. Launched in 2001, the Oysho chain now counts 549 stores in 40 countries.
Though still a minnow in comparison with Zara, the Oysho chain’s growth rate makes it a key element of the future expansion of the parent group.