Zara posts dramatic growth in vietnam

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Zara is outpacing archrival H&M in one of their fastest-growing markets, Vietnam giới.

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Zara Vietnam’s revenue reached US$73 million last year, six times the 2017 figure.

The Spanish fast-fashion retailer has opened two stores in Vietphái mạnh – one in Hanoi và one in Ho Chi Minc City.

During three years of operations, Zara Vietphái nam has achieved US$128 million. Rival H&M, which runs seven Vietnam giới stores, reportedly achieved revenue of $33 million last year, double that of its first year in the country.

Along with three other Inditex’s brands, Massimo Dutti, Pull và Bear và Stradivarius, Zara is distributed by Indonesia’s Mitra Adiperkasa Group.

According khổng lồ Mitra Adiperkasa’s financial report, Zara remains its main revenue earner and Vietnam is its second-largest market after Indonesia.

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The company’s revenues in Vietphái nam last year were almost double the previous year’s figure & four times higher than its sales in Xứ sở nụ cười Thái Lan.


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