Inditex to stress on strategic digital transformation

by Textile Quotient News Desk
25 May 2019

Last year, Inditex’s Executive Chairman Pablo Isla announced that all Inditex stores would be fully digital, integrated with the online platform and sustainable by 2020. By then, the RFID system, already completely operational at Zara, Massimo Dutti and Uterqüe, will have been deployed across the rest of the Group’s brands, coinciding with completion of the rollout of the eco-efficient store programme, which already covers 86% of the store estate.

To achieve its targets for 2020, the Group has been executing a store streamlining plan since 2012, which has paved the way for the technological upgrade of 90% of the store network, marked by 3,364 store openings (net of closures), 3,383 refurbishments and extensions and the absorption of 1,400 smaller-sized units in the last six years.

To carry forward his vision Pablo has proposed Carlos Crespo as the Group’s CEO, as he feels that Crespo has been doing excellent work in several areas of the company in his capacity as COO and his contribution will be vital “at a time marked by Inditex’s strategic digital transformation and far-reaching commitment to sustainability”.

In his new position as CEO from July, reporting to Pablo Isla as Executive Chairman, Carlos Crespo will be responsible for Technology (Systems, Data & Digital), IT Security, Logistics and Transportation, Construction&Works, Legal, Procurement and Sustainability. In addition, he will work together with Pablo Isla to define the overall business strategy.

Carlos Crespo who joined the company in 2001, as head of accounting policies, said, “Digital transformation and sustainability in all its manifestations represent exciting challenges where innovation, entrepreneurial spirit and teamwork are prerequisites. Fortunately these are the hallmarks of our corporate culture”.

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