Retail Group Georgia is the representative of Inditex brands in Georgia, including Zara, Bershka, Stradivarius, as well as Mango and other brands.
The company has published its 2021 fiscal year report, which shows sales for the period from April, 2020 to March, 2021. According to the report, Retail Group Georgia's sales during this period were GEL 107 million, 30% down compared to the previous fiscal year.
The decline in sales during this period was due to trade restrictions and a drop in tourism and as result, Retail Group Georgia had a loss of 7.8 million GEL.
Retail Group Georgia aims to increase sales through digital channels. According to the company’s report, Retail Group Georgia’s goal is to increase the share of online sales to 7% in the company’s total sales. the main trading platform of the company is the Georgian part of Zara.com. The company also plans to start online shopping for other brands of clothing and accessories.
The company employs about 700 people in Georgia.
Retail Group Georgia itself is a subsidiary of Alhokair, a Saudi-based trading company. The company operates 1,700 clothing stores worldwide, which sales has amounted to $ 1.1 billion in 2021, while $ 1.4 billion - in 2020.
