Inditex Targets Online Growth as Annual Profit Soars

The transcript discusses the significant sales growth of a retailer, driven by online integration. Despite robust sales, the company is slowing store expansion, focusing on maximizing existing store sales. The logistics strategy involves centralized warehouses in Spain, enhancing efficiency. Retail data provides insights into consumer sentiment, particularly in Spain, indicating economic recovery. The impact of foreign exchange on sales and margins is also analyzed.

Discuss the logistics strategy of Inditex as described in the text.

What insights can be drawn about consumer sentiment in Europe based on the retail performance?