Inditex: Difference between revisions

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| image = Sede de inditex arteixo.jpg
| image = Sede de inditex arteixo.jpg
| image_caption = Headquarters in [[Arteixo]], Spain
| image_caption = Headquarters in [[Arteixo]], Spain
| type = [[Public company|Public]]
| type = [[Public company]]
| traded_as = {{BMAD|ES0148396007|ITX}}<br>[[IBEX 35]]
| traded_as = {{BMAD|ES0148396007|ITX}}<br>[[IBEX 35]]
| ISIN = {{ISIN|sl=n|pl=y|ES0148396007}}
| ISIN = {{ISIN|sl=n|pl=y|ES0148396007}}
| industry = [[Retail]]
| industry = [[Retail industry|Retail]]
| predecessor = {{unbulleted list|Confecciones GOA, S.A.|GOASAM, S.A.}}
| predecessor = {{unbulleted list|Confecciones GOA, S.A.|GOASAM, S.A.}}
| foundation = [[A Coruña]], [[Galicia, Spain|Galicia]], Spain<br />({{Start date and age|df=yes|1985|06|12}})
| foundation = [[A Coruña]], [[Galicia, Spain|Galicia]], Spain<br />({{Start date and age|df=yes|1985|06|12}})
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| location_city = [[Arteixo]], [[Galicia (Spain)|Galicia]]
| location_city = [[Arteixo]], [[Galicia (Spain)|Galicia]]
| location_country = Spain
| location_country = Spain
| locations = 7,292 stores<ref name="AR2015" />
| locations = 5,563 stores <ref name="AR2024" />
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{Unbulleted list|Óscar García Maceiras ([[Chief executive officer|CEO]])|[[Marta Ortega]] ([[chairwoman]])}}
| key_people = {{Unbulleted list|Óscar García Maceiras ([[Chief executive officer|CEO]])|[[Marta Ortega]] ([[chairwoman]])}}
| products = [[Clothing]] & [[fashion]]
| products = [[Clothing]] & [[fashion]]
| revenue = {{increase}} €35.95 billion (2023)<ref name="FY2023" />
| revenue = {{increase}} €38.63 billion (2024)<ref name="AR2024" />
| operating_income = {{increase}} €6.87 billion (2023)<ref name="FY2023" />
| operating_income = {{increase}} €7.57 billion (2024)<ref name="AR2024" />
| net_income = {{increase}} €5.38 billion (2023)<ref name="FY2023" />
| net_income = {{increase}} €5.86 billion (2024)<ref name="AR2024" />
| assets = {{increase}} €32.74 billion (2023)<ref name="FY2023" />
| assets = {{increase}} €34.71 billion (2024)<ref name="AR2024" />
| equity = {{increase}} €18.67 billion (2023)<ref name="FY2023" />
| equity = {{increase}} €19.67 billion (2024)<ref name="AR2024" />
| owner =  
| owner = [[Amancio Ortega]] (59%)<ref>{{cite web |title=Inditex Shareholder Structure |url=https://www.inditex.com/itxcomweb/us/en/investors/corporate-governance/shareholder-structure |website=Inditex.com |publisher=Inditex |access-date=7 August 2025}}</ref>
| num_employees = {{decrease}} 161,281 (2023) <ref name="FY2023" />
| num_employees = {{increase}} 162,083 (2024) <ref name="FY2023" />
| subsid = [[Zara (clothing)|Zara]], [[Pull&Bear]], [[Bershka]], [[Massimo Dutti]], [[Stradivarius (Inditex)|Stradivarius]], [[Oysho]], [[Zara Home]], [[Uterqüe]], Lefties
| subsid = [[Zara (clothing)|Zara]], [[Bershka]], [[Pull&Bear]], [[Massimo Dutti]], [[Stradivarius (Inditex)|Stradivarius]], [[Oysho]], [[Zara Home]], [[Uterqüe]], Lefties
| homepage = {{URL|http://www.inditex.com}}
| homepage = {{URL|http://www.inditex.com}}
| footnotes = <ref name="AR2019">{{Cite web|url=https://www.inditex.com/en/article?articleId=662520&title=Inditex+exceeds+%E2%82%AC1.1+billion+net+profit|title=Article - inditex.com|website=www.inditex.com}}</ref>
| footnotes = <ref name="AR2024">{{cite web |title=Inditex Group Annual Report 2024 |url=https://www.inditex.com/itxcomweb/api/media/604197b9-50de-4f4f-ab84-c1e379cb3fd0/Inditex_Group_Annual_Report_2024.pdf |website=Inditex.com |publisher=Inditex |access-date=7 August 2025 |format=PDF |language=en}}</ref>
<ref name="FY2023">{{Cite web|url=https://static.inditex.com/annual_report_2023/es/Cuentas_Anuales_Consolidadas_2023.pdf|title=ITX - FY2023 Results
<ref name="AR2019">{{Cite web|url=https://www.inditex.com/en/article?articleId=662520&title=Inditex+exceeds+%E2%82%AC1.1+billion+net+profit|title=Article - inditex.com|website=www.inditex.com}}</ref><ref name="FY2023">{{Cite web|url=https://static.inditex.com/annual_report_2023/es/Cuentas_Anuales_Consolidadas_2023.pdf|title=ITX - FY2023 Results
|website=www.inditex.com}}</ref><ref name="AR2015">{{cite web |url=http://static.inditex.com/annual_report_2016/en/|title=Financial Data|format=pdf |access-date=27 February 2018|publisher=Inditex}}</ref>
|website=www.inditex.com}}</ref><ref name="AR2015">{{cite web |url=http://static.inditex.com/annual_report_2016/en/|title=Financial Data|format=pdf |access-date=27 February 2018|publisher=Inditex}}</ref>}}'''Industria de Diseño Textil, S.A.''' ('''Inditex'''; {{IPAc-en|ˌ|ɪ|n|d|ɪ|ˈ|t|ɛ|k|s|}}, {{IPA|es|indiˈteks|lang}}; {{literal translation|Textile Design Industry}}) is a Spanish [[Multinational corporation|multinational]] clothing company headquartered in [[Arteixo]], [[Galicia (Spain)|Galicia]], Spain.<ref>{{cite web|url=https://www.theguardian.com/fashion/2013/dec/15/inditex-spain-global-fashion-powerhouse|title=Inditex: Spain's Fashion Powerhouse You've Probably Never Heard Of|work=The Guardian|first=Sarah |last=Butler|date=14 December 2013|access-date=20 April 2016}}</ref> The largest [[fast fashion]] group in the world,<ref>{{Cite web|url=https://digital.hbs.edu/platform-rctom/submission/inditex-king-of-fast-fashion/|title = Inditex, king of fast fashion}}</ref> it operates over 7,200 stores in 93 markets worldwide.<ref>{{Cite web|url=http://www.inditex.com/en/our_group/international_presence|title=International presence - inditex.com|website=www.inditex.com|archive-url=https://web.archive.org/web/20160910035136/http://www.inditex.com/en/our_group/international_presence|archive-date=10 September 2016|url-status=dead|access-date=2017-03-16|df=dmy-all}}</ref><ref name="bbc2016">{{cite web|url=https://www.bbc.com/news/business-35761916|title=Zara Owner Inditex Sees Profits Jump as Sales Soar|publisher=BBC|date=9 March 2016 |access-date=16 March 2016}}</ref><ref name="bof">{{cite web|url=http://www.businessoffashion.com/articles/intelligence/inditex-agile-fashion-force|title=Inditex:Agile Fashion Force|publisher=Business of Fashion|date=30 March 2015|first1=Kate |last1=Abnett |first2=Imran |last2=Amed|access-date=20 April 2016}}</ref> The company's predominant brand is [[Zara (retailer)|Zara]], but it also owns a number of other brands including [[Zara Home]], [[Bershka]], [[Massimo Dutti]], [[Oysho]], [[Pull&Bear]], [[Stradivarius (Inditex)|Stradivarius]], [[Uterqüe]]. The majority of its stores are corporate-owned, while [[Franchising|franchise]]s are mainly conceded in countries where corporate properties cannot be foreign-owned.<ref name="fund" />
}}'''Industria de Diseño Textil, S.A.''' ('''Inditex'''; {{IPAc-en|ˌ|ɪ|n|d|ɪ|ˈ|t|ɛ|k|s|}}, {{IPA|es|indiˈteks|lang}}; {{literal translation|Textile Design Industry}}) is a Spanish [[Multinational corporation|multinational]] clothing company headquartered in [[Arteixo]], [[Galicia (Spain)|Galicia]], Spain.<ref>{{cite web|url=https://www.theguardian.com/fashion/2013/dec/15/inditex-spain-global-fashion-powerhouse|title=Inditex: Spain's Fashion Powerhouse You've Probably Never Heard Of|work=The Guardian|first=Sarah |last=Butler|date=14 December 2013|access-date=20 April 2016}}</ref> The largest [[fast fashion]] group in the world,<ref>{{Cite web|url=https://digital.hbs.edu/platform-rctom/submission/inditex-king-of-fast-fashion/|title = Inditex, king of fast fashion}}</ref> it operates over 7,200 stores in 93 markets worldwide.<ref>{{Cite web|url=http://www.inditex.com/en/our_group/international_presence|title=International presence - inditex.com|website=www.inditex.com|archive-url=https://web.archive.org/web/20160910035136/http://www.inditex.com/en/our_group/international_presence|archive-date=10 September 2016|url-status=dead|access-date=2017-03-16|df=dmy-all}}</ref><ref name="bbc2016">{{cite web|url=https://www.bbc.com/news/business-35761916|title=Zara Owner Inditex Sees Profits Jump as Sales Soar|publisher=BBC|date=9 March 2016 |access-date=16 March 2016}}</ref><ref name="bof">{{cite web|url=http://www.businessoffashion.com/articles/intelligence/inditex-agile-fashion-force|title=Inditex:Agile Fashion Force|publisher=Business of Fashion|date=30 March 2015|first1=Kate |last1=Abnett |first2=Imran |last2=Amed|access-date=20 April 2016}}</ref> The company's predominant brand is [[Zara (retailer)|Zara]], but it also owns a number of other brands including [[Zara Home]], [[Bershka]], [[Massimo Dutti]], [[Oysho]], [[Pull&Bear]], [[Stradivarius (Inditex)|Stradivarius]], [[Uterqüe]] and Lefties. The majority of its stores are corporate-owned, while [[Franchising|franchise]]s are mainly conceded in countries where corporate properties cannot be foreign-owned.<ref name="fund" />


Inditex's business model emphasises fast response to market trends. The company has implemented a system that allows for frequent product updates in stores, with the process from design to retail shelf reportedly taking as little as 15 days in some cases. This approach contrasts with the longer production cycles typical of many traditional fashion companies.<ref name="npr">{{cite web |last=Frayer |first=Lauren |date=12 March 2013 |title=The Reclusive Spanish Billionaire Behind Zara's Fast Fashion Empire |url=https://www.npr.org/2013/03/12/173461375/the-recluse-spanish-billionaire-behind-zaras-fast-fashion-empire |access-date=20 April 2016 |publisher=NPR}}</ref>
Inditex's business model emphasises fast response to market trends. The company has implemented a system that allows for frequent product updates in stores, with the process from design to retail shelf reportedly taking as little as 15 days in some cases. This approach contrasts with the longer production cycles typical of many traditional fashion companies.<ref name="npr">{{cite web |last=Frayer |first=Lauren |date=12 March 2013 |title=The Reclusive Spanish Billionaire Behind Zara's Fast Fashion Empire |url=https://www.npr.org/2013/03/12/173461375/the-recluse-spanish-billionaire-behind-zaras-fast-fashion-empire |access-date=20 April 2016 |publisher=NPR}}</ref>


The Uyghur Rights Monitor, [[Sheffield Hallam University]], and the Uyghur Center for Democracy and Human Rights have accused the company of using [[Uyghurs|Uyghur]] forced labour through the Chinese based textile supplier [[Beijing Guanghua textile group]].<ref>{{Cite book |url=https://www.shu.ac.uk/-/media/home/research/helena-kennedy-centre/projects/eu-apparel/eu-tailoring-responsibility-february-24.pdf |title=Tailoring Responsibility: Tracing Apparel Supply Chains from the Uyghur Region to Europe |date=December 2023 |publisher=Uyghur Rights Monitor, the Helena Kennedy Centre for International Justice at Sheffield Hallam University, and the Uyghur Center for Democracy and Human Rights |pages=20 |language=En}}</ref>
The Uyghur Rights Monitor, [[Sheffield Hallam University]], and the Uyghur Center for Democracy and Human Rights have accused the company of using [[Uyghurs|Uyghur]] forced labour through the Chinese based textile supplier Beijing Guanghua Textile Group.<ref>{{Cite book |url=https://www.shu.ac.uk/-/media/home/research/helena-kennedy-centre/projects/eu-apparel/eu-tailoring-responsibility-february-24.pdf |title=Tailoring Responsibility: Tracing Apparel Supply Chains from the Uyghur Region to Europe |date=December 2023 |publisher=Uyghur Rights Monitor, the Helena Kennedy Centre for International Justice at Sheffield Hallam University, and the Uyghur Center for Democracy and Human Rights |pages=20 |language=En |archive-date=27 March 2024 |access-date=29 March 2024 |archive-url=https://web.archive.org/web/20240327153232/https://www.shu.ac.uk/-/media/home/research/helena-kennedy-centre/projects/eu-apparel/eu-tailoring-responsibility-february-24.pdf |url-status=dead }}</ref>


==History==
==History==
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===1980–2000===
===1980–2000===
In the 1980s, the company implemented a new design and distribution method that drastically reduced the time between design, production, and arrival at retail sites.<ref name= oz>{{cite book|title=The Last Retail Evolution|first=Tolga|last=Ozkurt|publisher=Editrice Le Fonti|isbn=978-88-6109-075-0|url=https://books.google.com/books?id=cZreKquj8iQC|pages=47–49|year=2010}}{{Dead link|date=June 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> The system was designed by Castellano, who became the company's CEO in 1984. In 1985, Industria de Diseño Textil S.A. or Inditex was created as a holding company for Zara and its manufacturing plants.<ref>{{cite magazine|url=https://www.nytimes.com/2012/11/11/magazine/how-zara-grew-into-the-worlds-largest-fashion-retailer.html?_r=0|title=How Zara Grew Into the World's Largest Fashion Retailer|magazine=New York Times Magazine |date= 9 November 2012|first=Suzy |last=Hansen |access-date=8 April 2016}}</ref> In 1988, the company began expanding internationally with the opening of a Zara store in [[Porto]], [[Portugal]].<ref>{{cite news|url=http://news.bbc.co.uk/2/hi/business/1346473.stm|title=Spain's Retail Success Story|work=BBC News |first=Orla |last=Ryan |date=23 May 2001 |access-date=8 April 2016}}</ref> In 1990, the company-owned footwear collection, Tempe, populated in the children's section of Zara stores.<ref>{{cite web|url=https://www.tempe.es/en/trayectoria-tempe|title=Company History|publisher=Tempe Groupo Inditex|access-date=8 April 2016|archive-date=9 April 2016|archive-url=https://web.archive.org/web/20160409154531/http://www.tempe.es/en/trayectoria-tempe|url-status=dead}}</ref> In 1991, Inditex created the company Pull and Bear, a casual menswear company.<ref>{{cite web|url=http://www.pullandbear.com/mk/en/company-c57003.html?subsectionId=company_01_01|title=Company History|publisher=Pull and Bear|access-date=8 April 2016}}</ref><ref>{{cite web|url=https://www.fashionunited.co.uk/news/columns/pull-and-bear-first-uk-store-200806095691|title=Pull and Bear First UK Store|publisher=Fashion United|access-date=8 April 2016}}</ref> Later that year, the company also acquired a 65 percent share in the upscale Massimo Dutti brand. Inditex created Lefties in 1993; the name is taken from the term leftovers, and it was created to sell old Zara clothing.<ref>{{cite news|url=http://fashion.telegraph.co.uk/columns/bibby-sowray/TMG10707831/Lefties-the-Zara-outlet-you-never-knew-about.html|archive-url=https://web.archive.org/web/20150628161242/http://fashion.telegraph.co.uk/columns/bibby-sowray/TMG10707831/Lefties-the-Zara-outlet-you-never-knew-about.html|archive-date=2015-06-28|title=Lefties:The Zara Outlet You Never Knew About|newspaper=The Telegraph|date=19 March 2014|first=Bibby |last=Sowray|access-date=4 November 2015}}</ref> In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line.<ref>{{cite web|url=https://www.inditex.com/documents/10279/18789/Grupo_INDITEX_evo_eng98.pdf/21dee54f-e098-4065-bc51-2544321a558d|title=Annual Report Massimo Dutti|publisher=Inditex|date=1998|access-date=8 April 2016}}</ref> In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion.<ref>{{cite web|url=https://www.inditex.com/brands/bershka|title=Bershka About|publisher=Inditex|access-date=8 April 2016}}</ref> The company bought Stradivarius in 1999, a youthful female fashion brand.<ref name = fund>{{cite web|url=http://www.fundinguniverse.com/company-histories/industria-de-dise%C3%B1o-textil-s-a-history/|title=Industria de Diseno Textil S.A. History |publisher=Funding Universe|access-date=8 April 2016}}</ref>
In the 1980s, the company implemented a new design and distribution method that drastically reduced the time between design, production, and arrival at retail sites.<ref name= oz>{{cite book|title=The Last Retail Evolution|first=Tolga|last=Ozkurt|publisher=Editrice Le Fonti|isbn=978-88-6109-075-0|url=https://books.google.com/books?id=cZreKquj8iQC|pages=47–49|year=2010}}{{Dead link|date=June 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> The system was designed by Castellano, who became the company's CEO in 1984. In 1985, Industria de Diseño Textil S.A. or Inditex was created as a holding company for Zara and its manufacturing plants.<ref>{{cite magazine|url=https://www.nytimes.com/2012/11/11/magazine/how-zara-grew-into-the-worlds-largest-fashion-retailer.html?_r=0|title=How Zara Grew Into the World's Largest Fashion Retailer|magazine=New York Times Magazine |date= 9 November 2012|first=Suzy |last=Hansen |access-date=8 April 2016}}</ref> In 1988, the company began expanding internationally with the opening of a Zara store in [[Porto]], [[Portugal]].<ref>{{cite news|url=https://news.bbc.co.uk/2/hi/business/1346473.stm|title=Spain's Retail Success Story|work=BBC News |first=Orla |last=Ryan |date=23 May 2001 |access-date=8 April 2016}}</ref> In 1990, the company-owned footwear collection, Tempe, populated in the children's section of Zara stores.<ref>{{cite web|url=https://www.tempe.es/en/trayectoria-tempe|title=Company History|publisher=Tempe Groupo Inditex|access-date=8 April 2016|archive-date=9 April 2016|archive-url=https://web.archive.org/web/20160409154531/http://www.tempe.es/en/trayectoria-tempe|url-status=dead}}</ref> In 1991, Inditex created the company Pull and Bear, a casual menswear company.<ref>{{cite web|url=http://www.pullandbear.com/mk/en/company-c57003.html?subsectionId=company_01_01|title=Company History|publisher=Pull and Bear|access-date=8 April 2016}}</ref><ref>{{cite web|url=https://www.fashionunited.co.uk/news/columns/pull-and-bear-first-uk-store-200806095691|title=Pull and Bear First UK Store|publisher=Fashion United|access-date=8 April 2016}}</ref> Later that year, the company also acquired a 65 percent share in the upscale Massimo Dutti brand. Inditex created Lefties in 1993; the name is taken from the term leftovers, and it was created to sell old Zara clothing.<ref>{{cite news|url=http://fashion.telegraph.co.uk/columns/bibby-sowray/TMG10707831/Lefties-the-Zara-outlet-you-never-knew-about.html|archive-url=https://web.archive.org/web/20150628161242/http://fashion.telegraph.co.uk/columns/bibby-sowray/TMG10707831/Lefties-the-Zara-outlet-you-never-knew-about.html|archive-date=2015-06-28|title=Lefties:The Zara Outlet You Never Knew About|newspaper=The Telegraph|date=19 March 2014|first=Bibby |last=Sowray|access-date=4 November 2015}}</ref> In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line.<ref>{{cite web|url=https://www.inditex.com/documents/10279/18789/Grupo_INDITEX_evo_eng98.pdf/21dee54f-e098-4065-bc51-2544321a558d|title=Annual Report Massimo Dutti|publisher=Inditex|date=1998|access-date=8 April 2016}}</ref> In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion.<ref>{{cite web|url=https://www.inditex.com/brands/bershka|title=Bershka About|publisher=Inditex|access-date=8 April 2016}}</ref> The company bought Stradivarius in 1999, a youthful female fashion brand.<ref name = fund>{{cite web|url=http://www.fundinguniverse.com/company-histories/industria-de-dise%C3%B1o-textil-s-a-history/|title=Industria de Diseno Textil S.A. History |publisher=Funding Universe|access-date=8 April 2016}}</ref>


===2001–present===
===2001–present===
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In the three months to 30 April 2023, the group reported a 13% increase in sales to £6.54 billion and a 14% rise in profit to £3.96 billion.<ref>{{Cite web |last=Wright |first=Georgia |date=2023-06-07 |title=Zara owner Inditex's profits continue to soar as it eyes 'strong growth opportunities' - Retail Gazette |url=https://www.retailgazette.co.uk/blog/2023/06/zara-inditexs-profits-rise/ |access-date=2023-08-23 |website=www.retailgazette.co.uk |language=en-GB}}</ref><ref>{{Cite news |last1=Pons |first1=Corina |last2=Reid |first2=Helen |last3=Pons |first3=Corina |last4=Reid |first4=Helen |date=2023-06-07 |title=Zara-owner Inditex enjoys strong start to summer |language=en |work=Reuters |url=https://www.reuters.com/business/retail-consumer/zara-owner-inditexs-quarterly-profit-rises-54-sale-boom-continues-2023-06-07/ |access-date=2023-08-23}}</ref>
In the three months to 30 April 2023, the group reported a 13% increase in sales to £6.54 billion and a 14% rise in profit to £3.96 billion.<ref>{{Cite web |last=Wright |first=Georgia |date=2023-06-07 |title=Zara owner Inditex's profits continue to soar as it eyes 'strong growth opportunities' - Retail Gazette |url=https://www.retailgazette.co.uk/blog/2023/06/zara-inditexs-profits-rise/ |access-date=2023-08-23 |website=www.retailgazette.co.uk |language=en-GB}}</ref><ref>{{Cite news |last1=Pons |first1=Corina |last2=Reid |first2=Helen |last3=Pons |first3=Corina |last4=Reid |first4=Helen |date=2023-06-07 |title=Zara-owner Inditex enjoys strong start to summer |language=en |work=Reuters |url=https://www.reuters.com/business/retail-consumer/zara-owner-inditexs-quarterly-profit-rises-54-sale-boom-continues-2023-06-07/ |access-date=2023-08-23}}</ref>
Inditex announced plans to open 200 new Lefties stores across Europe, including the UK and France, in 2026. This expansion is part of the company’s efforts to grow its budget fashion segment.<ref>{{cite web |title=Inditex to launch 200 Lefties stores across Europe in 2026 |url=https://europe-re.com/inditex-to-launch-200-lefties-stores-across-europe-in-2026/74295 |website=Europe Real Estate |publisher=Europe Real Estate |access-date=7 August 2025}}</ref>


==International presence==
==International presence==
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==Online sales==
==Online sales==
In 2007, Inditex launched the Zara Home online retail store.<ref>{{cite web|url=http://www.retailnews.asia/zara-home-to-launch-its-online-platform-in-australia/|title=Zara Home to Launch its Online Platform in Australia|publisher=Retail News Asia |date=12 July 2015|access-date=14 April 2016}}</ref> Zara joined the [[e-commerce]] marketplace in September 2010, launching websites in Spain, the UK, Portugal, Italy, Germany and [[France]].<ref>{{cite news|url=https://www.reuters.com/article/us-inditex-results-idUSKBN0ME11N20150318|title=Zara-Owner Inditex to Trim Investment After Strong Sales |work=Reuters|author=Sarah Morris |date=18 March 2015 |access-date=14 April 2016}}</ref><ref>{{cite web|url=http://fashionista.com/2010/06/zara-will-finally-offer-e-commerce-but-not-for-us-customers|title=Zara Will Finally Offer E-Commerce, But Not to US Customers|publisher=Fashionista |author=Lauren Sherman |date=9 June 2010 |access-date=14 April 2016}}</ref> In November 2010, Zara's online presence grew to include [[Austria]], [[Republic of Ireland|Ireland]], the [[Netherlands]], Belgium and Luxembourg.<ref>{{cite news|url=https://blogs.wsj.com/source/2010/09/22/zara-tries-a-fast-one-on-the-net/|title=Zara Tries a Fast One on the Net|newspaper= Wall Street Journal|date=22 September 2010|author=Christopher Bjork |access-date=14 April 2016}}</ref> In September 2011, Inditex brought Zara's e-commerce platform to the U.S.,<ref>{{cite web|url=https://www.internetretailer.com/2011/09/06/zara-launches-e-commerce-operations-us|title=Zara Launches E-Commerce Operations in the U.S.|publisher=Internet Retailer |date=6 September 2011 |author=Allison Enright |access-date=14 April 2016}}</ref> as well as adding the brands Pull and Bear, Massimo Dutti, Bershka, Stadivarius, Oysho and Uterqüe to the e-commerce space.<ref>{{cite web|url= http://us.fashionmag.com/news/Inditex-repatriates-its-e-commerce-services,202121.html#.VsNIffkrKUk|title=Inditex Repartriates its E-commerce Services|publisher=Fashion Mag|date=18 September 2011 |author=Olivier Guyot |access-date=14 April 2016}}</ref> As of February 2016, Inditex operates e-commerce sites in 28 markets and plans to add 12 more by April.<ref>{{cite web|url=https://www.bbc.com/news/business-31939274|title=Zara Owner Inditex Profits up 5%|publisher=BBC|date= 18 March 2015 |access-date=17 June 2016}}</ref><ref>{{cite web |url=http://us.fashionmag.com/news/Inditex-to-consolidate-its-e-commerce-business-in-2016,607247.html#.VsNLsPkrKUk |archive-url=https://web.archive.org/web/20160423060946/http://us.fashionmag.com/news/Inditex-to-consolidate-its-e-commerce-business-in-2016,607247.html#.VsNLsPkrKUk |url-status=dead |archive-date=23 April 2016 |title=Inditex to Consolidate Its E-commerce Business in 2016 |publisher=Fashion Mag |first=Triana |last=Alonso |date=14 December 2015 |access-date=17 June 2016 }}</ref><ref>{{cite web|url=http://www.inditex.com/en/media/news_article?articleId=195459|title=Inditex Launches New Online Stores in Denmark, Ireland, Italy, Luxembourg, Poland, Romania and Sweden Today|publisher=Inditex |date=4 February 2016|access-date=17 June 2016}}</ref> In September 2018, Inditex announced to sell all its brands online by 2020, even in places where it does not own any stores.<ref>{{Cite news|url=https://www.reuters.com/article/us-inditex-technology-internet/zara-owner-inditex-to-sell-all-its-brands-online-by-2020-idUSKCN1LK2A0|title=Zara owner Inditex to sell all its brands online by 2020|author=((Reuters Editorial))|work=U.S.|access-date=2018-09-05|language=en-US}}</ref><ref>{{Cite news|url=https://www.cnbc.com/2018/09/04/zara-owner-inditex-to-sell-all-its-brands-online-by-2020.html|title=Zara owner Inditex to sell all its brands online by 2020|last=CNBC|date=2018-09-04|work=CNBC|access-date=2018-09-05|archive-date=5 September 2018|archive-url=https://web.archive.org/web/20180905105733/https://www.cnbc.com/2018/09/04/zara-owner-inditex-to-sell-all-its-brands-online-by-2020.html|url-status=dead}}</ref>
In 2007, Inditex launched the Zara Home online retail store.<ref>{{cite web|url=http://www.retailnews.asia/zara-home-to-launch-its-online-platform-in-australia/|title=Zara Home to Launch its Online Platform in Australia|publisher=Retail News Asia |date=12 July 2015|access-date=14 April 2016}}</ref> Zara joined the [[e-commerce]] marketplace in September 2010, launching websites in Spain, the UK, Portugal, Italy, Germany and [[France]].<ref>{{cite news|url=https://www.reuters.com/article/us-inditex-results-idUSKBN0ME11N20150318|title=Zara-Owner Inditex to Trim Investment After Strong Sales |work=Reuters|author=Sarah Morris |date=18 March 2015 |access-date=14 April 2016}}</ref><ref>{{cite web|url=http://fashionista.com/2010/06/zara-will-finally-offer-e-commerce-but-not-for-us-customers|title=Zara Will Finally Offer E-Commerce, But Not to US Customers|publisher=Fashionista |author=Lauren Sherman |date=9 June 2010 |access-date=14 April 2016}}</ref> In November 2010, Zara's online presence grew to include [[Austria]], [[Republic of Ireland|Ireland]], the [[Netherlands]], Belgium and Luxembourg.<ref>{{cite news|url=https://blogs.wsj.com/source/2010/09/22/zara-tries-a-fast-one-on-the-net/|title=Zara Tries a Fast One on the Net|newspaper= Wall Street Journal|date=22 September 2010|author=Christopher Bjork |access-date=14 April 2016}}</ref> In September 2011, Inditex brought Zara's e-commerce platform to the U.S.,<ref>{{cite web|url=https://www.internetretailer.com/2011/09/06/zara-launches-e-commerce-operations-us|title=Zara Launches E-Commerce Operations in the U.S.|publisher=Internet Retailer |date=6 September 2011 |author=Allison Enright |access-date=14 April 2016}}</ref> as well as adding the brands Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe to the e-commerce space.<ref>{{cite web|url= http://us.fashionmag.com/news/Inditex-repatriates-its-e-commerce-services,202121.html#.VsNIffkrKUk|title=Inditex Repartriates its E-commerce Services|publisher=Fashion Mag|date=18 September 2011 |author=Olivier Guyot |access-date=14 April 2016}}</ref> As of February 2016, Inditex operates e-commerce sites in 28 markets and plans to add 12 more by April.<ref>{{cite web|url=https://www.bbc.com/news/business-31939274|title=Zara Owner Inditex Profits up 5%|publisher=BBC|date= 18 March 2015 |access-date=17 June 2016}}</ref><ref>{{cite web |url=http://us.fashionmag.com/news/Inditex-to-consolidate-its-e-commerce-business-in-2016,607247.html#.VsNLsPkrKUk |archive-url=https://web.archive.org/web/20160423060946/http://us.fashionmag.com/news/Inditex-to-consolidate-its-e-commerce-business-in-2016,607247.html#.VsNLsPkrKUk |url-status=dead |archive-date=23 April 2016 |title=Inditex to Consolidate Its E-commerce Business in 2016 |publisher=Fashion Mag |first=Triana |last=Alonso |date=14 December 2015 |access-date=17 June 2016 }}</ref><ref>{{cite web|url=http://www.inditex.com/en/media/news_article?articleId=195459|title=Inditex Launches New Online Stores in Denmark, Ireland, Italy, Luxembourg, Poland, Romania and Sweden Today|publisher=Inditex |date=4 February 2016|access-date=17 June 2016}}</ref> In September 2018, Inditex announced to sell all its brands online by 2020, even in places where it does not own any stores.<ref>{{Cite news|url=https://www.reuters.com/article/us-inditex-technology-internet/zara-owner-inditex-to-sell-all-its-brands-online-by-2020-idUSKCN1LK2A0|title=Zara owner Inditex to sell all its brands online by 2020|author=((Reuters Editorial))|work=U.S.|access-date=2018-09-05|language=en-US}}</ref><ref>{{Cite news|url=https://www.cnbc.com/2018/09/04/zara-owner-inditex-to-sell-all-its-brands-online-by-2020.html|title=Zara owner Inditex to sell all its brands online by 2020|last=CNBC|date=2018-09-04|work=CNBC|access-date=2018-09-05|archive-date=5 September 2018|archive-url=https://web.archive.org/web/20180905105733/https://www.cnbc.com/2018/09/04/zara-owner-inditex-to-sell-all-its-brands-online-by-2020.html|url-status=dead}}</ref>


==Marketing strategy==
==Marketing strategy==
Line 81: Line 82:


==Brands==
==Brands==
Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.<ref>{{Cite web|url=http://www.inditex.com/en/our_group/international_presence|title=International presence - inditex.com|website=www.inditex.com|access-date=2016-07-16|url-status=dead|archive-url=https://web.archive.org/web/20160910035136/http://www.inditex.com/en/our_group/international_presence|archive-date=10 September 2016|df=dmy-all}}</ref>  
Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.<ref name="AR2024" />
{| class="wikitable sortable"
{| class="wikitable sortable"
|-
|-
!Company
!Company
!No. of stores<ref>{{cite web |url=https://www.inditex.com/itxcomweb/api/media/9f9bb2e5-99da-4127-8337-4f829b874628/inditex_annual_report_2021.pdf |title=Inditex Annual Report 2021 |publisher=inditex.com |date= 2021 |access-date=24 January 2023}}</ref><ref>{{Cite web|url=https://www.linkedin.com/company/lefties/about|title=Lefties Make It Easy, Make It Simple|website=www.linkedin.com|access-date=15 March 2023}}</ref>  
!No. of stores<ref name="AR2024" />
 
!Year of creation<ref>{{Cite web|url=http://www.inditex.com/en/our_group/our_history|title=Our History - inditex.com|website=www.inditex.com|access-date=21 February 2017}}</ref>  
!Year of creation<ref>{{Cite web|url=http://www.inditex.com/en/our_group/our_history|title=Our History - inditex.com|website=www.inditex.com|access-date=21 February 2017}}</ref>  
!Market
!Market
Line 92: Line 92:
|-
|-
|[[Zara (retailer)|Zara]]
|[[Zara (retailer)|Zara]]
|align="center"|1,939
|align="center"|1,759
|1975
|1975
|Fashion for men, women and children
|Fashion for men, women and children
|
|
|-
|-
|[[Pull and Bear]]
|[[Pull&Bear]]
|align="center"|964
|align="center"|800
|1991
|1991
|Clothing and accessories for young women and men
|Clothing and accessories for young women and men
Line 104: Line 104:
|-
|-
|[[Massimo Dutti]]
|[[Massimo Dutti]]
|align="center"|682
|align="center"|528
|1991 (acquired)
|1991 (acquired)
|Clothing and accessories for young women and men
|Clothing and accessories for young women and men
Line 110: Line 110:
|-
|-
|Lefties
|Lefties
|align="center"|135
|align="center"|177
|1993
|1993
|Affordable fashion
|Affordable fashion
|Active in sixteen markets: Spain, Portugal, Andorra, Mexico, Qatar, Saudi Arabia, Morocco, Tunisia, the United Arab Emirates, Egypt, Israel, Bahrain, Tunisia, Oman, Romania and Turkey
|Active in eighteen markets: Andorra, Bahrain, Egypt, Israel, Italy, Jordan, Kuwait, Morocco, Mexico, Oman, Portugal, Qatar, Romania, Saudi Arabia, Spain, Tunisia, Turkey, United Arab Emirates
|-
|-
|[[Bershka]]
|[[Bershka]]
|align="center"|971
|align="center"|854
|1998
|1998
|Clothing and accessories for young women and men
|Clothing and accessories for young women and men
Line 122: Line 122:
|-
|-
|[[Stradivarius (Inditex)|Stradivarius]]
|[[Stradivarius (Inditex)|Stradivarius]]
|align="center"|915
|align="center"|835
|1999 (acquired)
|1999 (acquired)
|Clothing and accessories for young women
|Clothing and accessories for young women
Line 128: Line 128:
|-
|-
|[[Oysho]]
|[[Oysho]]
|align="center"|556
|align="center"|396
|2001
|2001
|Lingerie, casual outerwear, loungewear, gym wear & swimwear and original accessories for women
|Lingerie, casual outerwear, loungewear, gym wear & swimwear and original accessories for women
Line 134: Line 134:
|-
|-
|[[Zara Home]]
|[[Zara Home]]
|align="center"|482
|align="center"|391
|2003
|2003
|Home goods and decoration objects
|Home goods and decoration objects
Line 159: Line 159:
|-
|-
|[[Marta Ortega Pérez|Marta Ortega]]
|[[Marta Ortega Pérez|Marta Ortega]]
|Chairman of Inditex
|Chairwoman of Inditex
|April 2022
|April 2022
|42,511
|42,511
Line 263: Line 263:
|0.32%
|0.32%
|€0.442
|€0.442
|}
===Financial data===
{| class="wikitable" style="text-align: right;"
!Financial data
!2018<ref name=":22">{{Cite web |title=Inditex Umsatz, Kennzahlen, Bilanz/GuV |url=https://www.finanzen.net/bilanz_guv/inditex |website=Finanzen.net |language=German}}</ref>
!2019<ref name=":22" />
!2020<ref name=":22" />
!2021<ref name=":22" />
!2022<ref name=":22" />
!2023<ref name=":22" />
!2024<ref name=":22" />
|-
|Sales (in mn. €)
|26,145
|28,286
|20,402
|27,716
|32,569
|35,947
|38,632
|-
|Net profit (in mn. €)
|3,444
|3,639
|1,106
|3,243
|4,130
|5,381
|5,866
|-
|Total equity (in mn. €)
|21,684
|28,391
|26,418
|28,945
|29,983
|32,735
|34,714
|-
|Employees
|174,386
|176,611
|144,116
|165,042
|164,997
|161,281
|162,083
|}
==== Sales by region ====
{| class="wikitable"
!Region
!2024 Sales in billion €<ref>{{Cite web |title=INDITEX: Business Segments and Geographical Breakdown of Revenue |url=https://www.marketscreener.com/quote/stock/INDITEX-16943135/finances-segments/ |access-date=2025-09-18 |website=www.marketscreener.com |language=en-US}}</ref>
!in %
|-
|Europe (excluding Spain)
|20.7
|53.5%
|-
|Americas
|7.0
|18.2%
|-
|Spain
|6.2
|16.1%
|-
|Asia and Rest of the World
|4.7
|12.2%
|}
|}


Line 292: Line 363:
[[Category:Multinational companies headquartered in Spain]]
[[Category:Multinational companies headquartered in Spain]]
[[Category:2001 initial public offerings]]
[[Category:2001 initial public offerings]]
[[Category:Companies of Spain]]

Latest revision as of 22:14, 12 November 2025

Template:Short description Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters".Industria de Diseño Textil, S.A. (Inditex; Template:IPAc-en, Script error: No such module "IPA".; Template:Literal translation) is a Spanish multinational clothing company headquartered in Arteixo, Galicia, Spain.[1] The largest fast fashion group in the world,[2] it operates over 7,200 stores in 93 markets worldwide.[3][4][5] The company's predominant brand is Zara, but it also owns a number of other brands including Zara Home, Bershka, Massimo Dutti, Oysho, Pull&Bear, Stradivarius, Uterqüe. The majority of its stores are corporate-owned, while franchises are mainly conceded in countries where corporate properties cannot be foreign-owned.[6]

Inditex's business model emphasises fast response to market trends. The company has implemented a system that allows for frequent product updates in stores, with the process from design to retail shelf reportedly taking as little as 15 days in some cases. This approach contrasts with the longer production cycles typical of many traditional fashion companies.[7]

The Uyghur Rights Monitor, Sheffield Hallam University, and the Uyghur Center for Democracy and Human Rights have accused the company of using Uyghur forced labour through the Chinese based textile supplier Beijing Guanghua Textile Group.[8]

History

1960s and 1970s

In the early 1960s Amancio Ortega started his own business in the clothing industry while working for a local shirtmaker in A Coruña, Spain.[9] Ortega began developing his designs and he and his wife Rosalia Mera started making clothes in their home.[6][10] Amancio had saved up enough money to open a small factory and sold garments to his former employer, among others.[6]

In 1975, the couple opened their first store, Zara, which produced popular fashion at low prices.[6][7] The following year, Zara was incorporated and began opening more stores and factories in Spain.[6] Later that year, after noticing the growing importance of computers, Ortega hired a local professor, José María Castellano, to develop the company's computing power.[6][11]

1980–2000

In the 1980s, the company implemented a new design and distribution method that drastically reduced the time between design, production, and arrival at retail sites.[12] The system was designed by Castellano, who became the company's CEO in 1984. In 1985, Industria de Diseño Textil S.A. or Inditex was created as a holding company for Zara and its manufacturing plants.[13] In 1988, the company began expanding internationally with the opening of a Zara store in Porto, Portugal.[14] In 1990, the company-owned footwear collection, Tempe, populated in the children's section of Zara stores.[15] In 1991, Inditex created the company Pull and Bear, a casual menswear company.[16][17] Later that year, the company also acquired a 65 percent share in the upscale Massimo Dutti brand. Inditex created Lefties in 1993; the name is taken from the term leftovers, and it was created to sell old Zara clothing.[18] In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line.[19] In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion.[20] The company bought Stradivarius in 1999, a youthful female fashion brand.[6]

2001–present

Inditex had its initial public offering (IPO) in 2001, on the Bolsa de Madrid.[21] The IPO sold 26 percent of the company to public investors, the company was valued at €9 billion.[22] The same year, the company launched the lingerie and women's clothing store Oysho.[23][24]

In 2003, Inditex launched the Zara Home brand, which offers bedding, cutlery, glassware and other home decoration accessories.[25] In 2004, with the opening of store number 2,000 in Hong Kong, Inditex had established its presence in 56 countries.[26]

In 2005, CEO Jose Maria Castellano stepped down from the position to oversee expansion plans, he was replaced by Pablo Isla.[27] Inditex launched Uterque in the summer of 2008, the brand specializes in women's accessories.[28] During the same year, the company opened its 4,000th store in Tokyo after doubling in size within four years.[26] In 2011, Ortega, the founder of the business and majority shareholder, stepped down as deputy chairman and CEO Isla handles day-to-day operations.[26] Later that year, the company opened a store in Australia, a move that would put the company on five continents and in 77 countries.[29] After the 2013 Savar building collapse, Inditex was one of the thirty-eight companies who signed the Accord on Factory and Building Safety in Bangladesh.[30]

As of 2019, Inditex is the biggest fashion retailer in the world by revenue.[31]

The company's revenue fell by 18% to $1.85 billion in the final quarter of 2020, primarily due to the fall in retail sales as a result of the coronavirus pandemic. Inditex's stocks fell by 12% over the year.[32]

In May 2021, Inditex said that all its stores in Venezuela would close as it will review its agreement with its local partner, Phoenix World Trade.[33]

In the three months to 30 April 2023, the group reported a 13% increase in sales to £6.54 billion and a 14% rise in profit to £3.96 billion.[34][35]

Inditex announced plans to open 200 new Lefties stores across Europe, including the UK and France, in 2026. This expansion is part of the company’s efforts to grow its budget fashion segment.[36]

International presence

In 1989, a year after entering Portugal, the company entered the U.S. market[37] and expanded into France in 1990.[6] Expansion continued to Mexico in 1992 and Greece in 1993. In 1994, Inditex opened stores in Belgium and Sweden.[38] By 1997, the company had expanded to Malta, Cyprus, Norway and Israel.[12] In 1998, expansion continued to the UK, Turkey, Argentina, Venezuela, the Middle East and Japan.[12] Canada, Germany, Poland, Saudi Arabia and several South American countries received stores in 1999.[38][39]

The company opened stores in Italy, Luxembourg and Jordan in 2001. In 2003, Inditex opened stores in Russia, Slovakia and Malaysia.[39] The following year Latvia, Hungary, and Panama among other countries where stores opened, including the 2,000th store in Hong Kong.[39] By 2006, the company had expanded into mainland China.[40] In 2010, the company opened their 5,000th location in Rome[26] and its first in India.[40] The first stores in Australia and South Africa opened in 2011.[29] The company's expansion continued to the Serbia, North Macedonia, Armenia, Ecuador, Georgia and Bosnia-Herzegovina in 2012.[39][41] In 2014, Inditex opened stores in Albania.[42] In 2016, Inditex announced that they planned to open stores in Vietnam, New Zealand, Paraguay, Aruba and Nicaragua.[4]

Online sales

In 2007, Inditex launched the Zara Home online retail store.[43] Zara joined the e-commerce marketplace in September 2010, launching websites in Spain, the UK, Portugal, Italy, Germany and France.[44][45] In November 2010, Zara's online presence grew to include Austria, Ireland, the Netherlands, Belgium and Luxembourg.[46] In September 2011, Inditex brought Zara's e-commerce platform to the U.S.,[47] as well as adding the brands Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe to the e-commerce space.[48] As of February 2016, Inditex operates e-commerce sites in 28 markets and plans to add 12 more by April.[49][50][51] In September 2018, Inditex announced to sell all its brands online by 2020, even in places where it does not own any stores.[52][53]

Marketing strategy

Inditex avoids magazine advertising, with print campaigns only occurring on billboards in certain regions like U.S. and in-store. Endorsements for celebrities to wear its labels are budgeted instead. The company invests in commercial locations and uses window displays to increase visibility and product turnover.Script error: No such module "Unsubst".

Plagiarism

Zara has been accused of copying artwork.[54]

In 2017, Zara Home Belgium was convicted of plagiarism by a Brussels Court,[55][56][57][58][59] which was claimed to have been the first plagiarism conviction of a fast retailer.[60]

Brands

Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.[61]

Company No. of stores[61] Year of creation[62] Market Notes
Zara 1,759 1975 Fashion for men, women and children
Pull&Bear 800 1991 Clothing and accessories for young women and men
Massimo Dutti 528 1991 (acquired) Clothing and accessories for young women and men
Lefties 177 1993 Affordable fashion Active in eighteen markets: Andorra, Bahrain, Egypt, Israel, Italy, Jordan, Kuwait, Morocco, Mexico, Oman, Portugal, Qatar, Romania, Saudi Arabia, Spain, Tunisia, Turkey, United Arab Emirates
Bershka 854 1998 Clothing and accessories for young women and men
Stradivarius 835 1999 (acquired) Clothing and accessories for young women
Oysho 396 2001 Lingerie, casual outerwear, loungewear, gym wear & swimwear and original accessories for women
Zara Home 391 2003 Home goods and decoration objects
Uterqüe 82 (closed) 2008 Women's fashion accessories Inditex integrated Uterqüe into Massimo Dutti in September 2021.[63]

Corporate affairs

Board of directors

Bold indicates a company shareholder, and the representative will be listed below.

Member Title(s) Member Since Shares Held Notes
Marta Ortega Chairwoman of Inditex April 2022 42,511 [64]
Óscar García Maceiras CEO of Inditex November 2021 8,570
Jose Arnau Sierra Deputy Chairman of Inditex
First Executive of Grupo Pontegadea
Director of GARTLER, S.L.
Member of the Board of Trustees of Fundacion Amancio Ortega Gaona 		June 2012 30,000
Amancio Ortega Founder & Board Member of Inditex June 1985 1,848,000,315
Pontegadea Inversiones, S.L.
Ms. Flora Perez Marcote 		Board Member of Inditex December 2015
Baroness Kingsmill CBE Board Member of Inditex
Member of the supervisory board of EON
Non-executive director of International Airlines Group SA
Chairman of Mondo
Member of the International Advisory Board of the Spanish Business School (IESE) 		July 2016
Jose Luis Duran Schulz Board Member of Inditex
Independent Director & Member of the Audit Committee of Orange 		July 2015 3,106
Rodrigo Echenique Gordillo Board Member of Inditex
Chairman of NH Hoteles 		July 2014 20,000
Emilio Saracho Rodriguez de Torres Board Member of Inditex
Head of Investment Banking of JPMorgan Europe, Middle East, & Africa, Ltd.
Executive Committee Member of Investment Bank
Executive Committee Member of JPMorgan Chase
Deputy-CEO of EMEA 		June 2010
Pilar López Álvarez Board Member of Inditex

Deputy Chair of Microsoft Western Europe

July 2018 4,000
Anne Lange Board Member of Inditex

Member of the boards of Orange, Pernod-Ricard, and FFP.

July 2020

Ownership

The largest shareholders in early 2024 were:[65]

Shareholder Ownership stake (%) Value in € bn.
Pontegadea Inversiones, S.L (Amancio Ortega) 50.1% €68.9
Partler 2006 SL 9.3% €12.8
Sandra Ortega Mera 5.06% €7.0
Capital Research and Management Company 1.71% €2.4
BlackRock, Inc. 1.41% €1.9
The Vanguard Group, Inc. 1.33% €1.8
Norges Bank Investment Management 1.01% €1.4
Amundi Asset Management SAS 0.74% €1.0
Fidelity International Ltd 0.45% €0.625
Walter Scott & Partners Limited 0.32% €0.442

Financial data

Financial data 2018[66] 2019[66] 2020[66] 2021[66] 2022[66] 2023[66] 2024[66]
Sales (in mn. €) 26,145 28,286 20,402 27,716 32,569 35,947 38,632
Net profit (in mn. €) 3,444 3,639 1,106 3,243 4,130 5,381 5,866
Total equity (in mn. €) 21,684 28,391 26,418 28,945 29,983 32,735 34,714
Employees 174,386 176,611 144,116 165,042 164,997 161,281 162,083

Sales by region

Region 2024 Sales in billion €[67] in %
Europe (excluding Spain) 20.7 53.5%
Americas 7.0 18.2%
Spain 6.2 16.1%
Asia and Rest of the World 4.7 12.2%

See also

References

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  4. ↑ a b Script error: No such module "citation/CS1".
  5. ↑ Script error: No such module "citation/CS1".
  6. ↑ a b c d e f g h Script error: No such module "citation/CS1".
  7. ↑ a b Script error: No such module "citation/CS1".
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ Script error: No such module "citation/CS1".
  10. ↑ Script error: No such module "Citation/CS1".
  11. ↑ Script error: No such module "citation/CS1".
  12. ↑ a b c Script error: No such module "citation/CS1".Script error: No such module "Unsubst".
  13. ↑ Script error: No such module "Citation/CS1".
  14. ↑ Script error: No such module "citation/CS1".
  15. ↑ Script error: No such module "citation/CS1".
  16. ↑ Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".
  19. ↑ Script error: No such module "citation/CS1".
  20. ↑ Script error: No such module "citation/CS1".
  21. ↑ Script error: No such module "citation/CS1".
  22. ↑ Script error: No such module "Citation/CS1".
  23. ↑ Script error: No such module "citation/CS1".
  24. ↑ Script error: No such module "Citation/CS1".
  25. ↑ Script error: No such module "Citation/CS1".
  26. ↑ a b c d Script error: No such module "citation/CS1".
  27. ↑ Script error: No such module "citation/CS1".
  28. ↑ Script error: No such module "Citation/CS1".
  29. ↑ a b Script error: No such module "citation/CS1".
  30. ↑ Script error: No such module "citation/CS1".
  31. ↑ Script error: No such module "citation/CS1".
  32. ↑ Script error: No such module "citation/CS1".
  33. ↑ Script error: No such module "citation/CS1".
  34. ↑ Script error: No such module "citation/CS1".
  35. ↑ Script error: No such module "citation/CS1".
  36. ↑ Script error: No such module "citation/CS1".
  37. ↑ Script error: No such module "Citation/CS1".
  38. ↑ a b Script error: No such module "citation/CS1".
  39. ↑ a b c d Script error: No such module "citation/CS1".
  40. ↑ a b Script error: No such module "Citation/CS1".
  41. ↑ Script error: No such module "citation/CS1".
  42. ↑ Script error: No such module "citation/CS1".
  43. ↑ Script error: No such module "citation/CS1".
  44. ↑ Script error: No such module "citation/CS1".
  45. ↑ Script error: No such module "citation/CS1".
  46. ↑ Script error: No such module "citation/CS1".
  47. ↑ Script error: No such module "citation/CS1".
  48. ↑ Script error: No such module "citation/CS1".
  49. ↑ Script error: No such module "citation/CS1".
  50. ↑ Script error: No such module "citation/CS1".
  51. ↑ Script error: No such module "citation/CS1".
  52. ↑ Script error: No such module "citation/CS1".
  53. ↑ Script error: No such module "citation/CS1".
  54. ↑ Script error: No such module "citation/CS1".
  55. ↑ Script error: No such module "citation/CS1".
  56. ↑ Script error: No such module "citation/CS1".
  57. ↑ Script error: No such module "citation/CS1".
  58. ↑ Script error: No such module "citation/CS1".
  59. ↑ Nederlandstalige Rechtbank van Koophandel Brussel Read online
  60. ↑ Script error: No such module "citation/CS1". "Script error: No such module "Lang"." ("It is a unique precedent in the sense that, perhaps far beyond Belgium, it is the first time that a fast retailer has been convicted of something like this by a court of law.")
  61. ↑ a b Cite error: Script error: No such module "Namespace detect".Script error: No such module "Namespace detect".
  62. ↑ Script error: No such module "citation/CS1".
  63. ↑ Script error: No such module "citation/CS1".
  64. ↑ Script error: No such module "citation/CS1".
  65. ↑ Script error: No such module "citation/CS1".
  66. ↑ a b c d e f g Script error: No such module "citation/CS1".
  67. ↑ Script error: No such module "citation/CS1".

Script error: No such module "Check for unknown parameters".

External links

Template:Sister project

  • Script error: No such module "Official website".Script error: No such module "Check for unknown parameters".

Template:Inditex Template:Euro Stoxx 50 Companies Template:IBEX 35 companies Template:DJSI World Script error: No such module "Navbox". Template:Authority control

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