Inditex Pursues ‘Selective’ U.S. Growth Amid Tariff Pressures

Inditex strengthens its strategy in the United States. The CEO of Inditex, Óscar García Maceiras, is betting on a “selective growth” of the Spanish group, the number one retailer in the world, in the United States. The executive has thus insisted that it will continue with its expansion plans in the country, the company’s main international market, but at the same time he has defended the “diversification” of commercial formats in all the territories in which it operates.

The executive’s statements were made during the group’s general shareholders’ meeting held today. In response to questions from shareholders about the impact of Donald Trump’s tariffs on the company, García Maceiras said that Inditex has manufacturing centers” in almost 50 different origins”. In response to questions from shareholders about the impact of Donald Trump’s tariffs on the company, García Maceiras said that Inditex has manufacturing centers “in almost 50 different origins”, which leads the company to “be well prepared for any scenario”, beyond the “uncertainty”.

García Maceiras also pointed out that the United States is a market that Inditex has known “well” since 1989, since it was the third market it entered after Spain and Portugal. Today, the United States is the group’s main market, only after Spain. In this sense, the executive has recalled recent openings it has carried out, such as a store in Los Angeles, a second store in Boston or the relocation of its store in Manhattan.

Inditex will soon launch its Zara Man concept store in the United States

Looking ahead, in the coming months it will open the first Zara Man stand-alone store in the United States, which will be in Costa Mesa, also in the Los Angeles area, in addition to openings such as the one at Caesars Palace in Las Vegas. In this context, the Spanish giant also plans to open several stores of all its brands in Iraq.

“We operate in an extraordinarily fragmented sector, with very low market shares, and this increases the opportunities,“ said Garcia Maceiras during the event. Despite the CEO’s confidence, the complex situation of world trade has also led the giant to take precautionary measures.

The company, in fact, announced today the creation of a new international advisory committee, which will report, among others, to the management of Inditex, and will be responsible for dealing with issues related to geopolitics, international economics and other global issues, such as demographics or new social trends.