Inditex

The Spanish company started in 1963 by Amancio Ortega, where he founded Confecciones GOA, a modest workshop that distributed home garments. Today, Inditex is one of the largest fashion distribution groups in the world and has eight commercial formats, the main one is Zara, that opened its first store in 1975.

The fashion retail group loses Begoña Costas, until now head of the children’s area, due to retirement. Marcheselli leaves the management of Inditex in the Italian market, where he is replaced by Bárbara Bastianelli.

Fashion Reshapes Brussels Lobby: Inditex Reorganizes as Zalando Strengthens Presence

While the Galician giant has modified its European lobbying scheme in the heat of the reorganization of its top management, operators such as Zalando or Shein have increased their presence in the corridors of Brussels.

Inditex Returns to Venezuela With Bershka and Pull&Bear

After closing all its stores in the market in 2021, the Spanish fashion retail giant is opening the doors of two new stores of its young chains in Venezuela, the country’s capital.

Inditex Stumbles: Five Key Pressures Driving Slowdown

The Galician group that owns Zara has started fiscal 2025 with a weak increase in sales and a flat net income performance. The group keeps gross margin under control, but has challenges ahead.

Inditex Slows in Q1: Marginal Growth in Sales and Profit

The effects of the exchange rate and the impact of the leap year in the quarter weighed on the growth of the multinational, owner of Zara: discounting both effects, year-on-year growth stood at 5.3%. Gross Margin Reaches €5.01B

Zara Speeds Up International Growth with New Flagship Openings in Los Angeles and Turin

The Inditex chain strengthens its presence in the United States and Italy with new openings: The Grove, in southern California, and via Roma, in the capital of Piedmont. In Spain, the Serrano store will close tomorrow for renovations.

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Inditex Sets 2026 Completion Date for New Distribution Center

Fashion retail titan is set to complete construction of its second logistics hub in Zaragoza by next June, backed by a €600 million investment and adding 1,500 jobs.

Mainstream Fashion’s New Monarch: Fast Retailing Outraces Gap and Surges Ahead of Inditex

With their latest annual results, the Japanese conglomerate led by Uniqlo is pulling further ahead of the American company Gap, which is grappling with its reliance on the domestic market, and is closing the gap with Swedish rival H&M.

Bershka Joins Inditex’s Strategic Expansion into the Mercosur Market

The Spanish retail powerhouse gears up to launch a new outlet in Sao Paulo’s bustling Morumbi Shopping Mall. With Zara and Zara Home, the company already has 51 stores across Brazil.

The company has promoted the CFO, who in his new position now oversees finance, logistics and sustainability. The sustainability area changes its manager and loses its position on the management committee.

After closing all its stores in the market in 2021, the Spanish group will raise the shutter on two of its young chain stores in the capital. The Swedish company is also preparing to enter the country.

As Zara celebrates its 50th anniversary since Amancio Ortega opened the first store of Inditex’s flagship brand, how did it manage to reinvent fashion? Zara created a model that no one, not even Inditex, has been able to replicate.

During the Covid-19 year, the group reacted by accelerating the importance of proximity on its production, with 49% of total suppliers. The group stopped working with 65 suppliers in China.

The fashion retailer had a turnover of 6.6 billion euros online last year. High-street rivals H&M and Gap generated online less than €6 billion each last year.

While analysts consider the fast fashion model to be a risk for the future, proximity sourcing has saved Inditex in the first quarter. The group has reduced its cost of sales in proportion to the drop in sales.

Pablo Isla, chairman of the owner of Zara, has announced that it will continue to pay employees without government assistance.

The 287 million euros provision has harmed the final sprint of the year for the Spanish group.

Between February 1 and March 16, the sales of the Spanish company fell by 4.9% due to the coronavirus crisis

At the end of 2019, the company achieved a net result of 3,639 million euros, while sales have risen to 28,286 million euros.

The analysts expect the epidemic to have a greater impact in Europe in the second quarter of the year, affecting the two largest European fashion groups.

In China, which accounts for 8% of the group’s revenue, the Swiss bank estimates that sales have been reduced by 70% and another 50% will shrink in March and 25% in April.

The Saudi group, which started off with losses in the second quarter of the year (closed last September), is restructuring its network of stores and severing ties with brands.

The low-cost fashion chain remains the largest by number of buyers, with 10.7% million customers in Spain. Pull & Bear overtaken C&A in the fourth position and Springfield has surpassed Stradivarius.

Although done at a slow pace, the Spanish fashion business incorporates methods to connect sustainability with its performance.

Wuhan, capital of the Chinese province of Hubei is one of the main business destinations in the area, where companies such as Shiseido, Hermès, Prada or Louis Vuitton operate.

The Californian luxury brand has filed a lawsuit against Zara over copyright allegations. Amiri seeks damages in excess of 3 million dollars to make up for the unfair competition and infringement of commercial agreements.

In 2008, 43.5% of the group's suppliers were within the common market. Ten years later, its share dropped to 24.6%.

The Spanish fashion giant has opened twenty-one new stores in Mexico in the third quarter of its fiscal year. In total the group has opened 68 new stores in the period worldwide.

The person in charge of the division will be Javier Losada, up until now responsible of management. The executive works closely with executive chairman, Pablo Isla.

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