View source for Inditex

{{Short description|Spanish multinational clothing company}}
{{Use dmy dates|date=March 2020}}
{{Infobox company
| name = Industria de Diseño Textil, S.A.
| trade_name = Inditex
| logo = [[File:Inditex logo black.svg|250px|class=skin-invert]]
| logo_size = 250px
| image = Sede de inditex arteixo.jpg
| image_caption = Headquarters in [[Arteixo]], Spain
| type = [[Public company]]
| traded_as = {{BMAD|ES0148396007|ITX}}<br>[[IBEX 35]]
| ISIN = {{ISIN|sl=n|pl=y|ES0148396007}}
| industry = [[Retail industry|Retail]]
| 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}})
| founders = [[Amancio Ortega]]<br />[[Rosalía Mera]]
| location_city = [[Arteixo]], [[Galicia (Spain)|Galicia]]
| location_country = Spain
| locations = 5,563 stores <ref name="AR2024" />
| area_served = Worldwide
| key_people = {{Unbulleted list|Óscar García Maceiras ([[Chief executive officer|CEO]])|[[Marta Ortega]] ([[chairwoman]])}}
| products = [[Clothing]] & [[fashion]]
| revenue = {{increase}} €38.63 billion (2024)<ref name="AR2024" />
| operating_income = {{increase}} €7.57 billion (2024)<ref name="AR2024" />
| net_income = {{increase}} €5.86 billion (2024)<ref name="AR2024" />
| assets = {{increase}} €34.71 billion (2024)<ref name="AR2024" />
| equity = {{increase}} €19.67 billion (2024)<ref name="AR2024" />
| 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 = {{increase}} 162,083 (2024) <ref name="FY2023" />
| subsid = [[Zara (clothing)|Zara]], [[Bershka]], [[Pull&Bear]], [[Massimo Dutti]], [[Stradivarius (Inditex)|Stradivarius]], [[Oysho]], [[Zara Home]], [[Uterqüe]], Lefties
| homepage = {{URL|http://www.inditex.com}}
| 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="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>}}'''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" />

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 |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==

===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.<ref>{{Cite news|url=https://www.businessoffashion.com/community/people/amancio-ortega-gaona|title=Amancio Ortega Gaona is One of the 500 People Shaping the Global Fashion Industry in 2018|work=The Business of Fashion|access-date=2018-08-17|language=en-GB}}</ref> Ortega began developing his designs and he and his wife [[Rosalia Mera]] started making clothes in their home.<ref name= fund /><ref>{{cite magazine|url=https://www.bloomberg.com/news/articles/2013-08-16/rosalia-mera-retailer-who-was-spain-s-richest-woman-dies-at-69|title=Rosalia Mera, Who Was Spain's Richest Woman, Dies at 69|magazine=Bloomberg Business|date=15 August 2013|first=Manuel |last=Baigorri|access-date=20 April 2016}}</ref> Amancio had saved up enough money to open a small factory and sold garments to his former employer, among others.<ref name= fund/>

In 1975, the couple opened their first store, Zara, which produced popular fashion at low prices.<ref name=fund /><ref name= npr /> The following year, Zara was incorporated and began opening more stores and factories in Spain.<ref name=fund /> 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.<ref name=fund/><ref name=abb>{{cite web |url=http://www.ft.com/intl/cms/s/2/a7008958-f2f3-11e3-a3f8-00144feabdc0.html#slide0 |archive-url=https://ghostarchive.org/archive/20221210191208/https://www.ft.com/content/a7008958-f2f3-11e3-a3f8-00144feabdc0#slide0 |archive-date=10 December 2022 |url-access=subscription |url-status=live |title=Fashion:A Better Business Model |work=Financial Times |first=Tobias |last=Buck |date=18 June 2014 |access-date=20 April 2016 }}</ref>

===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=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===
Inditex had its [[initial public offering]] (IPO) in 2001, on the [[Bolsa de Madrid]].<ref>{{cite news|url=https://www.wsj.com/articles/SB988496129402059841|title=Inditex Sets IPO Price Range Amid Strong Market Demand|newspaper=The Wall Street Journal |first1=Carlta |last1=Vitzthum |first2=Silvia |last2=Ascarelli |date=29 April 2015| access-date=8 April 2016}}</ref> The IPO sold 26 percent of the company to public investors, the company was valued at €9 billion.<ref>{{cite magazine|url=https://www.forbes.com/global/2001/0528/024.html|title=Inside Zara|magazine=Forbes|first=Richard|last=Heller|date=28 May 2001|access-date=8 April 2016}}</ref> The same year, the company launched the [[lingerie]] and women's clothing store Oysho.<ref>{{cite web|url=https://fashionbi.com/brands/oysho/info|title=About Oysho|publisher=FashionBi|access-date=8 April 2016|archive-date=29 September 2018|archive-url=https://web.archive.org/web/20180929114717/https://fashionbi.com/brands/oysho/info|url-status=dead}}</ref><ref>{{cite magazine|url=https://www.forbes.com/sites/walterloeb/2015/03/30/zara-leads-in-fast-fashion/2/|title=Zara Leads in Fast Fashion|magazine=Forbes|first=Walter|last=Loeb|date=30 March 2015|access-date=8 April 2016}}</ref>

In 2003, Inditex launched the Zara Home brand, which offers bedding, cutlery, glassware and other home decoration accessories.<ref>{{cite journal|url=http://www.thefreelibrary.com/SPANISH+CLOTHING+MANUFACTURER+INDITEX+ENTERS+NEW+TERRITORY+WITH+ZARA...-a0103811233|journal=HFN the Weekly Newspaper |publisher= Home Furnishing Network|title=Spanish Clothing Manufacturer Inditex Enters New Territory With Zara Home|date=16 June 2003|first=Barbara |last=Barker|access-date=8 April 2016}}</ref> In 2004, with the opening of store number 2,000 in [[Hong Kong]], Inditex had established its presence in 56 countries.<ref name =elp>{{cite news|url=http://elpais.com/m/elpais/2012/08/14/inenglish/1344945273_865076.html|title=The Man Who Dresses the World|newspaper=El Pais|first=Luis|last=Gomez|date=14 August 2012|access-date=8 April 2016}}</ref>

In 2005, CEO Jose Maria Castellano stepped down from the position to oversee expansion plans, he was replaced by [[Pablo Isla]].<ref name =cast>{{cite web|url=http://www.ft.com/intl/cms/s/0/8db00f16-2e29-11da-aa88-00000e2511c8.html#axzz3qSElNPN4|archive-url=https://ghostarchive.org/archive/20221210191222/https://www.ft.com/content/8db00f16-2e29-11da-aa88-00000e2511c8#axzz3qSElNPN4|archive-date=10 December 2022|url-access=subscription|title=Castellano Steps Down From Inditex|work=Financial Times|first=Leslie|last=Crawford|date=26 September 2005|access-date=8 April 2016|url-status=live}}</ref> Inditex launched Uterque in the summer of 2008, the brand specializes in women's accessories.<ref>{{cite journal|url=http://www.thefreelibrary.com/H%26M+and+Inditex's+global+expansion+strategies.-a0213856442|title=Retail in Practice:H&M and Inditex's Global Expansion Strategies|publisher=European Supermarket Magazine |journal=The Retail Digest |date=22 September 2008|first=Raphael |last=Moreau}}</ref> During the same year, the company opened its 4,000th store in Tokyo after doubling in size within four years.<ref name=elp/> In 2011, Ortega, the founder of the business and majority shareholder, stepped down as deputy chairman and CEO Isla handles day-to-day operations.<ref name=elp/> Later that year, the company opened a store in [[Australia]], a move that would put the company on five continents and in 77 countries.<ref name=aus>{{cite news|url=http://theconversation.com/zaras-australian-entrance-to-challenge-local-retailers-272|title=Zara's Australian Entrance to Challenge Local Retailers|work=The Conversation|first=Lisa |last=Tartaglia |date=18 April 2011|access-date=8 April 2016}}</ref> 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]].<ref>{{cite web|url=https://www.theguardian.com/world/2013/may/13/fashion-chain-finance-safety-bangladesh-factories|title=Fashion Chains Sign Accord to Help Finance Safety in Bangladesh Factories|work=The Guardian|first1=Jason |last1=Burke |first2=Saad |last2=Hammadi |first3=Simon |last3=Neville|date=13 May 2013|access-date=8 April 2016}}</ref>

As of 2019, Inditex is the biggest fashion retailer in the world by revenue.<ref>{{Cite web|url=https://www.themds.com/companies/fast-retailing-overcomes-hm-as-worlds-second-largest-fashion-retailer.html|title=Fast Retailing overcomes H&M as world's second-largest fashion retailer|website=www.themds.com|language=en-US|access-date=2019-10-16}}</ref>

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 [[COVID-19 pandemic|coronavirus pandemic]]. Inditex's stocks fell by 12% over the year.<ref>{{Cite news|date=2020-12-15|title=Inditex Profit Drops as Consumers Spend Less in Second Lockdowns|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2020-12-15/inditex-profit-drops-as-consumers-spend-less-in-second-lockdowns|access-date=2021-01-04}}</ref>

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.<ref>{{Cite web|date=2021-05-22|title=Zara owner Inditex to close all stores in Venezuela, local partner says|url=https://www.reuters.com/business/retail-consumer/zara-owner-inditex-close-all-stores-venezuela-local-partner-says-2021-05-22/|access-date=2021-05-22|website=Reuters}}</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==
In 1989, a year after entering [[Portugal]], the company entered the U.S. market<ref>{{cite magazine|url=https://www.forbes.com/2009/03/24/foreign-retailer-favorites-lifestyle-style-foreign-retailer.html|title=America's Favorite Foreign Retailers|magazine=Forbes|author=Lauren Sherman |date=24 March 2015 |access-date=14 April 2016}}</ref> and expanded into France in 1990.<ref name=fund/> Expansion continued to [[Mexico]] in 1992 and [[Greece]] in 1993. In 1994, Inditex opened stores in [[Belgium]] and [[Sweden]].<ref name = whar>{{cite web|url=http://knowledge.wharton.upenn.edu/article/fashion-chain-zara-reclaims-the-glory-of-spain/|title=Fashion Chain Zara Reclaims the Glory of Spain|publisher=Wharton University of Pennsylvania|date=24 April 2003|access-date=14 April 2016}}</ref> By 1997, the company had expanded to [[Malta]], [[Cyprus]], [[Norway]] and [[Israel]].<ref name=oz/> In 1998, expansion continued to the [[UK]], [[Turkey]], [[Argentina]], [[Venezuela]], the Middle East and [[Japan]].<ref name= oz/> [[Canada]], [[Germany]], [[Poland]], [[Saudi Arabia]] and several South American countries received stores in 1999.<ref name= whar/><ref name=timel>{{cite web|url= http://www.inditex.com/our_group/our_history|title=Inditex: Our History|publisher=Inditex|access-date=14 April 2016}}</ref>

The company opened stores in [[Italy]], [[Luxembourg]] and [[Jordan]] in 2001. In 2003, Inditex opened stores in [[Russia]], [[Slovakia]] and [[Malaysia]].<ref name =timel/> The following year [[Latvia]], [[Hungary]], and [[Panama]] among other countries where stores opened, including the 2,000th store in [[Hong Kong]].<ref name=timel/> By 2006, the company had expanded into mainland [[China]].<ref name=ind>{{cite magazine|url=https://www.forbes.com/2010/07/29/forbes-india-zara-business-model-tweak.html|title=Fast Fashion: Zara in India|magazine=Forbes|author=Saumya Roy|date=29 July 2010|access-date=14 April 2016}}</ref> In 2010, the company opened their 5,000th location in [[Rome]]<ref name=elp/> and its first in [[India]].<ref name= ind/> The first stores in [[Australia]] and [[South Africa]] opened in 2011.<ref name =aus/> The company's expansion continued to the [[Serbia]], [[North Macedonia]], [[Armenia]], [[Ecuador]], [[Georgia (country)|Georgia]] and [[Bosnia-Herzegovina]] in 2012.<ref name =timel/><ref>{{cite web|url= http://www.retail-week.com/topics/international/inditex-to-open-stores-in-bosnia-and-herzegovina/5034017.article|title=Inditex to Open Stores in Bosnia and Herzegovina|publisher=RetailWeek |date=23 February 2012 |access-date=14 April 2016}}</ref> In 2014, Inditex opened stores in [[Albania]].<ref>{{cite web|url=http://retailnet.eu/2014/04/03/71463-inditex-enters-albanian-market/|title=Inditex Enters the Albanian Market|publisher=Retail Net|author=Lukasz Izakowski |date= 3 April 2014|access-date=14 April 2016}}</ref> In 2016, Inditex announced that they planned to open stores in [[Vietnam]], [[New Zealand]], [[Paraguay]], [[Aruba]] and [[Nicaragua]].<ref name =bbc2016/>

==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, 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==
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.{{Citation needed|date=October 2023}}

==Plagiarism==
Zara has been accused of copying artwork.<ref>{{Cite web|title=Zara stealing designs copying independent artists|url=https://www.boredpanda.com/zara-stealing-designs-copying-independent-artists-tuesday-bassen/|access-date=2020-06-16|website=[[Bored Panda]]|date=25 July 2016 }}</ref>

In 2017, Zara Home Belgium was convicted of plagiarism by a Brussels Court,<ref>{{Cite web|title=Zara Home co-opts design by Flemish artisan {{!}} Flanders Today|url=http://www.flanderstoday.eu/living/zara-home-co-opts-design-flemish-artisan|url-status=dead|access-date=2020-05-18|website=www.flanderstoday.eu|archive-date=16 June 2020|archive-url=https://web.archive.org/web/20200616103810/http://www.flanderstoday.eu/living/zara-home-co-opts-design-flemish-artisan}}</ref><ref>{{Cite web|title=Belgian artisan wins Zara plagiarism court case|url=https://www.thebulletin.be/belgian-artisan-wins-zara-plagiarism-court-case|last=Bradshaw|first=Lisa|date=2017|website=The Bulletin}}</ref><ref>{{Cite web|title=Limburgse houtsnijder dwingt Zara op de knieën|url=https://www.hln.be/nieuws/binnenland/limburgse-houtsnijder-dwingt-zara-op-de-knieen~a91e5096/|website=Het Laatste Nieuws|access-date=2020-05-18}}</ref><ref name=":1">{{Cite web|title=Vlaamse houtsnijder dwingt modeketen Zara op de knieën|url=https://www.nieuwsblad.be/cnt/dmf20170704_02956679|website=Het Nieuwsblad Mobile|date=4 July 2017 |language=nl-BE|access-date=2020-05-18}}</ref><ref>Nederlandstalige Rechtbank van Koophandel Brussel [https://freiherrvonquast.files.wordpress.com/2019/08/rechtbank-van-koophandel-brussel-19-juni-2017-iefbe-2368-familiewapen-tegen-zara-home.pdf Read online]</ref> which was claimed to have been the first plagiarism conviction of a fast retailer.<ref>{{Cite web|title=Limburgse houtsnijder dwingt Zara op de knieën|url=https://www.tijd.be/ondernemen/retail/limburgse-houtsnijder-dwingt-zara-op-de-knieen/9910850.html|website=De Tijd}} "{{lang|nl|Het is een uniek precedent in die zin dat het, wellicht tot ver buiten België, de eerste keer is dat een fast retailer voor iets dergelijks door een rechtbank werd veroordeeld.}}" ("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.")</ref>

==Brands==
Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.<ref name="AR2024" />
{| class="wikitable sortable"
|-
!Company
!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> 
!Market
!Notes
|-
|[[Zara (retailer)|Zara]]
|align="center"|1,759
|1975
|Fashion for men, women and children
|
|-
|[[Pull&Bear]]
|align="center"|800
|1991
|Clothing and accessories for young women and men
|
|-
|[[Massimo Dutti]]
|align="center"|528
|1991 (acquired)
|Clothing and accessories for young women and men
|
|-
|Lefties
|align="center"|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]]
|align="center"|854
|1998
|Clothing and accessories for young women and men
|
|-
|[[Stradivarius (Inditex)|Stradivarius]]
|align="center"|835
|1999 (acquired)
|Clothing and accessories for young women
|
|-
|[[Oysho]]
|align="center"|396
|2001
|Lingerie, casual outerwear, loungewear, gym wear & swimwear and original accessories for women
|
|-
|[[Zara Home]]
|align="center"|391
|2003
|Home goods and decoration objects
|
|-
|[[Uterqüe]]
|align="center"|82 (closed)
|2008
|Women's fashion accessories 
|Inditex integrated Uterqüe into Massimo Dutti in September 2021.<ref>{{Cite web |last=Martinez |first=Jaime |date=2021-09-15 |title=Inditex integrará Uterqüe en Massimo Dutti |url=https://fashionunited.es/noticias/retail/inditex-integrara-uterquee-en-massimo-dutti/2021091536273 |access-date=2022-06-18 |website=FashionUnited |language=es}}</ref>
|-
|}

==Corporate affairs==

===Board of directors===
'''Bold''' indicates a company shareholder, and the representative will be listed below.
{| class= "wikitable sortable"
! Member
! Title(s)
! Member Since
! class= "unsortable"|Shares Held
! class= "unsortable"|Notes
|-
|[[Marta Ortega Pérez|Marta Ortega]]
|Chairwoman of Inditex
|April 2022
|42,511
| rowspan="11" |<ref>{{Cite web |title=Our Board - inditex.com |url=https://www.inditex.com/en/about-us/our-board |access-date=2022-06-18 |website=www.inditex.com}}</ref>
|-
| Óscar García Maceiras
| CEO of Inditex
| November 2021
| 8,570
|-
| Jose Arnau Sierra
| Deputy Chairman of Inditex <br>First Executive of Grupo Pontegadea <br>Director of GARTLER, S.L. <br>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.''' <br>Ms. Flora Perez Marcote 
| Board Member of Inditex
| December 2015
|
|-
| [[Denise Kingsmill, Baroness Kingsmill|Baroness Kingsmill CBE]]
| Board Member of Inditex <br>Member of the supervisory board of EON <br>Non-executive director of International Airlines Group SA <br>Chairman of Mondo <br>Member of the International Advisory Board of the Spanish Business School ([[IESE Business School|IESE]])
| July 2016
| 
|-
| Jose Luis Duran Schulz
| Board Member of Inditex <br>Independent Director & Member of the Audit Committee of [[Orange (company)|Orange]]
| July 2015
| 3,106
|-
| Rodrigo Echenique Gordillo 
| Board Member of Inditex <br>Chairman of [[NH Hoteles]]
| July 2014
|20,000
|-
| Emilio Saracho Rodriguez de Torres
| Board Member of Inditex <br>Head of Investment Banking of [[JPMorgan Chase|JPMorgan Europe, Middle East, & Africa, Ltd.]] <br>Executive Committee Member of Investment Bank <br>Executive Committee Member of [[JPMorgan Chase]] <br>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:<ref>{{Cite web |title=Industria de Diseño Textil, S.A. Insider Trading & Ownership Structure |url=https://simplywall.st/stocks/es/retail/bme-itx/industria-de-diseno-textil-shares/ownership |access-date=2024-04-10 |website=Simply Wall St |language=en}}</ref>
{| class="wikitable sortable"
!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 Group Companies|Capital Research and Management Company]]
|1.71%
|€2.4
|-
|[[BlackRock|BlackRock, Inc.]]
|1.41%
|€1.9
|-
|[[The Vanguard Group, Inc.]]
|1.33%
|€1.8
|-
|[[Norges Bank Investment Management]]
|1.01%
|€1.4
|-
|[[Amundi|Amundi Asset Management SAS]]
|0.74%
|€1.0
|-
|[[Fidelity International|Fidelity International Ltd]]
|0.45%
|€0.625
|-
|[[Walter Scott and Partners|Walter Scott & Partners Limited]]
|0.32%
|€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%
|}

== See also ==
* {{Portal-inline|Companies}}

==References==
{{Reflist|30em}}

==External links==
{{Commons category}}
* {{Official website|http://www.inditex.com}}

{{Inditex}}
{{Euro Stoxx 50 Companies}}
{{IBEX 35 companies}}
{{DJSI World}}
{{European Retail Round Table}}
{{Authority control}}

[[Category:Inditex| ]]
[[Category:Clothing companies of Spain]]
[[Category:Companies based in Galicia (Spain)]]
[[Category:Clothing companies established in 1985]]
[[Category:Spanish companies established in 1985]]
[[Category:Companies in the Euro Stoxx 50]]
[[Category:Companies listed on the Madrid Stock Exchange]]
[[Category:IBEX 35]]
[[Category:Multinational companies headquartered in Spain]]
[[Category:2001 initial public offerings]]
[[Category:Companies of Spain]]