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The global fashion business journal

Oct 4, 202410:35pm

Inditex

Inditex

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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.  

h By MDS
Jul 19, 2021 — 12:00pm
Inditex shrinks its production by 17% in 2020 and takes a step back in China for the first time

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.

h By Mds
Mar 11, 2021 — 4:53am
Inditex vs. pure players: Zara owner is smaller than Zalando, but bigger than Asos and Boohoo

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.

h By P. R. D.
Jun 11, 2020 — 9:00am
Inditex formula to lose just €175 million
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.
h By PILAR RIAÑO
Mar 19, 2020 — 9:00am

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

h By MDS
Mar 3, 2020 — 4:57pm

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.

h By IRIA P. GESTAL
Feb 14, 2020 — 8:38am

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.

h By PILAR RIAÑO / IRIA P. GESTAL
Feb 3, 2020 — 9:00am

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

h By MDS
Jan 27, 2020 — 4:42pm

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.

h By MDS
Jan 2, 2020 — 8:57am

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

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