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The global fashion business journal

Apr 23, 20213:47pm

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
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 Mds
Apr 15, 2020 — 5:05pm
Zara owner rules out furloughs in Spain April despite store closures

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

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%.

h By C. J.
Dec 19, 2019 — 9:00am

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.

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