Inditex
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July 1, 2020
Updated on:

Industria de Diseño Textil, S.A.

Revenue:
EUR 26,145 million (Jan 2019)
Profit:
EUR 3,448 million (Jan 2019)
Employees:
174,386 (Jan 2019)
GICS Industry Group:
Headquarters:
Municipality of Arteixo, Spain
Founded:
12 June 1985
Current CEO:
Pablo Isla
Parent:

Description

Inditex has its origins in the founding of the company Zorba in May 1974, by Amancio Ortega. Zorba was quickly rebranded to Zara as a local bar held the same name. In 1985, Industria de Diseno Textil S.A. (Inditex) was created as a holding company for Zara and its manufacturing plants.

Inditex is one of the largest fashion distribution groups worldwide. Inditex has 7,490 stores in 96 markets and is selling online in 202 markets, in 49 of then with its own online platform. It has 8 commercial formats: Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe. The Inditex Group also includes companies linked to the different activities that from part of the business of design, manufacture and distribution of the textiles.

Inditex is listed on the Bolsa de Madrid (BME) under the symbol ITX.

In euros (EUR)
In euros (EUR)
In euros (EUR)

Operating Segments:

Zara/Zara Home - Zara specialises in fast fashion which includes clothing, accessories, shoes, swimwear, beauty, and perfumes. It is the largest company in the Inditex group, with 2,131 stores globally (as at year end January 31, 2019). In the year ending January 31, 2019, the Zara/Zara Home segment accounted for 69.33% (EUR 18,127 million) of total revenue.

Bershka - Bershka is a clothing retail company that was created in April 1998 as a new store and fashion concept, aimed at a young target market. Bershka has 1,107 store locations globally (as at year end January 31, 2019). In the year ending January 31, 2019, the Bershka segment accounted for 8.57% (EUR 2,240 million) of total revenue.

Other - Inditex's other segment includes brands such as Pull&Bear (clothing), Massimo Dutti (clothing), Stradivarius (clothing), Oysho (lingerie), and Uterqüe (clothing). In the year ending January 31, 2019, the other segment accounted for 22.51% (EUR 5,886 million) of total revenue.

Note: Inter-segment revenue represented EUR -109 million in the year end January 31, 2019.

Mergers and Acquisitions:

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