Inditex | Company Overview & News (2024)

FAQs

What is the overview of Inditex? ›

'Textile Design Industry') is a Spanish multinational clothing company headquartered in Arteixo, Galicia, Spain. Inditex, the biggest fast fashion group in the world, operates over 7,200 stores in 93 markets worldwide.

Zara (Spanish: [ˈθaɾa]; stylized in all caps) is a Spanish multinational fast-fashion company. It sells clothing, accessories, beauty products and perfumes. The head office is located at Arteixo in the province of A Coruña, Galicia. It is the largest constituent company of the Inditex group.

Inditex's success story started with the birth of Zara in 1975. It all began when Amancio Ortega Gaona, a son of a railway worker from La Corua, Spain, began his career as a delivery boy at a clothing store in his hometown. After working for several years at the store, he decided to create his own clothing line.

Zara is one of the biggest international fashion companies, and it belongs to Inditex, one of the world's largest distribution groups.

The key factor that explains the performance of our business model is the extraordinary team that makes it all possible. Inditex is made up of more than 160,000 passionate and curious people who are driven by the desire to excel and grow every day, regardless of their specific location or professional task.

Conclusions: We have come to the conclusion that most internal factors of Inditex's success remain. However, there have been changes in its supply chain over time, possibly as a result of external factors. Inditex's financials are stronger now than a decade ago and should not be a limiting factor of its growth.

Zara's Weaknesses

Limited marketing and advertising when compared to competitors. The negative image of being an expensive brand. High competition in the fashion industry. Inadequate supply chain Insufficient information about products.

Zara's ability to quickly respond to the latest fashion trends is unmatched in the industry. They can design, produce, and distribute new products in just 2 to 3 weeks. This responsiveness is possible because data helps Zara identify emerging trends so they know what products to focus on and push to market.

Zara's competitors and similar companies include H&M Group, UNIQLO, Fast Retailing and Reformation. Zara is a clothing company. H&M Group (Hennes & Mauritz) designs and retails clothing products. Uniqlo (株式会社ユニクロ) is a casual wear designer and retailer.

To deliver better quality, more efficient and more sustainable processes every single time. For us, this means the ability to adapt and respond is essential. Our integrated value chain allows us to react to real events and new insights nimbly and efficiently.

What are the core values of Inditex? ›

People are, without question, the most essential part of our company. There are over 160,000 of us, spanning 174 nationalities and sharing the same values of entrepreneurial spirit, non-conformism, innovation, inclusion, humility and ethics -all of which are built into each of our operations.

Equality, diversity, multiculturalism, sustainability, teamwork and respect are the values that underpin their daily behaviour.

Amancio Ortega is the founding chair of retail giant Inditex, the parent company of Zara, the largest global fashion retailer. He is the wealthiest person in Spain and among the wealthiest people in the world.

Who Owns Zara. Zara is owned by Industria de Diseño Textil, S.A. (Inditex), a Spanish multinational clothing company that has its headquarters in Arteixo, Galicia, in Spain. Inditex is the largest fast-fashion group in the world, with a market capitalization of $73.7 billion in 2020.

Zara jumps ahead of H&M to become second largest apparel brand in Europe. GlobalData's Apparel Market in Europe to 2027 report shows that Inditex-owned retailer Zara has overtaken Swedish fashion retailer H&M to become the continent's second-largest apparel brand, behind sports brand Nike.

A strategic focus for Inditex is on seamless customer experience. This is showcased both through its apps and its in-store technology. The Zara app was the first to launch its in-store mode in 2021, with five of the group's brands now offering this functionality.

Inditex is a horizontal organization with a flat hierarchical structure. We are committed to collaborative work and empower employees at every level to play a part in our success.