Inditex
 |
|
| Sociedad Anónima | |
| Traded as | BMAD: ITX |
| ISIN | ES0148396007 |
| Industry | Retailing |
| Predecessor |
|
| Founded |
Arteixo, Spain (June 12, 1985) |
| Founder |
Amancio Ortega Rosalía Mera |
| Headquarters | Arteixo, Spain |
|
Number of locations
|
7085 stores |
|
Area served
|
Global |
|
Key people
|
Pablo Isla (Chairman and CEO) |
| Products | Clothing & Fashion retailer |
| Revenue | €20.900 billion (2015) |
| €3.677 billion (2015) | |
| Profit | €2.9 billion (2015) |
| Total assets | €17.357 billion (2015) |
| Total equity | €11.451 billion (2015) |
| Owner | Amancio Ortega (59%) |
|
Number of employees
|
152,854 (2015) |
| Subsidiaries | Zara, Pull & Bear, Bershka, Massimo Dutti, Stradivarius, Oysho, Zara Home, Uterqüe |
| Website | www |
Industria de Diseño Textil, S.A. (Inditex) (/ˌɪndɪˈtɛks/, Spanish: [indiˈteks]; Textile Design Industries) is a Spanish multinational clothing company headquartered in Arteixo, Galicia.
Inditex, the biggest fashion group in the world, operates over 7,000 stores in 91 markets worldwide. The company's flagship store is Zara, but it also owns the chains Zara Home, Massimo Dutti, Bershka, Oysho, Pull and Bear, Stradivarius and Uterqüe. The majority of its stores are corporate-owned, while franchises are mainly conceded in countries where corporate properties can not be foreign-owned.
The company operates a unique business model: instead of committing a large percentage of production for the next fashion season, the company commits a small amount and uses customer feedback and an efficient production network to replenish stores with new and different products weekly. In Zara stores, it can take a new garment as little as 15 days to go from design and production to store shelves.
In the early 1960s, Amancio Ortega got his start in the clothing industry as a teen while working for a local shirt maker in A Coruna, Spain. Ortega began developing his own designs and he and his wife, Rosalia Mera, began making clothes from their home. Ortega had saved up enough money to open a small factory and sold garments to his former employer amongst others.
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Wikipedia