Parent company to brands like Zara, Pull & Bear, Bershka, and Stradivarius among others, Inditex Group is one of Europe's leading clothing retailers. Like many other clothing retailers, Inditex outsources a large quantity of its production to suppliers in countries like China, Turkey, and Bangladesh. As of 2022, China had the highest number of suppliers that manufactured clothing and garments for Inditex. The group also had suppliers and factories in Spain and other locations in Europe such as Portugal and Turkey.
Revenue of the Inditex Group
Spanish clothing company Inditex Group generated around 32.6 billion euros in sales in 2022. The fashion retailer group has been riding on a trend of rising sales and saw its revenue in 2022 surpassing that of 2019, after seeing a sales slump due to the COVID-19 pandemic in 2020 and 2021. As of 2022, the company operated a total of 5,815 stores worldwide. In 2021, Inditex Group ranked second in the leading European apparel and accessories retailers in terms of global sales, behind only French luxury goods company LVMH, which owns around 75 brands worldwide including fashion house Louis Vuitton, Christian Dior, and Sephora.
Zara
Zara is the most well-known and profitable brand within the Inditex Group. In 2022, Zara accounted for three-quarters of the retail group’s total sales worldwide. The fast-fashion store, which was opened in Spain in 1975, operated a total of over 2,500 retail locations worldwide as of 2022.
FAQs
About Inditex
Inditex operates as a fashion retailer, with seven brands: Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home. The company focuses on the design, manufacture, distribution, and retail of apparel.
What are the statistics of Inditex? ›
Inditex sales
Inditex made sales of approximately 32.6 billion euros in the financial year 2022. This was an increase of almost five billion euros compared to the previous year.
Who are the suppliers for Zara? ›
Zara's supplier list, therefore, includes twelve clusters that concentrate 92-97% of the production: Spain, Turkey, Morocco, Portugal, India, Bangladesh, China, Pakistan, Brazil, Vietnam, Cambodia, and Argentina. These help the company keep an eye on labor quality and social compliance to apply them locally.
Who supplies Inditex? ›
Parent company to brands like Zara, Pull & Bear, Bershka, and Stradivarius among others, Inditex Group is one of Europe's leading clothing retailers. Like many other clothing retailers, Inditex outsources a large quantity of its production to suppliers in countries like China, Turkey, and Bangladesh.
Who is Inditex biggest competitor? ›
Inditex's competitors
- Inditex.
- PVH.
- Gap.
- American Eagle Outfitters.
- UNIQLO.
- H&M.
- Forever 21.
Shareholders. Sustainable business model. The Inditex business model, characterised by integration, sustainability and innovation in all phases of the value chain. aims to meet our customers' expectations and offer them quality fashion with the highest standards of sustainability and.
Who are the biggest suppliers in fashion industry? ›
Major Global Apparel Manufacturer and Retailer
| Company Name (Flagship Brand) | Country and Region | Sales (Billions of dollar) |
|---|
| Inditex, S.A. (ZARA) | Spain | 34.5 |
| H & M Hennes & Mauritz AB | Sweden | 21.4 |
| FAST RETAILING CO., LTD. (UNIQLO) | Japan | 16.8 |
| Gap Inc. | USA | 15.6 |
6 more rowsMay 31, 2023
Keep production in-house: Zara tries to stay away from low-cost country sourcing and make an investment in the in-house manufacturing as much as possible. The reason is that they believe the in-house production help them to increase the overall flexibility.
Who are suppliers in the fashion industry? ›
The apparel supply chain includes a broad network of clothing designers, fabric and finished apparel producers, transportation providers, wholesalers and direct-to-consumer retailers.
Who is Inditex target customer? ›
The offering is broad and targets not only women and men aged 20 to 45 but also children. Bershka, on the other hand, is all about seducing cool and stylish teenagers, to whom collabs hold high importance. The second-largest revenue contributor of Inditex, i.e. Bershka, aims to inspire its younger audience.
Inditex works with 449 suppliers, the largest of which are in China. These suppliers employ more than 410,000 people. Inditex also has factories in Turkey, Portugal and Spain. Despite the recent fire in Bangladesh's garment industry, the country remains the world's second largest exporter of apparel after China.
What raw materials does Inditex use? ›
Cotton is one of the most commonly used fibres in the textile industry and the raw material most used by the Inditex Group. In line with our pledge to protect natural resources and biodiversity, at Inditex we are committed to: / Organic cotton.
Is Zara owned by H&M? ›
Zara is the youngest of the trio, having begun in Spain in 1975. The company is owned by textile giant Inditex and is its flagship brand.
What is Inditex's largest brand? ›
Inditex Group operated seven different brands in 2021: Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home. The largest of these brands is Zara, which captured a share of around 73 percent of the overall group sales.
What is Zara's sister brand? ›
Zara's sister shops: Bershka, Stradivarius, Uterqüe and more | The Independent.
What is the most expensive Inditex brand? ›
Zara regains positions as one of the most valuable brands in fashion. Inditex's main brand is ranked second in the Brandz Apparel top 10, elaborated by Kantar and WPP. The company counts with a brand value estimated in 22.6 billion dollars, 16% less than last year.
