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Inditex - Statistics & Facts

Industria de Diseño Textil, more commonly known as Inditex, is one of the largest clothing companies in the world. The company’s most famous brand is Zara, but it owns many other well-known high-street brands, such as Bershka and Pull&Bear. The first Zara store was opened in Spain in 1975, and now the company has stores around the world. The fast fashion company operates on a quick turnover of stock, with styles moving quickly from design to the shop floor.

Fast Fashion

The fast fashion industry has faced criticism for its effect on the environment and working conditions in the supply chain, as a high volume of stock needs to be manufactured, often using harmful, synthetic materials. These products are then shipped all over the world. Inditex has one of the highest greenhouse gas emissions of leading European fashion companies. They also have an extensive network of factories that produce their garments. These are mainly located in China, but there are more than 100 factories in Turkey, Morocco, Spain, Portugal, and Bangladesh.

Inditex sales

Inditex made sales of approximately 27.7 billion euros in the financial year 2021. This was an increase compared to the previous year, which was heavily affected by the coronavirus (COVID-19) pandemic. Up until 2020, Inditex had consistently increased its annual revenue each year. 2021 saw a decent recovery, although sales did not quite reach 2019 levels. Most of Inditex’s sales come from Europe, where revenues were more than double that of the rest of the world combined in 2021. The brand Zara was responsible for more than 70 percent of the company’s worldwide sales.

H&M rivalry

The other significant player in the fast fashion world is another European company, H&M. H&M Group generated 22 billion U.S. dollars in sales in their 2021 financial year, which at the time of year-end was equal to roughly 19.5 billion euros. Zara and H&M have battled for the title of greatest brand value in recent years, with Zara coming out on top in 2022, with a brand value of almost 15 million U.S. dollars.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by P. Smith, Nov 15, 2022

Key insights

Annual revenue of Inditex
32.6bn EUR
Net sales of Zara
19.6bn EUR
Market capitalization of Inditex
69.8bn USD
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