Not everyone knows the name of this Spanish corporation, but it is the world's largest manufacturer and seller of clothing. Everything becomes clearer when listing the brands that Inditex unites: Zara, Massimo Dutti, Pull and Bear, Oysho, Zara Home, Bershka, Stradivarius, Lefties, Uterque and others.
History of Inditex
1985 is the year the corporation was founded, but its history began 10 years earlier, when the enterprising Spaniard Amancio Ortega opened the first Zara brand store in the city of A Coruña. By the way, the brand name could have been completely different, if not for unforeseen difficulties. Ortega wanted to name the store "Zorba" after the film of the same name, but he was refused registration and had to settle for the now world-famous variant.
Combining the latest fashion trends with affordable prices, Zara gained popularity very quickly. Accordingly, new stores began to open throughout Spain. In 1985, they were merged into one network, and the holding was named Inditex. The corporation systematically and successfully developed in subsequent years, creating various brands of children's, men's and, especially, women's clothing. Gradually expanded and the range.
Inditex today
The success of the corporation, reacting with lightning speed to changes in demand and adhering to a multi-brand strategy, became obvious by the beginning of the 90s. Even then, profit growth was at least 40% annually. Today, the holding owns more than 7,500 thousand stores located in 96 countries of the world, and online products are available in 156. And this, apparently, is not the limit.