Inditex is a fashion retailer which dates back to 1963 when it started life in a small workshop making women's clothing. Today it has more than 7,000 stores throughout the world. Through its history the Group has evolved to become the business it is today reaching many notable milestones along its journey. But it has always remained focused on listening closely to its customers to offer them the fashions they desire. This strong customer orientation would give rise, years later, to the launch of the first Zara store in 1975. This was followed by the brand's international expansion at the end of the 1980s and the successive launch of new retail concepts: Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe. This customer focus underpins an organisational structure that encompasses all stages of the fashion value chain (design, manufacturing, distribution and sale in proprietary stores). The customer promise is also the driving force behind the integration of our sustainable and environmental policies used throughout the Group's supply chain.
The Group's brands strive to sell fashionable products of the highest quality. Inditex is committed to its customers; which means that its 150,000-strong workforce is focused on staying true to its word. A state of the art logistics system centred in Spain helps deliver new products to all of the Group's stores twice weekly to meet our customers' needs.

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Type
Public
HQ
Arteixo, ES
Founded
1974
Size (employees)
161,793 (est)
Inditex was founded in 1974 and is headquartered in Arteixo, ES
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Key People/Management at Inditex

Pablo Isla Alvarez de Tejera

Pablo Isla Alvarez de Tejera

Chairman & CEO
Ignacio Fernandez

Ignacio Fernandez

CFO
Marco Agnolin

Marco Agnolin

Director of Bershka
Eva Cardenas Botas

Eva Cardenas Botas

Director of Zara Home
Jorge Perez  Marcote

Jorge Perez Marcote

Director of Massimo Dutti
Jose Luis Rodriguez Moreno

Jose Luis Rodriguez Moreno

Director of Uterque
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Inditex Office Locations

Inditex has offices in Elche, Arteixo, Narón, Tordera and in 1 other location
Arteixo, ES (HQ)
Edificio Inditex s/n Avda. de la Diputación
Elche, ES
22 Calle Severo Ochoa
Narón, ES
37 Avenida Gonzalo Navarro
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Inditex Financials and Metrics

Inditex Financials

Inditex's revenue was reported to be €23.31 b in FY, 2016 which is a 11.5% increase from the previous period.
EUR

Revenue (H1, 2017)

11.7 b

Gross profit (H1, 2017)

6.6 b

Gross profit margin (H1, 2017), %

56.4%

Net income (H1, 2017)

1.4 b

EBITDA (H1, 2017)

2.3 b

EBIT (H1, 2017)

1.7 b

Cash (31-Jul-2017)

3.8 b
Annual
EURFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

16.7 b18.1 b20.9 b23.3 b

Revenue growth, %

8%15%12%

Cost of goods sold

6.8 b7.5 b8.8 b10 b

Gross profit

9.9 b10.6 b12.1 b13.3 b
Half Year
EURH1, 2014H1, 2015H1, 2016H1, 2017

Revenue

8.1 b9.4 b10.5 b11.7 b

Cost of goods sold

3.4 b3.9 b4.5 b5.1 b

Gross profit

4.7 b5.5 b5.9 b6.6 b

Gross profit Margin, %

58%58%57%56%
Annual
EURFY, 2014FY, 2015FY, 2016

Cash

38 b4.2 b4.1 b

Accounts Receivable

861.8 m668.8 m861 m

Inventories

1.9 b2.2 b2.5 b

Current Assets

7.1 b8.4 b9.9 b
Half Year
EURH1, 2018

Cash

3.8 b

Accounts Receivable

825 m

Inventories

2.7 b

Current Assets

9.4 b
Annual
EURFY, 2015FY, 2016

Depreciation and Amortization

1 b1.1 b

Inventories

(425.1 m)(388.8 m)

Accounts Payable

840.1 m291 m

Cash From Operating Activities

4.5 b4.1 b
Half Year
EURH1, 2018

Depreciation and Amortization

547.9 m

Inventories

(227 k)

Accounts Payable

(45.9 m)

Cash From Operating Activities

1.4 b
EURY, 2017

Financial Leverage

1.7 x
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Inditex Operating Metrics

Inditex's Stores was reported to be 7.2 k in H1, 2016.
FY, 2013FY, 2014FY, 2015FY, 2016H1, 2016

Markets with Commercial Presence

87 88 88 93 93

Markets with an Online Store

25 27 29 41

Stores

6.34 k6.68 k7.01 k7.29 k7.24 k
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Inditex News and Updates

Op-Ed | Fast Retailing's Working Hard to Pull the Look Together

The Japanese owner of Uniqlo's overseas push is paying dividends.

E.l.f. Cosmetics Races to Stay Ahead

The fast-beauty cosmetics brand has become a customer favourite, but growth is slowing and new competitors aim to knock the company off its perch.

To Avoid More Racist Hoodies, Retailers Seek Diversity

In a world where shoppers are increasingly aware of — and vocal about — cultural appropriation and insensitive references, retailers like H&M and Zara are beefing up approval processes to avoid more problematic products.

Korea’s Lightning Fast Fashion

Seoul’s awe-inspiring Dongdaemun garment district makes it hard for the likes of H&M to compete in one of Asia’s most influential fashion markets. BoF investigates the hyper-local, hyper-connected competition.

Announcing Bershka, The Modist & Totême

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
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