WORLDKINGS - Worldkings News - Europe Records Institute (EURI) – Inditex: World's biggest fashion group

09-03-2020

(Worldkings.org) Inditex is the world's biggest fashion group.

Inditex is a Spanish multinational clothing company headquartered in Arteixo (A Coruña) in Galicia. It was founded on June 12, 1985 by Amancio Ortega.

 

Inditex, the biggest fashion group in the world, operates over 7,200 stores in 93 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 cannot 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.

New styles are prototyped in just 5 days and 60% of the manufacturing happens locally to shorten lead-time. In Zara stores, it can take a new garment as little as 15 days to go from design and production to store shelves.

According to en.wikipedia


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