Industria de Diseño Textil S.A. - Principal Competitors

Principal Competitors

The Gap Inc.; Hennes & Mauritz AB; Benetton Group S.p.A.; Vivarte; Gruppo Coin S.p.A.; Kiabi S.A.; La Redoute; Charles Vogele Holding AG; Peek und Cloppenburg KG; Somfy International S.A.; Cortefiel SA; Mango S.A.

Key Dates:

1963:
Amancio Ortega Gaona begins producing house-coats and lingerie in his sister's home in A Coruna, Spain, then later opens his own factory and retail stores.
1975:
Ortega launches a new retail format, Zara, which produces low-priced copies of popular fashions.
1984:
José Marie Castellano joins the company as CEO and develops a computerized systems for "instant fashions" concept.
1985:
The company becomes Industria de Diseño Textil S.A., or the Inditex Group.
1988:
The company expands internationally with the opening of a store in Oporto, Portugal.
1989:
The company enters the U.S. market.
1990:
Inditex enters the French market.
1991:
Pull & Bear retail format is launched and 65% of Massimo Dutti is acquired.
1995:
The company acquires full control of Massimo Dutti.
1998:
The Bershka retail format is introduced.
2001:
Inditex goes public on the Bolsa de Madrid.
2004:
The company tops 2,000 stores worldwide with plans to open more than 350 new stores during the year.