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.
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