18 Facts About Inditex

1.

Inditex's business is centred around one simple premise: to be quick at responding to the market.

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2.

In 1985, Industria de Diseno Textil S A or Inditex was created as a holding company for Zara and its manufacturing plants.

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3.

In 1991, Inditex created the company Pull and Bear, a casual menswear company.

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4.

Inditex created Lefties in 1993; the name is taken from the term leftovers and it was created to sell old Zara clothing.

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5.

In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line.

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6.

In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion.

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7.

Inditex bought Stradivarius in 1999, a youthful female fashion brand.

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8.

Inditex had its initial public offering in 2001, on the Bolsa de Madrid.

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9.

In 2003, Inditex launched the Zara Home brand, which offers bedding, cutlery, glassware and other home decoration accessories.

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10.

Inditex launched Uterque in the summer of 2008, the brand specializes in women's accessories.

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11.

In May 2021, Inditex said that all its stores in Venezuela would close as it will review its agreement with its local partner Phoenix World Trade.

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12.

Inditex's expansion continued to the Serbia, North Macedonia, Armenia, Ecuador, Georgia and Bosnia-Herzegovina in 2012.

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13.

In 2016, Inditex announced that they planned to open stores in Vietnam, New Zealand, Paraguay, Aruba and Nicaragua.

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14.

In September 2011, Inditex brought Zara's e-commerce platform to the U S, as well as adding the brands Pull and Bear, Massimo Dutti, Bershka, Stadivarius, Oysho and Uterque to the e-commerce space.

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15.

In September 2018, Inditex announced to sell all its brands online by 2020, even in places where it does not own any stores.

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16.

Inditex avoids magazine advertising, with print campaigns only occurring on billboards in certain regions like U S and in-store.

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17.

Inditex invests heavily in a prime commercial location with fashion-forward window displays for optimum high street visibility and product turnaround.

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18.

Under the Inditex umbrella are several brands that offer a variety of products aimed at different markets.

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