Inditex

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[In-di-tèx] proper n. Spanish multinational fast fashion group, owner of brands such as Zara, Bershka, and Massimo Dutti.

Should the fashion world fear Inditex? Thanks to its now-regular collaborations with some of the biggest names in the system, the Spanish group conquered the middle market left behind by luxury. Growth has been slower than expected, but 18.4 billion euros in sales in just the first half of the year are far from trifling. The Hortega empire, over which the sun truly never sets, has not only maintained steady profits but has also expanded, with new store openings in London, Paris, and Seoul, a new logistics hub in Spain, sustainability programmes, and customer services. While market waters remain rough, Inditex keeps swimming along undisturbed, while others grasp for air.

Inditex