Zara brand Inditex, the parent company, overtook many electronic companies and banks in Spain and became Spain's largest listed company. Inditex currently has more than 5500 shops in the world, and has branches in 82 cities around the world. Its brands include Massimo Dutti, Bershka, Pull&Bear and so on.

Inditex Group

This week, the parent company of Zara brand I Nditex It overtook many electronic companies and banks in Spain and became Spain's largest listed company. Last Friday, the estimated market value of Inditex closed at 32 billion 360 million pounds, which was far ahead of Spain's largest international bank Santander and electronic enterprise Telefonica. The company's founder, Amancio Ortega, is currently the world's top five billionaire, holding 59% of the company's shares.

Amancio Ortega is the son of a railway worker. He delivered goods to a shop that made shirts when he was 14 years old. In 1963, only 27 of him built his first store with his own only 5000 yuan, making his dress and underwear. In 1975, he founded the Zara brand. Last year, the company's sales rose 10% to 13 billion 800 million euros, and net income rose 12% to 1 billion 900 million euros.

Inditex currently has more than 5500 shops in the world, and has branches in 82 cities around the world. Its brands include Massimo Dutti, Bershka, Pull&Bear and so on. Although Europe's economy is not booming, Inditex still breaks all obstacles and moves forward. Its market share of Zara brand is only 6%, and there is still room for development. As Zara strengthens its competitiveness in the fast developing market such as China, Inditex Group There is bound to be a lot of profit and space for development.