Inditex (ITX)

About Inditex (ITX)

Company Description:

Inditex, known officially as Industria de Diseño Textil, S.A., is a global leader in the apparel retail industry. The company is renowned for its innovative fast-fashion business model.

Inditex operates through several well-known brands including Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe.

Founded by Amancio Ortega Gaona in 1975, Inditex has its headquarters in Arteixo, A Coruña, Spain.

Main Product(s):

Inditex's main products encompass a wide range of clothing, accessories, and home products, marketed primarily through its various retail brand outlets.

Short History of Inditex:

1975: Founded by Amancio Ortega Gaona in Spain.

1980: Began its expansion with the opening of the first Zara store in Porto, Portugal.

1988: Expansion continued with the opening of a store in New York, USA.

1991: Pulled&Bear and Massimo Dutti brands were added to the group.

1998: Entered the home decor space with Zara Home.

2001: Went public on the Bolsa de Madrid.

2011: Launched its online platforms, starting with Zara's e-commerce site.

2017: Announced all of its brands would be available online by 2020, marking a significant digital transformation.

2020: Amid the COVID-19 pandemic, Inditex accelerated its digital strategy, integrating store and online operations.

Key Executives:

Name Title Pay Exercised Year Born
Mr. Oscar Garcia Maceiras CEO & Executive Director 5.89M N/A 1975
Mr. Amancio Ortega Gaona Founder & Non-Executive Proprietary Director 100k N/A 1936
Mr. Ignacio Izuzquiza Fernández Chief Financial Officer N/A N/A N/A
Mr. Carlos Crespo González COO & MD of Operations, Sustainable and Digital Transformation 3.37M N/A 1971
Mr. James O'Shaughnessy Senior Investor Relations Manager N/A N/A N/A
Mr. Javier Monteoliva Díaz General Counsel & Secretary of the Board N/A N/A N/A
Mr. Raul Estradera Vazquez Chief Communication Officer N/A N/A N/A
Ms. Begoña López-Cano Ibarreche Chief People Officer N/A N/A N/A
Mr. Gabriel Moneo Marina Chief Information Technology Officer N/A N/A 1960
Mr. Abel López Cernadas Head of Import, Export & Transport N/A N/A 1965

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