Turnover: 32.57 billion EUR (2022)

Country: Spain

  • Zara is a children's and adult clothing brand belonging to the Spanish Inditex group, founded in 1975 by Amancio Ortega.
  • the group owns the Zara Home, Massimo Dutti, Bershka, Pull and Bear, Stradivarius, Kiddy's class, Lefties, Uterqüe and Oysho brands. And in 1999, the group launched its own cosmetics and perfume brand, Zara Fragrances.
  • Zara clothing is mid-range, inspired by the latest haute couture creations.
  • Zara renews its products on average every month
  • Much of Zara's production takes place in North Africa.
  • With more than 200 designers, the group is able to produce over 30,000 garments a year.
  • The group has been present in France since 1988, where it has grown to become popular with nearly 142 stores.
  • The Inditex group is one of the world's leading textile and clothing retailers
  • Zara France will have around 120 stores by 2022 and estimated sales of €1.3 billion by 2021

News

Five things you need to know about Inditex, the owner of Zara stores 17/09/2023

  • Founded sixty years ago, the group is now the third-largest in the sector in terms of value (after Dior and Nike),
  • Present in 94 countries by the end of 2022, with over 160,000 employees
  • Inditex flagship Zara. The brand operates 1,878 points of sale by the end of April 2023.
  • In France, the brand has 113 stores.
  • Since 2020, the Inditex group has been closing less profitable stores.
  • In the United States, the brand is on a roll: a total of 35 stores are scheduled to open in 2023, making it the second-largest market after Spain.
  • Zara and Inditex have played a major role in the creation of the "fast fashion" concept.
  • Today, the group comprises seven brands: Zara (clothing and home furnishings with Zara Home), Pull & Bear, Bershka, Stradivarius, Oysho (underwear, swimwear and sportswear) and Massimo Dutti in the high-end segment.
  • The total number of stores is 5,800.
  • In 2020, with the Covid pandemic, online sales soared by 77% for the group as a whole, representing a third of the total.
  • Most garments are produced in Spain, Portugal, Morocco or Turkey, while competitors continue to produce largely in Asia.

Bershka, Pull&Bear, Stradivarius: the recipes behind Inditex's phenomenal success with teenagers 14/09/2023

  • The Inditex Group, which owns Bershka, Zara, Stradivarius, Pull and Bear, Oysho and Massimo Dutti, has forecast net earnings of €2.51 billion for 2023
  • Bershka, P&B and Stradivarius account for just 20% of group sales, while Zara accounts for over 70% of total sales.
  • All brands reported year-on-year sales growth
  • Bershka saw its sales increase by 12.3% this year
  • Chinese competitor SheIn achieved estimated sales of $30 billion in 2022, almost as much as all Inditex banners combined in the same year (32 billion euros).
  • Bershka, Stradivarius and Pull&Bear have stores in Europe.

Zara launches Pre-owned, its second-hand platform, on Thursday 07/09/2023

  • The second-hand market is growing in France
  • The Inditex group, owner of Zara, is the world leader in "fast fashion"
  • Zara has launched its second-hand platform, Pre-Owned, in France after a test launch in the UK in November 2022
  • Inditex aims to generate a third of its revenues from online sales
  • Nearly one in two shoppers in France has already resorted to second-hand shopping
  • Second-hand purchases account for up to 15% of all purchases in France
  • Vinted, France's second-hand market leader, has 23 million subscribers
  • The Pre-Owned platform offers a clothing repair or trade-in service, for a fee of just a few euros

Zara launches its second-hand platform 02/09/2023

  • The Inditex group has launched its "Pre Owned" second-hand platform in France.
  • Inditex Group sales reached 32.57 billion euros in 2022.
  • The second-hand market is worth 105 billion euros worldwide, according to bpifrance.
  • Second-hand platforms such as Vinted are well established in France.
  • The "Pre Owned" platform is due to be launched in Germany and Spain by the end of 2023.

Zara posts triumphant results 16/03/2023

  • 4.13 billion euros in profits
  • 32.57 billion euros in sales
  • 50% of garment manufacturing close to home
  • 8.5% of net operating income from Russia
  • 4% growth in online sales
  • 10% reduction in total retail floor space
  • Some 30 store openings in the United States by 2025

Inditex: Market uncertainty 15/03/2023

Key figures

  • - Record net income of 4.13 billion euros in 2022
  • - Operating margin of 16.9% in 2023-2024
  • - Sales of 32.56 billion euros in 2022-2023
  • - Zara sales up 21
  • - Capital expenditure of 1.6 billion euros in 2023
  • - Cash generation of 3.6 billion euros in 2022

Zara accelerates in style 04/05/2021

  • Zara Beauty launched its first limited-edition make-up collection at the end of 2018.
  • The Spanish retailer is expanding its make-up and cosmetics offering on its e-shop.
  • Zara Beauty will be offered in 22 stores worldwide, including the store on Boulevard Haussmann in Paris.

Financial Data

DUNS: 348991555

Legal Name: ZARA FRANCE

Address: 22 RUE BERGERE , 75009 PARIS 9

Number of employees: Entre 5 000 et 9 999 salariés (2021)

Capital: 59 760 880 EUR


Financial Data:

Year 2023 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 1 647 216 528 1 278 371 812 1 024 916 075 1 330 548 881 1 243 756 764 1 159 829 356 1 049 313 415 978 206 137 903 674 619
Gross margin (€) 807 494 687 666 775 181 543 410 164 671 789 855 647 547 972 627 433 002 578 659 474 544 026 130 -
EBITDA (€) 144 323 119 120 432 370 56 140 130 101 188 910 88 475 979 105 152 047 89 541 392 79 741 926 -
Operating profit (€) 106 684 139 82 828 511 -12 348 929 66 966 140 61 970 261 60 310 535 60 147 366 43 538 061 -
Net profit (€) 68 394 538 56 084 726 -14 537 036 37 162 251 46 983 569 37 730 622 35 090 185 26 136 922 33 395 274
Turnover growth rate (%) 28,9 24,7 -23 7 7,2 10,5 7,3 - -
Ebitda margin rate (%) 8,8 9,4 5,5 7,6 7,1 9,1 8,5 8,2 -
Operating margin rate (%) 6,5 6,5 -1,2 5 5 5,2 5,7 4,5 -
Working Capital (turnover days) -20,6 13,8 11,9 6,2 13,3 6,7 -3 7,5 -
Working Capital requirements (turnover days) 12,1 8,6 -15,2 -9,9 -15,9 -8,9 -8,5 -4,3 -
Net margin (%) 4,2 4,4 -1,4 2,8 3,8 3,3 3,3 2,7 -
Added value / Turnover (%) 31,3 31,1 29,6 31,8 31,9 34,3 34,4 34,7 -
Wages and social charges (€) 268 554 639 211 384 852 177 212 478 225 099 265 215 624 778 211 112 240 202 479 288 189 452 276 -
Salaries / Turnover (%) 16,3 16,5 17,3 16,9 17,3 18,2 19,3 19,4 -

Company Managers:

Position First Name Last Name Age Linkedin
Gérant Jose, Manuel Romay De La Colina 63

Studies mentioning this company

The swimwear market - Spain

Other companies mentioned:

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