Other news
Inditex opens in Allariz the second store in Galicia of its ‘for&from’ integration project
Tempe, the company that designs, manufactures and distributes Inditex’s footwear and accessories, today opens to trade in Allariz (Ourense) a store which will sell footwear and accessories from previous seasons of all of Inditex’s commercial formats at affordable prices. This store is part of the ‘for&from’ project, which seeks the labour integration of disabled people within the Inditex Group. This is the fourth store – and the second one in Galicia – of the ‘for&from’ project. Just as with the first ‘for&from’ store opened in Allariz (from the Massimo Dutti format), Inditex has worked in partnership with the Confederación Galega de Persoas con Discapacidade, owner of the Special Employment Centre in Integratex, which manages the Massimo Dutti store and which will also work for Tempe. The store staff is made up of five people with a certain degree of physical or intellectual disability.
Uterqüe opens its first store in Russia
With this opening, all the fashion formats of the Inditex Group are present in Russia.
Uterqüe, the accesories format of the Inditex Group, launches in Moscow its first store in Russia. The store is located in Metropolis, one of the major shopping centres in the Russian capital. With this grand opening, Uterqüe, which was launched in July 2008, is present in 13 countries with 60 stores: Spain, Portugal, Greece, Belgium, Cyprus, Mexico, Saudi Arabia, UAE, Lebanon, Kuwait, Qatar, Turkey and Russia.
Fashion novelties of Zara and Zara Home,
Zara and Zara Home have created applications for mobiles, which are available in versions for the iPhone, Android, Windows Mob, Nokia and Blackberry, which allow users to have access to a large photographic gallery of the commercial offer available at the stores. The new apps -which are launched under the claim ‘All fashion in your pocket’- will receive immediate updates with the images of the new models, which arrive at Zara and Zara Home stores twice a week. What is more, in the applications, both the season’s catalogue and the look book prepared by the chains’ stylists will be available, making it possible to get to know the collections and the selection of articles which may be of interest to each customer.
Uterqüe opens its first store in México
The format of the Inditex Group has entered the Mexican market with the opening of its first store, located in Antara Polanco mall, the most exclusive commercial centre in Mexico DF, where Inditex has an important commercial presence. With this opening Uterqüe overcome the 50 stores located in Spain, Portugal, Greece, Belgium, Cyprus, Qatar, Kuwait and Arab Emirates.
First store in Europe to be awarded the LEED certification
The new Zara and Zara Home store located in Barcelona, 11-13 Portal de l’Angel encompasses all the environmental initiatives set in train by Inditex, and is the first retail project in Europe to be awarded the LEED certification, the US standard for sustainable architecture, one of the most demanding in the market. The result is a store with 30% less energy consumption versus the average annual consumption of a regular store, and with a 50% saving in water consumption. It also prevents the emission of upwards of 150 CO2 tonnes per year.
Massimo Dutti receives the first "A" Energy Rating awarded in Spain to a retail store
A new Massimo Dutti store located at Avenida Diagonal 484 in Barcelona has received an “A” Energy Rating from Spain's Ministry of Industry, Tourism and Trade through ICAEN (Instituto Catalán de Energía, the Catalonian Energy Institute), in accordance with European Union Directive 2002/91/EC. This "A” rating, the first to be awarded to a retail outlet in Spain, represents the highest possible score for energy efficiency in buildings.
Zara opens its largest United States store in Chicago
The Inditex Group’s flagship fashion retailer, Zara, today opened its first store in Chicago, Illinois at 700 N. Michigan Avenue, a prime shopping destination on the city’s Magnificent Mile. The store, with a space measuring more than 16,000 commercial square feet (1,500 square meters) spread over three floors, is Zara’s largest location in the United States.
Zara improves its rank in the Interbrand list of global brands
Brand consultant Interbrand has ranked Zara at No 50 at its annual ranking of the most valuable global brands. Zara, which joined this classification for the first time in 2005, has increased its brand value by 14% versus last year when it was ranked at No 62. This jump is the highest achieved by a fashion retailer on the top 100 list.
Inditex improves its ranking on the Dow Jones Sustainability Index World
The Inditex Group strengthens its position as member of the Dow Jones Sustainability Index World (DJSI World) achieving better scores in all criteria considered in the assessment. This prestigious index, which assesses companies in terms of sustainability, has just launched the 2009 annual review which will be effective as of September 21st. Inditex has been part of the DJSI World since 2002.
Uterqüe celebrates its first year on the retail scene
Uterqüe celebrates its first year on the retail scene as the winter 2009-2010 season gets underway. The new collection has already landed at more than 40 stores in seven countries, among them a new store opening today on Madrid’s Gran Vía.
Zara arrives to Egypt with a first opening in Cairo
Since today, Zara has its first store in Egypt, in the city of Cairo. The store is located at Star Centre, one of the most state-of-the art shopping malls in the Middle East, with upwards of 500 stores of relevant national and international operators, just a few minutes away from Cairo’s international airport.
Pull and Bear and Bershka open its first stores in China
Pull and Bear has chosen Beijing for its first opening in China. The store is located in Solana shopping mall, one of the main shopping areas of the Chinese capital, located in the north-west of the Chaoyang Park, the biggest urban park in Asia. The Pull and Bear store has 300 square metres in which it will sell the men’s and women’s collections. Next week, Pull and Bear will open its second store in Beijing, this time in the U-Town shopping mall.
Massimo Dutti launches its first stores in Colombia and the Philippines
The format of the Inditex Group has entered the Colombian market with the opening of its first store in Bogotá, located on 82nd street, the most exclusive neighbourhood in the capital , and the Philippine market, by launching its first store in Manila, in Greenbelt Shopping Centre.
Inditex: Multi-market Retailer of the Year
Inditex has been awarded the Global Retailer of the Year award during the third edition of the World Retail Congress. This category of the World Retail Awards “recognise those retailers successful demonstrating how to trade in multiple countries and therefore stand out as world-class exponents of international retailing. This prize represents those retailers that are delivering great financial performance as well as demonstrating that they have strong consistency of the retail format in all its territories”. This significant honour to Inditex has been granted in the framework of one of the most relevant meetings of the fashion retail sector, the World Retail Congress. A jury comprised of some of the major worldwide experts in the retail sector has decided to award Inditex this prize.
Inditex chosen for listing on the FTSE4Good IBEX Index for another year
FTSE Group has retained Inditex as a member of the FTSE4Good Ibex following its 2009 review of companies listed on the index. Inditex has been included on FTSE4Good since March 2003 and has been part of the FTSE4Good IBEX, comprised of companies traded on Spanish stock exchanges, since the index’s creation one year ago. The FTSE4Good family of indices represents a significant benchmark for investors throughout the world who value companies working to bring their business operations into compliance with social, financial and environmental responsibility standards.
Oysho launches a project with WWF to protect marine animals
Inditex’s lingerie format puts to sale in its stores a CD and all proceeds form its sale shall be allocated to a WWF scheme to save dolphins and tortoises of the Mediterranean Sea.
“The Pull and Bear World Project”, an initiative in search of new artistic, social, environmental or sporting ideas
Pull and Bear is launching The Pull and Bear World Project, a competition aimed at young people all over the world with ideas that can surprise us and contribute something new to society. From 30 March to 10 July, Pull and Bear will compile all the projects submitted that are related to the arts, sports, and social and environmental commitment, values that the brand is founded on.
Inditex has been elected the company with the best repute in Spain
For the second straight year, Inditex leads the 2009 Merco (Business Monitor of Corporate Repute) ranking, having been voted the company with the best repute in Spain. Inditex’s Chairman, Mr Amancio Ortega, tops once again, and for the seventh year in a row, the list of the most valued corporate managers, for the seventh straight year.
Inditex to be part of the environmental awareness-raising “Earth Hour” event
Inditex will take part in the “Earth Hour” campaign, an event created by a NGO, WWF, and endorsed by United Nations. This is one of the biggest environmental awareness-raising acts against climate change ever carried out.
Bershka launches a store in an exceptional site in Saint Petersburg
Bershka has opened a new store in Russia, in the city of Saint Petersburg. The store is located in Nevsky Prospect, the best shopping street in the city and one of its major avenues considering the large number of historic buildings it contains. In fact, Bershka has launched this new project in a singular building of the XVIII century, spreading over 400 m² of floor area where it presents its collections. Opposite Bershka, Zara has its own store and Zara Home is located in a building known as ‘Mertens House’, without doubt one of the most singular stores of these formats in the country. To mark this launching, Bershka held a session of live music in which three of the best known DJ’s in the city took part; the format often resorts to this sort of initiatives, something that its customers really appreciate. Russia is a primary market in the expansion strategy of Inditex, with 107 stores launched, 18 of which are from the Bershka format.
Massimo Dutti opens its first store in Beijing
Massimo Dutti, with 470 stores in 38 countries, has chosen Solana Lifestyle Shopping Center for its first store opening in the capital of China. Located in North West side of Chaoyang Park, the largest urban park in Asia, Solana lifestyle shopping center is a rising commercial premise in Beijing. The Massimo Dutti store is in Solana’s brands street, spreading over 320 sqm with its Women and Men Spring/Summer 09 collections.
Inditex take part of the Eco 10 index
For second time Inditex enters in the Eco 10 stock-market index created by El Economista, a Spanish financial daily, with the participation of 52 investment banks. The first entry of the company in the index, estimated by Dow Jones Sotxx, was on 30th December of 2006. According to the analysts consulted by the daily, the re-entry is due to “the excellent management of the company”.
Top Consulting Firms Rank Inditex Among the World’s Leading Companies in Sustainability
Inditex has been named one of the world’s most sustainable corporations, according to a study by PricewaterhouseCoopers (PwC) and Sustainable Asset Management (SAM). The study was designed to identify companies that stand out for their ability to manage sustainability and that also represent an appealing investment opportunity. The report contains an analysis of 57 industries and 367 of the 2,500 companies listed on the Dow Jones Wilshire Index. In addition, it highlights Inditex as one of the companies which has made the most significant progress in the sustainability field in the past year.
Zara Voted Best Fashion Store in Norway
Zara Norway was voted “best fashion store in Norway” by readers of Costume magazine, one of the country’s most influential fashion publications. Zara received the honour at the Costume Awards ceremony in Oslo. The magazine’s readers emphasised Zara’s ability to offer a product range that always keeps pace with the latest style trends.
Zara opened its first shop in Norway in August 2006 and now has four stores there, three in Oslo and one in Trondheim. In addition, Inditex’s Norwegian business includes two Massimo Dutti stores.
Inditex Opens its First Egyptian Stores
Pull and Bear and Bershka have made their retail debut in Egypt with the opening of their first stores in Cairo. The new shops are in Mohandessin, one of the capital’s most upscale shopping areas and the same neighbourhood in which Inditex plans to open its first Egyptian Zara store. The Cairo locations are the first Pull and Bear and Bershka stores on the African continent, where Zara, Massimo Dutti, Stradivarius and Zara Home already welcome shoppers at stores in Morocco and Tunisia. The retailer’s arrival in Egypt brings to 73 the number of countries in which Inditex has stores.
Zara and Zara Home Open a Store on Nevski Prospekt, in the Heart of Saint Petersburg
Zara and Zara Home have opened one of their most emblematic Russian stores in the city of Saint Petersburg. The store is located at 21 Nevski Prospekt, a major thoroughfare in the city centre, and is very close to the Winter Palace and Hermitage Museum. The store is in one of Nevski Prospekt’s most well-known buildings, Mertens House, which was built in 1740. The building’s namesake was a prosperous fur merchant who bought the property in 1871 and hired the architect Lialevich and the sculptor Kuznetsov to renovate it. Their 1911 renovation gave Mertens House the architectural characteristics seen today in its neoclassical style.
Visit of TRH the Prince and Princess of Asturias to Inditex
TRH the Prince and Princess of Asturias visited Inditex’s headquarters in Arteixo, where, guided by Mr Amancio Ortega and Mr Pablo Isla- the Chairman and 1st Deputy Chairman and CEO of Inditex, respectively-, they learnt about the different working areas of the company. During their tour, the Princes were also accompanied the Chairman of the Regional Government of Galicia, Mr Emilio Pérez Touriño, the 2nd Deputy Chairman of Inditex, Mr Carlos Espinosa de los Monteros, the Government Delegate in Galicia, Mr Manuel Ameijeiras and the Mayor of Arteixo, Ms Pilar Souto.
Inditex is already present in 72 countries
With the opening of the first Zara store in Tegucigalpa (Honduras), Inditex is already present in 72 countries. The launching of the store at Multiplaza shopping centre, one of the most significant commercial areas in the Honduran capital, received a very warm welcome from the visitors of the shopping centre. During the fiscal year in course, Inditex has entered four new markets: Ukraine, South Korea, Montenegro and Honduras.
Zara opens its biggest store in New York
Zara has opened a new store at 5th ave. and 42nd st., in one of New York City’s prime shopping areas, reaching six stores in Manhattan and 40 in the United States. The store has a surface area of around 12,000 square feet, making it the biggest Zara store in New York.
Uterqüe opens its first store in Greece
Uterqüe, the concept in the Inditex Group which specialises in fashion accessories, is tomorrow beginning its commercial activity in Greece with the opening of its first store in Athens. The store will be one of the flagships of the concept in this market as it is located in an excellent spot on Metaxa, Glyfada, one of the most exclusive shopping streets in the capital.
Inditex opens today its first stores in Montenegro
Zara, Bershka, Pull and Bear, Oysho and Stradivarius have opened the first stores of the Group in Montenegro. The stores are located in Delta City commercial centre, in Podgorica. With these openings, the Inditex Group already operates stores in 71 countries and increasing its presence in Eastern Europe markets.
Zara receives an award for ‘Best fashion product’ in Russia
Zara Russia has been awarded the “Best fashion product’ in the course of the first ever Retail Grand Prix, an event organised by AKORT (The Russian Association of Retail Companies) and B2B Conference Group, together with the World Retail Congress. The Board of Experts, who has granted the award, was comprised of representatives of major retail companies, both Russian and international. This award given to Zara shows the warm welcome that the commercial offer of the concept has received from Russian clients.
Pull and Bear plants thousands of trees
The fashion format has ceased publishing its catalogue in paper and is currently supporting an environmental project in Querétaro (Mexico).
Zara opens its flagship store in South Korea
Zara has opened its South Korean flagship store in Seoul where it has two other stores already. This new outlet spreads over more than 1,300 sqm. in M Plaza in Myungdong, one of the main shopping areas in the capital.
Stradivarius and Bershka open their first stores in Colombia
Bershka and Stradivarius have today started its commercial activity in Colombia with their firsts stores located in Bogota. This is the first opening of Stradivarius in the Americas; meanwhile Bershka is present with stores in Mexico, Venezuela, Salvador and Guatemala. The new stores in Bogota are located in Santafe Shopping Center, which is considered one of the most significant commercial areas in the city. Zara has a store in this mall since October 2007. The Stradivarius and Bershka stores have a sales area of 300 and 400 square meters, respectively, where the latest trends are showed. With Colombia, Stradivarius already operates in 26 countries and Bershka, in 35.
New Massimo Dutti, Zara Home and Zara openings in Poland, Romania and Russia
The first Zara Home and Massimo Dutti stores opened today in Romania. Massimo Dutti has also opened in Poland. Zara has opened a new store in Moscow. After these openings, Inditex maintains the rate of growth in Eastern European countries.
Pull and Bear and Massimo Dutti continue the expansion in Asia-Pacific
The entering of Pull and Bear in Indonesia coincides with an opening of a Massimo Dutti store in Hong Kong. Inditex continues its expansion in the Asia-Pacific region, an area where the Group has a higher pace of growth.
Zara opens its second store in Oslo
The Inditex Group today opens its second Zara store in Oslo. The new store in the Norwegian capital is located at Tostrupgården, one of the most prominent buildings in Karl Johan, the prime commercial street in the city.
Awards for Inditex’s international renown and environmental policy
Inditex has been rewarded for the outstanding international renown of a Spanish company within the V Edition of the Awards to Internationalisation, presented by the Club of Exporters and Investors. This prize which rewards the international renown of the Group as well as its determined commitment to its cross-border expansion has been presented by the Club of Exporters and Investors, an institution made up of Spanish companies whose external activity contributes significantly to increasing the international weigh of the Spanish economy.
Oysho opens its first store in France
The Inditex’s chain devoted to lingerie, underwear and swimwear for women increases presence in Europe. After this opening in France, the Group operates more than 160 stores of its eight commercial formats in this country.
Bershka and Zara: first Inditex chains with stores in Croatia
The first stores of the Inditex Group in Croatia have been opened by Zara and Bershka in the commercial area of Avenue Mall, in the capital city of Zagreb. With these openings, the Inditex Group already operates stores in 67 countries and an increasing presence in Eastern Europe markets.
Massimo Dutti and Zara open its first stores in Macau
The expansion of Inditex in the Asia-Pacific has reached a new goal with the opening of Zara and Massimo Dutti stores in Macau, China. The new stores are located in ‘The Venetian’, which is considered to be one of the most significant commercial areas in the city of Macau. Located in the Pearl River Delta, Macau is the fourth Chinese city with Zara stores, after Shanghai, Beijing and Hong Kong. After this first shop in China, Massimo Dutti is soon to open its second store in Hong Kong.
Inditex sends aid to those affected by the wildfires in Greece
Inditex has decided to send 1,000,000 euros to collaborate in the aid to those affected by the recent wildfires in Greece. Through this initiative, Inditex intends to contribute in the urgent reconstruction project of the damaged areas and to render support to the local community and all the affected people.
Inditex sends aid to those affected by the Earthquake in Peru
Inditex will send 1,000,000 € to contribute in the international aid to those affected by the recent Earthquake in Peru, an area in which the Group was already cooperating through several Social Investment Programs. The amount will be channelled through the organisations Cáritas and Fe y Alegría that will send the aid to its recipients through various initiatives in the areas affected by the earthquake.
Inditex, present in 66 countries
Inditex is present in 66 countries since July 26th, the day on which the first Zara store opened in the Unicentro Bogota in Colombia. The store opening caused much speculation among the residents of this capital city. When the store opened its doors first thing in the morning on the 26th, there was a large number of clients waiting and applauding the occasion.
Pull and Bear opens in Antwerp its first store in Belgium
Pull and Bear has started its commercial activity in Belgium with a first store located in Antwerp. The establishment is divided into two floors of a building located on the main shopping street of the town, the Meir Street. With a sales area of 600 square meters and a staff of 18 people, the new Pull and Bear store include its men and women collections of casual and laid-back style.
Business Week ranks Inditex as the seventh best performing European company
The 2007 European Business Week 50 ranking, today published by this influential US finances magazine, places Inditex as the seventh European company with the best financial performance. Likewise, Inditex is the specialised retailer which achieves a best position in this ranking and the top Spanish company of the list. Inditex was included in this ranking for the first time in 2004 and since then has always been part of the 50 companies that comprise the European BW50. According to this financial magazine, Inditex stands out for its capacity to put in place a business model based upon a quick rotation of the offer: “the faster the clothes change, the more often customers return to check out the new offering”. On the other hand, Business Week also stresses out the positive evolution of sales and profit, and the high gross margin which is deemed the key sign of health for retailers.
Inditex: Global Retailer of the Year
Inditex has been awarded the Global Retailer of the Year award during the first edition of the World Retail Congress. This significant honour acknowledges Inditex’s career as well as the results posted in FY2006 and has been granted in the framework of one of the most relevant meetings of the fashion retail sector, the World Retail Congress. This event has become the first congress specialising in the retail sector on a global scale. A jury comprised of some of the major worldwide experts in the retail sector has decided to award Inditex this prize. The award was collected by Ms Lorena Alba Castro, head of Logistics at Inditex, who thanked the jury for acknowledging the effort of the some 70,000 employees of the Group.
Inditex expands in the Russian market with the launching of ifs first stores in Saint Petersburg
* Zara, Pull and Bear, Massimo Dutti, Bershka and Stradivarius open stores at Dibenko Shopping Centre
With the launching of five stores at Dibenko Shopping Centre in Saint Petersburg, the second largest city in Russia, Inditex has began to expand its commercial formats outside the Moscow area, where it had focused so far as regards the Russian market. With this five new stores, the Group reaches 29 outlets in Russia, a market it first entered in the year 2003.
Inditex expands in the Russian market with the launching of ifs first stores in Saint Petersburg
* Zara, Pull and Bear, Massimo Dutti, Bershka and Stradivarius open stores at Dibenko Shopping Centre
With the launching of five stores at Dibenko Shopping Centre in Saint Petersburg, the second largest city in Russia, Inditex has began to expand its commercial formats outside the Moscow area, where it had focused so far as regards the Russian market. With this five new stores, the Group reaches 29 outlets in Russia, a market it first entered in the year 2003.
Inditex joins Ethical Trading Initiative’s Board
The Board of Ethical Trading Initiative (ETI) has resolved in its last meeting that Inditex willl join this supreme governing body. ETI is a UK-based organization that gathers global retailers, large suppliers, trade unions and NGOs and which pursues to improve the living conditions of the suppliers’ employees. Inditex joined ETI in October 2005. Further to the latest meeting of ETI’s Board, Javier Chércoles, head of CSR at Inditex, will sit on the Board to represent the Company therein. This body determines the policy and the general strategy of the organization and is charged with planning and supervising the activities thereof.
Skhuaban enters the French and Italian markets
Skhuaban, the fashion format for kids of the Inditex Group, has launched its first stores in Italy and France, and is already present in five European countries. The first two openings in Italy have taken place in Cremona and Busto Arsizio (both in the northern region of Lombardía), whereas the first Skhuaban store in France has opened in Evry (Paris region). The format also opens today a second store in Greece, where Skhuaban extended its commercial presence in July.
Zara Home’s flagship store at Avenue Louise in Brussels
Zara Home has opened at one of the best commercial sites of the Belgian capital its flagship store in this country. Zara Home was already present in Belgium with two stores. This new outlet spreads over more than 400 sqm. of retail floor on two levels at Avenue Louise, Brussels. The other two Zara Home stores in Belgium are located at Meir Street in Antwerp and in the Wijnegem Shopping Mall, near this same city. Zara Home has more than 140 stores in fifteen countries in Europe, the Middle East and the Americas.
Inditex, among the Ibex-35 companies with better Corporate Governance, pursuant to CGC
Consultores de Gobierno Corporativo (CGC), the Spanish consultancy firm that specialises in corporate governance, has presented its second Ranking on Corporate Governance in Ibex-35 companies, where Inditex is ranked among the best Spanish companies in this field. Inditex is one of the four companies that gets a better grade than 7.5 in this classification and is ranked the second Spanish company which better complies with good governance principles among listed companies. Inditex has achieved this ranking after having improved by 1.5 points last year’s grade, being also the company whose qualification has risen the most.
Massimo Dutti launches in Casablanca its first store in Morocco
Massimo Dutti launched at boulevard Massira Al Khadra in Casablanca, the most populous city and financial capital of Morocco, its first store in the country. Situated in the main shopping area of Casablanca, the new Massimo Dutti store spreads over 1,300 m² where the latest women’s and men’s fashion trends are presented. Massimo Dutti has at present 382 stores in 28 countries. With the launch of this format in Morocco, the Inditex Group is present in the country with three of its brands: Zara, Stradivarius and Massimo Dutti.
Latest annual revision of DJSW index ratifies Inditex
SAM Indexes, the company in charge of the preparation of the Dow Jones Sustainability indexes, has ratified in its latest annual revision – which shall be effective as of 18 September - that Inditex will continue to be part of this prestigious worldwide index (Dow Jones Sustainability World Index). Inditex joined the DJSW index in September 2002.
Zara reopens its flagship store in Milan after an ambitious make-over
The Zara store located at Corso Vittorio Emanuele II, Milan, reopens to trade after undergoing a spectacular interior redesign, completed in record time. Zara’s architectural team has devoted its best effort to the refurbish of this prominent store, given its situation in one of the best business premises in Milan. With the new layout, the Men’s department occupies an independent venue, also launched at Corso Vittorio Emanuele II.
Zara increases its brand value by 14% according to Interbrand
Pursuant to the renown ranking annually carried out by brand consultant Interbrand, Zara is ranked at No 73, among the brands with best value worldwide. Zara joined the ranking for the first time last year – at No. 77 – thus becoming the first ever Spanish company among the 100 brands with best value. This year, its brand value has increased by 14% to 4,235 million dollars. This increase is the highest achieved by a fashion retailer on the top 100 list.
Zara the best fashion chain in Hong Kong
Zara has been chosen the best fashion chain in Hong Kong by the readers of Hong Kong Magazine. Zara was awarded this prize for the second straight year, in the Readers’s Choice Awards, created by Hong Kong Magazine, the English-written weekly magazine specialized in leisure issues and current affairs.
Recruitment process begins for the new logistics platform of the Inditex Group in León
The recruitment process for the logistics platform that the Inditex Group is going to set in train in Onzonilla (León) will begin in a few days. Through this process, which will take place over several weeks, near 100 people will gradually join the staff of this logistics centre in a first stage. The total staff will be comprised of some 200 people. In addition to logistics workers, staff for the administration, commercial and human resources areas will also be recruited.
Inditex awarded at the I FUINSA Awards for Clinic Research for its contribution to launch the CNIC
Inditex has been awarded at the I FUINSA Awards for Clinic Research, in the category of Company or Non-Health Entity, as one of the companies that contributed to launch the Centro Nacional de Investigaciones Cardiovasculares (CNIC)(National Cardiovascular Research Centre). Inditex is among the fifteen Spanish companies that are currently part of the Pro CNIC Foundation, an organization that commits to contribute 166 million euros from public funding and approximately 100 million from private hands, which ensure a stable source of funding for CNIC. This Centre, headed by Mr. Valentí Fuster, a renowned cardiologist, was created at the behest of the Spanish Ministry of Health and Consumption with the goal of becoming a leading centre regarding cardiovascular research worldwide.
Stradivarius launches its first store in Ireland
Stradivarius today opened its first store in Ireland and is already present in 15 countries with upwards of 260 stores. The new store opened to trade in Withewater, a shooping area which has just been inaugurated in Newbridge Co Kildare, the largest in Ireland outside Dublin. In addition to Stradivarius, Zara, Pull and Bear and Bershka have also opened a store in this shopping area.
Zara the best fashion chain in the United Arab Emirates
Zara has been chosen the best fashion chain in the United Arab Emirates by the major fashion magazine in the area. Zara achieved this honour at the first Emirates Woman Awards, created by Emirates Woman magazine, the fashion specialized English-written magazine with the largest circulation in the Emirates.
First Zara store in Tunisia
Zara has launched its first store in Tunisia, located at ‘Tunis City’ Shopping Centre, the largest and most state-of-the-art Mall in Northern Africa. With a floor area of 1,600 m², the store is located in a prominent space and will sell women’ s, men’ s and children ’s wear. The expansion of Zara in said country is channelled through an agreement entered into with Tuntex, a local company.
Zara opens its flagship store in Sweden
A new Zara store has opened in Sweden’s Drottninggatan Avenue, one of the best commercial locations in the country. Due to its size and privileged location, this will be Zara’s flagship store in Sweden. It will also be the chain’s largest shop in Scandinavia.
First Zara store in Serbia
Zara today opened in Novi Sad, the second main city in Serbia, its first store in said country. The store is located at ‘Mihla Pupina’, one of the mayor shopping centres in the Northern area of the country. In the upcoming weeks a second Zara outlet will be launched at Knez Mihajlova Avenue, Belgrade. Knez Mihajlova Avenue is the main shopping street of Serbia’s capital. Zara’s expansion in the country will take place further to an agreement entered into with Delta Holding, a local company with experience in retailing and the real estate market, and the operator of international fashion brands in several Eastern Europe countries. With this opening in Novi Sad, the Inditex Group has reached presence in 62 countries.
Massimo Dutti opens its first stores in Thailand and Singapore
First openings in the Asia-Pacific area of a concept of the Group other than Zara
Inditex and Instituto Cervantes enter into an agreement to foster the spreading of the Spanish language
Instituto Cervantes and the Inditex Group have reached an agreement to foster the spreading and learning of the Spanish language among the employees of Inditex worldwide. Mr. Pablo Isla, deputy chairman and C.E.O of the company and Mr. César Antonio Molina, Director of Instituto Cervantes, today subscribed a collaboration agreement in Arteixo (A Coruña) whereby staff of the Inditex Group will be entitled to make use of the Instituto Cervantes schools abroad, or their associated entities, to study Spanish. The employees will thus have access to methods and linguistic tools implemented by the Instituto, such as the Spanish Virtual Classroom(AVE) that provides Internet-based Spanish courses. Likewise, Inditex will recognize the Diploma de Español como Lengua Extranjera (DELE) (Diploma in Spanish as a Foreign Language) granted by Instituto Cervantes when recruiting new staff.
Inditex purchases land for its future logistics centre in León
Today, Inditex and SEPES, Entidad Pública Empresarial de Suelo, have entered into a purchase agreement regarding two plots located at the Industrial Zone of Onzonilla, León, which shall be used for the establishment therein of a new logistics platform. The plots purchased by Inditex cover a total area of 66,000 m² and there is a project to build thereon a 40,000 m² gross area warehouse. The operation of this logistics platform in a site which has been selected for both its geographical location and a suitable network of transport infrastructures, will involve the investment by Inditex of approximately 15 million euros.
Zara opens a landmark store in Elche
Zara has launched a new store in Elche, bringing to an end the restoration works carried out in the building of the former Capitolio Movie Theatre, on Trinquet Street. The store covers upwards of 1,500 m2 devoted to its fashion offer, in a unique environment, that combines the ancient structural and decoration elements with solutions of modern design especially created for the outlet.
Inditex Group: the most admired Spanish company in the world
According to this year’s edition of the “World’s Most Respected Companies” ranking, Inditex’s increasing business reputation has led our group to be the most admired Spanish company in the world. The ranking –carried out by the British daily Financial Times and the US consultant PricewaterhouseCoopers– also reveals the third place achieved by Inditex worldwide among the retailers, after Wal Mart and Tesco, both non specialized retailers. Inditex is therefore, the best valued fashion retailer worldwide.
Pull and Bear and Bershka open their first stores in the Czech market
Bershka will also launch its first store in Poland next week
Pull and Bear and Bershka today begin their expansion in the Czech Republic with the launching of their first stores in Prague. Both outlets will be located at Centrum Chodov shopping centre, where the third Zara store in the country will also open. Inditex operates directly its stores in the Czech Republic, a market it first entered in 2001. With these new openings, the group has five outlets in the Czech capital.
Zara opens an emblematic store in San Francisco
Zara opens today a new store in the city of San Francisco in The United States, where the fashion chain already has 17 stores in cities such us New York, Houston, Miami or Las Vegas. The new store opens at an emblematic location in Union Square, at the 250 Post Street, with a surface of 3.000 m2 divided into in three floors. This new store in San Francisco will be Zara’s second opening of the year in The United States, where it opened a store in Santa Monica last February.
Zara Home launches in Milan its first store in Italy
- The store opens at Assago shopping centre, in Milan, where other concepts of the Group are also present.
- Zara Home expects to open new stores in Italy this year
- This is the fifth concept of the Inditex Group to open in Italy, following Zara, Massimo Dutti, Bershka and Oysho. Inditex operates more than 40 stores in Italy
- Zara Home has also opened its first store in Cyprus this year and is already present in eight international markets
- Zara Home has more than 75 stores and has opened 13 new stores since the beginning of the year
Opening of the first Zara store in Costa Rica
Zara has opened its first store in Costa Rica. The store is located in San José, at the ‘Multiplaza Escazú shopping centre. Further to this launching, Inditex reaches presence in 57 countries in Europe, the Americas, Asia, the Middle East and the north of Africa.
Third Zara store in Sweden
Zara today opens a new store in Stockholm located in Täby Centrum, one of the largest shopping centres in the country. This is the first launching of the year of the Inditex Group in Sweden and represents the third Zara store in this country. The first one opened in Stockholm in September 2003 and this new outlet becomes the second point of sale in the capital. Massimo Dutti, which already has three outlets in Sweden, was the first of the concepts of the Group to enter this market, back in 1994.
Bershka arrives at Kalverstraat, the most famous shopping street in Amsterdam
Fashion retailer Bershka today launches a new store in The Netherlands, located in Kaverstraat- the ultimate shopping street in Amsterdam – where Zara is also present. The new store is the second outlet opened by Bershka in Amsterdam and the fourth in the country, where the concept is also present in The Hague and Maastrich. With a large façade, the store is divided in three selling floors offering the collections for girls and boys. It has more than 700 m², making it one of the largest stores of the concept. Inditex has been present in The Netherlands for six years and its current number of outlets amounts to twelve of the Zara, Massimo Dutti, Bershka and Zara Home concepts.
Massimo Dutti today opens two ‘flagship stores’ in Hamburg and Athens
Massimo Dutti today opens to trade two flagship stores in Hamburg and Athens, where the concept is already present with four and five outlets, respectively. The new stores are located in key locations of the major shopping streets of these cities.
Bershka takes another step in its international expansion
Since the beginning of FY05, Bershka has launched its first stores in Ireland, Malta and Saudi Arabia, and is currently present in 17 countries, with 313 stores. The last of these openings took place in Malta, where the Inditex Group was already present with one Zara and four Pull and Bear stores. Bershka has also launched two stores in Saudi Arabia in the past few days: one in Dhahran and the other one in Jeddah. Inditex has a significant presence in this market where 30 outlets are already open. With regard to Ireland –a market first entered by Inditex in 2001- the Group has at present 15 stores, among which three Bershka outlets that were opened this year. During 2005 Bershka is also growing in very relevant European markets, such as France –where it already has 14 stores- or the United Kingdom –with a new flagship store recently opened in London-.
New openings in Saudi Arabia
Bershka has launched its first store in Saudi Arabia in the city of Dhahran. The outlet is located in Dhahran Shopping City, where Zara has just opened a new store too. Massimo Dutti, Stradivarius and Oysho are also expected to open there shortly. With the openings of Zara and Bershka in Dhahran, the INDITEX Group is present in Saudi Arabia with 30 outlets.
Bershka opens in Oxford Street its first store in London
Bershka today opened for business at 221 Oxford St., the main shopping area in London, its first store in the capital of the United Kingdom. The store, which will be its flagship in the British market, covers an area of approximately 1,000 m2 on three floors. This launching represents the number 305 of the Bershka outlets worldwide, and it falls within the growth strategy of the format in the major European markets. Bershka is already present in France, Italy, Belgium, Switzerland and the Netherlands, among other European countries.
Amancio Ortega is the best valued entrepreneur in Spain for the third straight year. Inditex is the second Spanish company with better reputation
Inditex is the second Spanish company with better reputation – and the first of listed companies- and Amancio Ortega is rated first among the best valued entrepreneurs for the third straight year, according to the Spanish Monitor of Corporate Reputation Survey (Monitor Español de la Reputación Corporativa – MERCO), which reached the fifth edition in 2005. Inditex has always made the top 10, and is the second company with better reputation since 2003. The Inditex Group is specially valued for its global business and stands out for the quality of its commercial offer as well as for its sound financial position and profitability.
Inditex, a leader on information transparency
According to a study published by the Comisión Nacional del Mercado de Valores (Spanish Securities Market Commission), Inditex is the company which provides best the information to this regulatory body. The study also ranks the Annual Report and the corporate web site of Inditex among the best. Only five other Spanish companies are ranked among the 10 first on these three subjects.
Santa Monica, in California, welcomes a new Zara
Zara opens today on Third Street Promenade, a prominent shopping area of Santa Monica, a coastal town of California, its first store in metropolitan Los Angeles. This is the second outlet in California, which will be joined next year by a third establishment to be opened in downtown San Francisco.
Inditex entered eight new markets in 2004
Throughout 2004, ended last January 31st, the Inditex Group expanded its international presence with the opening of stores in eight new markets, to total 56 countries. In Europe, Inditex extended to the Baltic Republics (Estonia, Latvia, Lithuania), Hungary and Romania. In Asia, the Group opened its first store in Hong Kong. In the first months of the year, the first opening of the Group in Africa took place, in Casablanca (Morocco). Finally, last December Panama saw the opening of the first store.
Inditex, the 15th specialist retailer in the world
According to a study completed by Deloitte in conjunction with US magazine Stores (a publication of the National Retail Federation), Inditex is ranked the 15th in the
classification of specialist retailers, behind such companies as Best Buy (US, Electronics), Gap (US, fashion), Ikea (Sweden/furniture) or Toys’R’Us (US, toys). Furthermore, Inditex is the sixth fastest growing specialist retailer.
Inditex is working in a plan to reorganize its management structure to boost its expansion plans
Inditex Board of Directors is working in a reorganization plan to strengthen and adapt the Group’s management structure to its expansion plans, which may double the size of the Group in the next five years. Under this plan Mr. Amancio Ortega and Mr. Jose Mª Castellano will remain as Chairman and Deputy-Chairman of the Group and new corporate managing directions are contemplated.
First Bershka store in Ireland
Bershka opens tomorrow at Mahon Point, a new shopping area in Cork, its first store in Ireland, which will be followed by two new openings in Dublin in March. Inditex is already present in the country with eight stores (Zara and Pull and Bear). With a strong expansion in the European market, Bershka is present in 15 countries with over 300 outlets, a number reached this year. During fiscal 2004, the format has opened 47 new stores, with an importan growth in such countries as France - with eight new stores - or Italy - six stores. In addition to Ireland, Bershak opened in 2004 its first store in the United Kingdom.
Zara, among the most influent brands in the world, according to Interbrand
Zara is placed as the 15th brand "with the most global impact on people’s lives" worlwide, according to the annual ranking of the most influential brands in the world done by the online magazine Brandchannel. This year, the list is headed by US companies Apple and Google and Ikea from Sweden. With regard to the results by area, Zara is ranked the eighth European brand with the most impact. Brandchannel is the only online exchange about branding and is produced by the consulting firm Interbrand.
Inditex, among the companies included on the new FTSE ISS Corporate Governance Index
The Inditex Group has been selected to join the FTSE ISS Corporate Governance index. This new index, launched by FTSE Group in collaboration with corporate governance services provider Institutional Shareholder Services (ISS), includes listed companies with good practices on the field of best corporate governance. The FTSE ISS Corporate Governance index allows investors to associate the management of their investment portfolios with best corporate governance practices and assess the economic impact of said practices.
Report of the Fundación Empresa y Sociedad: Inditex, among the Spanish companies best perceived for their community involvement
Inditex is ranked among the ten Spanish companies best rated for their community involvement, according to a report of the Fundación Empresa y Sociedad. Moreover, Inditex, Telefónica and Santander are the most outstanding companies in the field of financing programmes and sponsorship. The survey gathers the opinions of experts from companies, NGOs, universities, business schools and communication media on the dedication of companies’ resources towards projects for social and economic development in support of the least favoured people.
Zara opens in Queen St. W. its third store in Toronto
Tomorrow, fashion retailer Zara opens for trade its third outlet in Toronto, at 347, Queen St. W. The storeis located in one of the most dynamic and cosmopolitan areas in the city, at an axis characterised by the presence of the latest fashion and urban design, modern art and the trendiest leisure venues in Toronto. This is the third Zara store in the capital of Ontario, following the openings at 50, Bloor St. W. and Eaton Centre. Once again, Zara meets its demands regarding stores location, always the best commercial streets in each city.
First Stradivarius store in Morocco
Today, Stradivarius opens its first store in Morocco, at Boulevard Al Massira in Casablanca. It is a two storey store with a sales area of 500 square meters, located in one of the major shopping streets of Casablanca, the business capital of Morocco, and the very same place chosen by Zara to enter the country eight months ago.
Zara opens today in Bucharest its first store in Romania
Zara opens today in Plaza Romania, an exclusive shopping area in Bucharest, its first store in Romania. The Inditex Group has been present in the country since last October, when Pull and Bear launched its first store, also located in Bucharest. With the new openings in Germany, United Kingdom, Sweden or Hungary, the chain is present in 53 countries with more than 700 outlets. So far in the current year, it has opened over 75 new stores, amongst which are the first Zara stores in Hong Kong, the Baltic Republics, Hungary and Morocco.
Inditex, Amancio Ortega and José Mª Castellano among the companies and business leaders with a better reputation worldwide
Inditex is one of the Spanish companies with better reputation worldwide and Messrs. Amancio Ortega and José Mª Castellano are among the most respected business leaders. This information is provided by the annual survey on corporate reputation carried out jointly by the British newspaper Financial Times and the US consultant Pricewaterhouse- Coopers.
Zara opens today in the capital of Lithuania
Today, Zara has opened in Vilnius, the capital of Lithuania, the first store of the Inditex Group in the country. Zara is located on a historical building in the center of Gedimino Avenue, the business area of the capital. Zara is also present in the other two Baltic Republics, Estonia and Latvia, since last August. The new store in Lithuania is the largest Zara in the Baltic countries, with a sales area of over 2,000 m². Inditex enters these markets through an agreement with Apranga, the largest fashion retailer in Lithuania.
Zara opens a new store in Sweden
Zara has just opened a new store in Sweden, in Malmö, the most important city in the country apart from the capital. Malmö, located in the southernmost of the Scandinavian peninsula, in the strait dividing the country and Denmark, is the major commercial enclave in southern Sweeden and the way to enter the country from the European continent. The new store is located in downtown Mälmo, in Sodergatan street, one of the busiest in the city. Zara opened its first outlet in Sweden in September 2003 in Stockholm. Massimo Dutti is also present in the country with two stores.
Inditex, among the most socially responsible compamies in the world, according to FTSE Group
The FTSE Policy Committee has announced that Inditex will remain a constituent in the last review of its FTSE4Good indexes, one of the most renowned index providers measuring socially responsible investment. In an index made up of 899 companies worldwide, Inditex is one of the seven Spanish companies included in FTSE4Good for its performance in the corporate responsibility area.
Zara opens three flagship stores in New York, Milan and Tokyo
Fashion retailer Zara has opened in the past few days three new flagship stores on the most prominent shopping areas of New York, Milan and Tokyo, the major fashion capitals in the world.
Zara Home opens its first store in Mexico
Zara Home has just launched in Mexico D.F. its first store in the country, at Perisur Shopping Center, where Inditex is already present with several of its formats. This opening in Mexico is the fourth of the homeware chain outside Spain, following Portugal, Greece and United Kingdom. As at today, Zara Home has 45 points of sale.
Inditex withdraws from its offer all products made with fur
In reply to the concern of a large number of its clients from around the world regarding the use of fur in garments, Inditex has decided to eliminate these products from its offer all over the world.
Dow Jones keeps Inditex in its Sustainability indexes for the third year in a row
Inditex mantains for the third year running its membership in the Dow Jones Sustainability Indexes (DJSI World and DJSI STOXX) after the last review carried out in September, 2004.
Houston joins the ranks of US cities that host a Zara store
The new Zara store in Houston, located in Galleria Mall, is the first in this American city. With this opening, Zara reaches a total of fourteen stores in the United States.
Amancio Ortega, honorary ambassador of the “Spain Brand”
The Foro de Marcas Renombradas Españolas (FMRE) (Forum of Renowned Spanish Brands) has named Amancio Ortega, Chairman and Founder of Inditex, as honorary ambassador of the “Spain Brand”, acknowledging the international renown of his business management.
Inditex, amongst the 50 most operative European companies
Inditex is amongst the 50 most operative European companies, according to the “Best European Performers” ranking generated annually by US magazine Business Week. Inditex is ranked 38 in this list measuring profitability and operative market approach of major European companies.
José María Castellano explains Inditex's business model in the framework of the 20th World Apparel Convention
The International Apparel Federation (IAF) opened yesterday in Barcelona the Twentieth World Apparel Convention. In these days, retail industrialists and prominent figures explain the development of the apparel industry, and the challenges the sector will face in the next years. In this framework, Mr. José Maria Castellano Ríos, Deputy Chairman and C.E.O of Inditex, one of the largest fashion retailers in the world, addressed the Convention to explain the keys to Inditex’s business model
A study by Governance Metrics International rates Inditex as Spain's best company for good governance
Inditex is the best rated Spanish company for good governance and the only member of the Ibex35 index above the world average rating, according to the last report from the specialized consultant Governance Metrics International (GMI). GMI issued a score of seven point five to Inditex, which places it above the world average – which is 6.3 – and ahead of the Spanish average rate of 4.6. In this respect, Inditex is on the par with the Canadian companies, currently leading the international ranking of good governance
Zara opens in the center of Cassablanca the first store of the Inditex Group in Morocco
Zara has opened today in Boulevard Al Massira, Casablanca, the first store of the Inditex Group in Morocco. The outlet is located in a newly built three-storey building, covering over 2,500 m², crowned by a glass dome with an “open sky” effect. Boulevard Al Massira is one of the most important commercial arteries in Casablanca, the economic capital of Morocco, a cosmopolitan, open city, deeply interested in fashion and trends.
Inditex's Sustainability Report shows the best conformance to GRI guidelines, among Spain's big corporations
Inditex stands out over the rest of Spain’s big corporations for the conformance of its sustainability report to the indicators proposed by Global Report Initiative (GRI). This is the main conclusion emerging from the Study “Analysis of the use of criteria contained in the GRI guidelines by Spain’s big corporations”, carried out by professors José Moneva and Ingrid Lameda, from the Accounting and Finance Department of the University of Zaragoza.
Amancio Ortega is the best valued entrepeneur and Inditex the second Spanish company with better reputation
Inditex is the second Spanish company with better reputation and Amancio Ortega is rated first among the best valued entrepreneurs, according to the 2004 Spanish Monitor of Corporate Reputation Survey. (Monitor Español de la Reputación Corporativa – MERCO). The MERCO index, now in its fourth edition, establishes a list of the top100 Spanish companies with better reputation. Inditex has always made the top 10, with a better ranking each year. In 2004 Inditex repeats the second position in the ranking and improves yet again its global scores. Eight of the ten best rated companies are included in IBEX 35, being Inditex the first among them, above Telefónica, Repsol YPF, BBVA or Grupo Santander.
Inditex opened a store a day in 2003
Inditex totalled as at 31 January 2004 1,922 sales points in 48 countries, 364 more than the previous year: a new store is opened every day. Zara is the format with more openings, with 95 new stores as at the end of fiscal year, to reach a total number of 626 stores in 46 countries. 89% of the new openings of the group during 2003 took place in Europe, where Inditex concentrates its activity and where it will continue to grow over the upcoming years, especially in such countries as Italy, United Kingdom, France or Germany. Last year, some stores were opened outside Europe, too: 37 in America and 6 both in the Middle East and in Asia Pacific. Moreover, the Group has entered into four new countries where it was not yet present: Russia, Malaysia, Slovenia and Slovakia.
Inditex, one of the best European companies as regards the knowledge management, according to 2003 MAKE study
The 2003 Most Admired Knowledge Enterprises (MAKE) Study awards Inditex as one of most outstanding European companies due to its capacity to foster the knowledge management in order to progress in the product innovation and development areas, improve the operative effectiveness, and maximize the excellence of its products and services. Only 17 companies – and among them Inditex – have been included in the European 2003 MAKE. The choice has been made by a panel formed by experts of the 166 mayor European companies included in Fortune Global 500, along with other independent authorities regarding the knowledge management. MAKE recognizes in the Inditex Group “its capacity to transform the knowledge management in a value for the shareholder”.
Visit of the President of Uruguay to Inditex
Jorge Luis Batlle Ibáñez, President of the Oriental Republic of Uruguay, in the company of the First Lady, Mercedes Menafra, and of prominent members of his government – amongst whom were the Ministers of Foreign Affairs, Industry, Transports and President's Office – has visited today Inditex headquarters. The chairman of the Company, Amancio Ortega Gaona, and the Deputy Chairman and CEO, José Mª Castellano Ríos, have guided the visit of the Uruguayan Head of State, around different areas of the main offices and Commercial and Design Departments of the Zara concept.
Inditex is the most admired Spanish company in the world
Inditex is the Spanish company with the greatest international recognition, according to the results published in a survey conducted by the American Consulting Company Pricewaterhouse-Coopers and British economic daily newspaper Financial Times. Inditex is the only Spanish company appearing on the list of the 100 most admired companies in the world, in the 68th position. The ranking is led by General Electric, Microsoft and Toyota. Among the 50 most respected company managers in the world – and sole Spanish executive on the list – is the Deputy Chairman and CEO of Inditex, José Mª Castellano, who is placed in the 36th position.
Massimo Dutti opens in London's heart its greatest store
The fashion format of the Inditex group Massimo Dutti has opened in London its greatest store in the world. The new megastore occupies three floors of a building placed in downtown Regent Street, which has more than 2,000 square meters of business area. In addition to the Women and Men's collection, it also includes Dutti Boys, the boy collection that this format has recently introduced in some of its stores.
Zara Home opens its first store in the UK
Zara Home has opened in Brompton Road, one of the main streets of London's city center, its first store in the UK. The shop is placed in front of Harrods, the department store of the British capital. The store offers a wide range of fashion products for the bed, table and bathroom, as well as household and decoration items.
Inditex receives Queen Christina of Sweden Award
The Crown Princess of Sweden and Crown Prince of Spain have presided today at the Swedish Embassy in Madrid, an event organized by the Swedish-Spanish Chamber of Commerce in order to give Inditex and H&M the Queen Christina of Sweden Award.
Inditex has been awarded the Codespa Prize for the Supportive Company
Spains’s crown Prince, Felipe of Bourbon, has presented today to Inditex, the VII Codespa Award for the Supportive Company, in recognition of the social responsibility programmes that the company is setting up. The Codespa Foundation, launched by businessmen and University teachers in 1985, is an organization devoted to the cooperation and development of the least favoured countries.
First Zara store in Washington D.C.
Zara has opened its first establishment in the capital of the USA, expanding its presence in this country in which there were already stores in New York, Miami and Orlando. The store is located at 1234/1244 Wisconsin Av, in Georgetown.
Pull and Bear opens in Bratislava the first store of the Inditex Group in Slovakia.
Pull and Bear has opened in Bratislava, the capital of Slovakia, the first store of the chain as well as of the Inditex group in this country.
Inditex has been awarded Ethics in Bussiness price.
Inditex has been awarded today by the President of the Spanish government, José Mª Aznar, Ethics in Business price during an event hold in Madrid.
Zara opens its first store in Ljubljana- Slovenia
The first Zara store in Slovenia opens today to the public in the city of Ljubljana. The new shop, with a surface of 1.200 m2, is located on the corner of Cankarjeva and Slovenska Streets, a central location of the Solevian capital.
First stores of the new chain Zara Home
The first stores of the new chain of the Inditex Group dedicated to house lingerie, Zara Home, have opened their doors to the public in several Spanish cities. Inditex plans to open between 15 and 20 establishments of its eighth chain during this year.
Inditex has a 270 position among the world's 1000 most valuable companies
Inditex is at the 270th position worldwide according to the "Global 1000" market value ranking made by the American magazine BusinessWeek.
Inditex publishes its first Sustainability Report
Inditex has released its Annual Report 2002, which this year has been published simultaneously to the first Sustainability Report done by the group. This Sustainability Report includes sections related to the economical, social and environmental dimensions of the group's activity, along with the corporate governance report, and it has been done according to the Global Reporting Initiative.
Inditex, included in the Wired's innovation ranking
Inditex is at the 19th position in the list that the American magazine “Wired” makes each year about the companies, which have had a bigger development in innovation, technology and strategic vision. Google, Nokia, Yahoo!, IBM, Microsoft, Vodafone or Cisco Systems were also included along with Inditex.
Inditex increases its presence in Asia with new openings in Japan and Singapore
Zara fashion chain has opened two new stores in Tokyo during the last days, reaching a total amount of eight stores in Japan. The new stores are located in two of the main Tokyo comercial areas, Ginza and Roppongi. Also, a second Zara store has been opened yesterday in Singapore, a 2,000 square meters megastore in Liat Towers.
Zara has opened today its third store in Berlin at Potsdamer Platz
A new Zara store has opened today at Potsdamer Platz in Berlin. Potsdamer Platz, the financial centre of the city, reaches its international prestige on the 20's since the hotels, restaurants and night clubs located here concentrated the social life of the main characters of that time. After being destroyed during World War II, Potsdamer Platz has recovered its social, cultural and commercial influence on the reunified Berlin. This area, where the line dividing the two Germanies was located, has become an icon of the modern-days with buildings designed by architects such as Arata Isozaki, Rafael Moneo, Richard Rogers or Renzo Piano.
Inditex joins FTSE4Good
The FTSE Group, an independent company whose sole business is the making of some of the most relevant stock indices worldwide, has decided to include Inditex in the FTSE4Good in its last review.
I is the new fragrance for men of Zara
A new fragrance for the contemporary men has hit Zara stores today. The fragrance's name is I, and I am as I am is the summary of its concept: a man who accepts himself, his contradictions included, who is sophisticated and straightforward at the same time, and who is in search of the latest trends without giving up comfort.
Zara: International Retailer of the Year
Retail Week, a British magazine specialized in the distribution sector, has proclaimed Zara as the "International Retailer of the Year" in the Retail Week Awards 2003.
Zara opens its first outlet in Russia
The first Zara outlet in Russia is being opened to the public today. The store of about 1,500 m2 is located in Mega Mall, the country's biggest shopping centre.
Inditex employees follow a course on environmental awareness
In accordance with the Inditex environmental policy, our Central Services' employees are following a course in order to raise their environmental awareness. The Inditex Management team, by implementing this measure, is trying to spread its content and application amongst their employees and to fulfil its commitment to respect it.
Zara launches its new Gift Card
---Available in Spain, Portugal, France, Germany, Austria and Mexico---
Zara is launching its new Gift Card today. A new product specially designed to make purchases easier to our customers.
Zara and Massimo Dutti open outlets in Place du Mollard, in the heart of Geneva
Zara and Massimo Dutti have today opened their first stores in Switzerland, in the city of Geneva. Both stores are located in Place du Molard, in the heart of the city's busiest shopping area.
Pull and Bear launches the Xdye Magazine
From today onwards the Xdye Magazine will be available in all Pull and Bear stores worldwide. Xdye is born to be a magazine for a young readership, speaking in terms of attitude rather than of age. With the aim that it will work as a spreading showcase, the main body of each issue will be formed by a number of people, who stand out in different cultural aspects. Along with fashion editorials, ideas on style or bazaars with the latest products, the Xdye Magazine highlights different cultural and leisure sections of interest for its readership.
Inditex first anniversary in the Stock Exchange
It's the first anniversary since Inditex went public. On the 23rd of May 2001, after an IPO in which its accrued demand of shares was surpassed 26 times, Inditex started its flotation in the Spanish Stock Exchange Market. On the 2nd of July, after the Sociedad de Bolsas (stockbroker company) assessed the liquidity, capitalization and trading quality, Inditex entered the IBEX-35. In September, it was included in the selective index Eurostoxx 600.
Zara opens its first store in Italy in the centre of Milan
Milan, 9 April 2002.- The Zara fashion chain, from the Inditex Group, opens its first store in Italy tomorrow in Milan. The new store is located in Corso Vittorio Emanuele II, 11 in the main shopping area of the Italian fashion capital. The megastore measures nearly 2,500 m2, distributed over four floors, and will contain sections for women, men and children. The Milan store is located in the heart of the historical quarter of the city, adjacent to the Duomo, the most representative cathedral of Italian Gothicism and a true symbol of the city. A new Oysho store, the lingerie chain of the Inditex Group, will also open within the same space but respecting its independence and own identity.
Zara opens a megastore in Berlin
The second Zara store in the German capital has opened in Kurfürstendamm, 236, in the building known as the Marmorhaus, one of the most emblematic properties in Berlin. This central street, referred to by the Berliners as 'Kudam', has been the cultural and commercial epicentre of Germany since the first few decades of the XXth century.
Inditex, member of the Global Compact promoted by United Nations
Inditex is the first Spanish company to be a member of The Global Compact promoted by Kofi Annan, Secretary-General of United Nations. The Global Compact groups together companies, international trade unions, non governmental organizations, United Nations organizations and other institutions which have adopted nine general principles in the fields of human rights, labour legislation and environmental legislation, in order to create a fairer world.
New tagging system at Zara
The traditional tagging system at Zara, which included the prices of all the countries where the brand is present and where each one was identified by its respective flag, has been changed to a new system since last August.
Oysho opens its first 10 stores in Spain and Portugal
Inditex opens the first ten stores of its Oysho chain, devoted to lingerie, underwear, swimwear, nightwear and clothing for urban sports, hosiery, homewear, accessories and cosmetics.for men and women. These first stores are located in five Spanish cities (Barcelona, Valencia -two stores-, A Coruña, Santiago de Compostela and Fuengirola) and four Portuguese locations (Braga, Faro, Guia and Funchal).
Zara opens its first stores in Berlin and Bonn
INDITEX has inaugurated the first stores of its ZARA chain in Berlin and Bonn, which means that it now has ten stores in Germany. The store is located in the most important shopping area in the German capital, in Tauentzienstrasse, next to the emblematic Kurfürstendamm.
First stores for Inditex in Luxemburg
The fashion chains ZARA and Massimo Dutti have just opened their first establishments in Luxemburg. With these openings, INDITEX is now present in 18 countries in Europe and has reached a total figure of 34 countries worldwide.
Inditex enters the Ibex-35
The "Sociedad de Bolsas" (the Spanish stock markets' organisation) decided on 12 June to include Inditex in the Ibex-35 after the ordinary revision done by the advisory committee of this selective index.
Inditex opens the first five Bershka stores in Venezuela
The international expansion of our fashion chain Bershka continues with the opening of its first five stores in Venezuela. Isla Margarita and Caracas were the locations chosen for the first openings, and will be followed by another two in Valencia and one more in Caracas.
Inditex's Stock Exchange debut takes place
Inditex's debut on the stock exchanges of Madrid, Barcelona , Bilbao and Valencia, and on the continuous market, took place on 23 May 2001, after concluding its IPO. The accumulated demand reached 9 trillion pesetas [Ptas 9,000,000,000,000], which represents 26 times the initial offering of the company for the joint total of the tranches. Investors have demonstrated great interest in the Initial Public Offering of Inditex, both in the retail tranche and in the Spanish and international institutional tranche.
Interview with Mr. José María Castellano
You can watch, in video format, an interview with José María Castellano, on the day of the Inditex Group's Stock Exchange debut.
First outlet for Zara in the Netherlands and Bershka in Greece
Inditex has opened its first outlet of the Zara chain in the Netherlands and the first Bershka store in Greece. Amsterdam and Athens are the cities chosen for the opening of these new markets. In this way, Zara has extended its presence around the world to 30 countries with close to 500 stores, while Bershka already has more than 100 outlets distributed around Spain, Portugal, Mexico, Cyprus and Greece.