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Inditex, S.A.

Company History

Inditex History: Founding, Growth & Key Milestones

Founded 1985 in Arteixo, Spain

When was Inditex founded?

Inditex was founded in 1985 in Arteixo, Spain by Amancio Ortega and Rosalía Mera, making it 41 years old.

Founded
1985
Founding place
Arteixo, Spain
Founders
Amancio Ortega and Rosalía Mera
Headquarters today
Arteixo, A Coruña, Spain
Milestones documented
12 (1963–2026)
Current CEO
Óscar García Maceiras
Acquisitions
4
YearEvent
1963Business Origins
1975First Zara Store
1985Inditex Formed
1988First Store Outside Spain
2001Public Listing
2001Inditex IPO
2011Pablo Isla Becomes Chairman
2021Óscar García Maceiras becomes CEO
2022Marta Ortega Becomes Chair
2023Exit From Russia
2025~$45.1B (€39.9B) FY2025 Sales
2026H1 2026 Sales Reach ~$22.4B (€19.8B)
Where was Inditex founded?
Inditex was founded in Arteixo, Spain in 1985. wikidata.org
Who founded Inditex?
Inditex was founded by Amancio Ortega and Rosalía Mera.
When did Inditex start?
Inditex was founded in 1985.
How old is Inditex?
Inditex is 41 years old as of 2026.

Founding Story

Amancio Ortega, the son of a railway worker, started as a shop assistant for shirtmakers in A Coruña. In 1963 he and Rosalía Mera set up Confecciones GOA, a small workshop making quilted dressing gowns and lingerie for other retailers. In 1975 they opened the first Zara store in A Coruña to sell their own production directly. Inditex was formed as a holding company in 1985, Zara opened abroad in Porto in 1988, New York in 1989 and Paris in 1990, and the group listed on the Madrid stock exchange in May 2001.

Founders

Amancio Ortega

Amancio Ortega (born 1936 in Busdongo de Arbás, León) is the founder and controlling shareholder of Inditex. After working as a shirtmaker's delivery boy and shop assistant in A Coruña, he co-founded Confecciones GOA in 1963 and opened the first Zara store in 1975. He served as chairman until 2011 and remains the group's largest shareholder through Pontegadea, which also holds a large international real estate portfolio. He is consistently ranked among the world's richest people. Amancio Ortega Gaona was born on March 28, 1936. He is regarded as a pioneer of fast fashion. Amancio Ortega was born in 1936.

Rosalía Mera

Rosalía Mera (1944-2013) co-founded the business with Amancio Ortega, sewing and producing the early dressing gowns and lingerie of Confecciones GOA and helping launch Zara in 1975. After the couple divorced she remained a significant Inditex shareholder and founded the Paideia Galiza Foundation, which supports social inclusion and people with disabilities. Rosalia Mera Goyenechea was born on January 28, 1944 and died on August 15, 2013. She co-founded the Zara chain in 1975 with her then husband, Amancio Ortega. At her death she was the richest woman in Spain. Rosalía Mera was born in 1944.

Key Milestones

1963

Business Origins

Amancio Ortega and Rosalia Mera began the apparel business that later became Inditex.

Source: en.wikipedia.org
1975

First Zara Store

The first Zara store opened in A Coruña, Spain.

Source: en.wikipedia.org
1985

Inditex Formed

Industria de Diseño Textil, S.A. was created as the holding company for the expanding retail group.

Source: en.wikipedia.org
1988

First Store Outside Spain

Zara opened its first international store in Porto, Portugal, followed by New York in 1989 and Paris in 1990.

Source: en.wikipedia.org
2001

Public Listing

Inditex listed on the Madrid stock exchange.

Source: en.wikipedia.org
2001

Inditex IPO

Inditex listed on the Spanish stock exchange in May 2001.

Source: en.wikipedia.org
2011

Pablo Isla Becomes Chairman

Pablo Isla succeeded founder Amancio Ortega as chairman of Inditex in July 2011.

Source: en.wikipedia.org
2021

Óscar García Maceiras becomes CEO

Óscar García Maceiras became CEO of Inditex in 2021. Under his tenure annual sales rose from ~$31.3 billion (€27.7 billion) (FY2021) to ~$45.1 billion (€39.9 billion) (FY2025) and net profit from ~$3.62 billion (€3.2 billion) to ~$7.01 billion (€6.2 billion).

Source: inditex.com
2022

Marta Ortega Becomes Chair

Marta Ortega Pérez became chair, reinforcing founding-family stewardship.

Source: en.wikipedia.org
2023

Exit From Russia

Inditex agreed to sell its Russian business to the UAE-based Daher Group after suspending operations there in 2022.

Source: en.wikipedia.org
2025

~$45.1B (€39.9B) FY2025 Sales

Inditex reported ~$45 billion (€39.864 billion) in FY2025 sales (+3.2%, +7.0% in constant currency) and ~$7.03 billion (€6.220 billion) in net profit (+6.0%).

Source: inditex.com
2026

H1 2026 Sales Reach ~$22.4B (€19.8B)

Interim results on 9 September 2026 showed sales up 7.6% to ~$22.4 billion (€19.8 billion), gross margin of 58.7% and net profit up 6.8% to about $3.39 billion (€3.0 billion).

Source: inditex.com

Major Acquisitions

Massimo Dutti

1991

Inditex bought a stake in Massimo Dutti in 1991 and took full ownership in 1995, adding a higher-priced, more classic menswear brand that later expanded into womenswear.

Stradivarius

1999

Inditex acquired Stradivarius in 1999, adding a young women's fashion brand that sits alongside Bershka and Pull&Bear.

Massimo Dutti

1991

Expand into upscale, classic menswear and womenswear (65% stake acquired in 1991, 100% by 1996).

Stradivarius

1999

Target younger womens fashion market.

Keep researching Inditex

Inditex Company History FAQ

What are the historic milestones in the evolution of Inditex from 1963 to today?

Key milestones include founding Confecciones GOA (1963), first Zara store in A Coruña (1975), creating Inditex holding (1985), first international store in Porto (1988), landmark Madrid IPO (2001), surpassing Gap as world's largest apparel retailer (2008), full global RFID deployment (2016), and Marta Ortega becoming Chair (2022).

When did Zara begin its international expansion outside of Spain?

Zara opened its first international store in Porto, Portugal in 1988, followed by New York City (Lexington Avenue) in 1989 and Paris (Rue de Rivoli) in 1990, proving that its fast-fashion concept resonated across diverse global fashion capitals.

Why was the 2001 Initial Public Offering (IPO) of Inditex historic on the Spanish stock exchange?

Inditex listed on the Madrid stock exchange in May 2001, a large IPO that made Amancio Ortega one of Spain's richest people.

How did Inditex become the world's #1 fashion retailer ahead of Gap and H&M in 2008?

In 2008, Inditex officially overtook American rival Gap Inc. in total annual revenues to become the world's largest clothing retailer, driven by rapid international store openings and agile supply chain logistics.

How did Inditex pioneer global e-commerce with the launch of Zara.com in 2010?

In September 2010, Zara launched its online store in major European markets, expanding e-commerce to the US and Japan in 2011. Inditex uniquely integrated online stock with physical stores, enabling frictionless omni-channel shopping across 200+ territories.

How did Inditex start?

Inditex was founded in 1975 in Arteixo, Spain, by Amancio Ortega and his wife Rosalía Mera. Ortega started as a small dressmaker in the 1960s, selling quilted bathrobes. He brilliantly realized that the traditional fashion industry (which took six months to design and ship clothes) was deeply inefficient. He opened the first Zara store in 1975 to instantly sell cheap copies of current runway trends.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.