Sunday Stock: Inditex S.A.

Inditex S.A. (OTCMKTS: IDEXY)

Share Price: 14.05 USD
Market Cap: 154.04B USD

Background: Inditex was founded in 1985 by Amancio Ortega in Spain. Its flagship brand, Zara, launched in 1975 and revolutionized the fashion industry with its “fast fashion” model. It did so by rapidly translating runway trends into affordable, mass-market clothing. Today, Inditex operates eight brands, including Pull&Bear, Massimo Dutti, Bershka, and Oysho, across 96 countries. 

Current News: Inditex closed fiscal year 2025 with record net profit of €6.22 billion, up 6% year-over-year, on revenues of €39.86 billion. Sales in the early weeks of the current fiscal year rose 9%, accelerating from last year’s 7% growth and easing fears about fast fashion demand dying down. In 2026, Zara will open a flagship in San Francisco and revamp its Fifth Avenue store in New York. Zara also has announced a two-year collaboration with former Dior and Maison Margiela designer John Galliano, with the first collection debuting in September 2026. Galliano left Maison Margiela in late 2024, and many assumed he would move to another European luxury brand. Instead, he has gone to one of the world’s largest fast fashion retailers. Galliano will work directly with garments from Zara’s past seasons, recreating them into new seasonal expressions. Industry analysts describe the move as a bid to make space between luxury and ultra-fast fashion players like Shein and Temu. They aim to have Galliano’s authority give Zara the opportunity to command higher prices while maintaining the accessibility of the brand.

Author: Jasmine Fok

Graphics: Tessie Ulman