Leading fashion companies from Spain 2021-2023, by sales value
In 2023, Inditex sales amounted to approximately 35.95 billion euros, representing a notably higher sales value than any other leading Spanish fashion retailer. As the home of Zara and Pull&Bear, Inditex is also the parent company of two of the 10 leading apparel brands worldwide. Puig ranked second on the list, followed by Mango.
Inditex’s successful brands
Inditex owned five of the seven most valuable Spanish fashion brands in 2024. Zara has been the company’s strongest brand worldwide since 2013, but other brands are growing significantly in terms of net sales. Zara is known for selling clothing, accessories, beauty products, and perfumes. As a fast-fashion retail brand, it is competitive with the likes of H&M and Primark.
Fierce competition in fast fashion
H&M and Zara have been competing for the global fast fashion crown since 2010. In 2022, Zara began to take the lead in a global brand value comparison. Within Spain, Inditex, H&M, and Primark made up the majority of fashion sales in 2022, a trend that can only be expected to continue based on Inditex’s sales value and status as a global and domestic leader.
