Zara Home revenue in Spain 2014-2023
Spain: benchmark for world’s fast fashion
Inditex ranked as the world’s second largest apparel and accessories retailer with a revenue of nearly 32.5 billion U.S. dollars in 2021, just behind the American department store TJX Companies. Despite its increasing sales revenues, the Spanish group saw a sharp decline in its number of stores worldwide over the past three years, ultimately standing at roughly 5.8 thousand stores. In terms of geographical distribution, Spain was the country that was home to most Inditex stores, with an approximate number of 1.2 thousand.
Inditex and its brands
Out of the approximately 5.8 thousand Inditex stores globally, 1.8 thousand were Zara shops, making it the most common establishment of the Spanish clothing company. It will then come as no surprise that almost 73 percent of the total sales of Inditex were generated through the Zara brand in 2022. In Spain, the number of Zara stores was only overtaken by Mango, also one of the most important Spanish fashion retailers worldwide.