Apr 19, 2022. This statistic shows the sales share of the Inditex Group worldwide in 2021, by format. In that year, Zara captured a sales share of about 70.7 percent of total Inditex Group’s sales. Inditex is one of the world’s largest fashion retailers. It is headquartered in Arteixo, in the north of Spain.
In this post
What is the market value of Zara?
In 2021, the Zara brand was valued at approximately 13.2 billion U.S. dollars. In comparison, the brand’s valuation was around 18.4 billion U.S. dollars in 2019.
Who are zaras top competitors?
Some of the most notable competitors include H&M, Uniqlo, Gap, and Old Navy. Apart from Zara, these companies focus on innovation and mass production.
Nike
Nike is the most valuable apparel brand in the world, valued at approximately 32.4 billion U.S. dollars in 2019. ZARA, adidas, and H&M are some of the other most valuable apparel brands worldwide.
Zara accounts for 70% of all sales of the Inditex Group.
Notably, the Zara market share makes up 70% of the group’s total profits. The next brand is Bershka, with an 8.7% share, and Pull & Bear, with 7% of the total sales for 2020.
Is Zara the world’s largest retailer?
Zara was founded in 1975 by Amancio Ortega and today stands at the forefront of fast fashion. The main brand of the Inditex group, Zara is currently the world’s largest apparel retailer and has made Ortega the second wealthiest man in the world.
Why is Zara successful?
The Zara brand strategy
Its core values are found in four simple terms: beauty, clarity, functionality and sustainability. The secret to Zara’s success has largely being driven by its ability to keep up with rapidly changing fashion trends and showcase it in its collections with very little delay.
Who is bigger Zara or H&M?
The H&M brand has established over 4000 stores in several countries globally; A number that’s way bigger than that of Zara. This brand has gotten an edge over its competitors as they’ve been more productive in the US market.
Is Zara better than H&M?
Zara has slightly better quality than H&M. Both brands offer trendy and fashion-forward clothes. Zara tends to be more professional, while H&M is more casual. H&M has a large selection and variety of clothes.
What is Zara’s weakness?
What are some of Zara’s weaknesses? Fast-Fashion: Interestingly, the trend that helped propel Zara to the top is the cause of its most pressing weakness. With the focus on sustainability increasing among customers and policymakers Zara’s weakness is balancing sustainability with fast-fashion.
Is Zara bigger than Adidas?
adidas growing by 11% from 2019 is now worth 14 812 million US dollars and ranks in third. In the overall rank, they are placed as 21st (Nike), 57th (Zara) and 92nd (adidas).
Throughout the pandemic, market share among these fast fashion companies changed, with Shein experiencing the most market share growth. In March 2022, Shein accounted for 40 percent of sales, compared to 32 percent in March 2021 and 18 percent in March 2020.
Who is the biggest clothing company?
Top 10 Largest Apparel Companies in the World 2020
| Rank | Company | Country |
|---|---|---|
| 1 | Christian Dior | France |
| 2 | Nike | US |
| 3 | Inditex | Spain |
| 4 | Adidas | Germany |
How is Zara currently performing?
Zara is recouping its losses as apparel sales rebound. After taking a hit during 2020 due to the coronavirus, the fast-fashion retailer’s revenue has returned to pre-pandemic levels, parent company Inditex reported during its earnings this week.
How many stores does Zara have worldwide in 2022?
As of January 2022, there were over 2,000 Zara stores and over 500 Zara Home stores in operation around the world. Unsurprisingly, Zara was one of the most valuable clothing brands on the planet as of 2021.
How big are Zara stores?
With new stores typically 1,200 square meters in size, the Zara stores sell 10,000 men’s, women’s and children’s apparel models created every year under Ortega’s watchful eye at Inditex at Arteixo-La Coruña.
Who is the number 1 retailer in the world?
Walmart
Based on retail sales generated in the financial year 2020, Walmart was by far the world’s leading retailer with retail revenues reaching over 559 billion U.S. dollars. Many of the world’s leading retailers are American companies.
Who is the number 1 retailer?
Walmart
Top 100 Retailers 2022 List
| Rank | Company | 2021 U.S. retail sales (billions) |
|---|---|---|
| 1 | Walmart | $459.51 |
| 2 | Amazon.com | $217.79 |
| 3 | Costco Wholesale | $140.41 |
| 4 | The Home Depot | $140.06 |
Is Zara owned by H&M?
H&M is the largest international clothing retailer only behind Spain-based Inditex (parent company of Zara). H&M was founded by Erling Persson and its current CEO is Helena Helmersson.
H&M.
| The H&M logo used since 1999 | |
|---|---|
| Trade name | H&M |
| ISIN | SE0000106270 [1] |
| Industry | Retail |
| Predecessor | Hennes Mauritz Widforss |
How does Zara differ from its competitors?
Zara’s strategy is to offer a higher number of available products than its competitors. While most clothing retailers manufacture and offer to the public for sale 2,000 to 4,000 different articles of clothing, Zara’s production has been markedly higher, at over 10,000 pieces produced per year.
What is Zara strategy?
Zara’s generic strategy is cost leadership. The brand holds a competitive advantage in the market by offering products similar to high-end fashion and designer brands’ styles at modest prices.