Inditex: the Spanish fashion giant
The Spanish clothing multinational, and owner of brands like Zara and Pull & Bear, generated more than 27.7 billion euros in 2021. This represents a notably higher turnover than other leading fashion retailers of the Mediterranean country, such as Mango or Tendam (Cortefiel). In fact, the fashion enterprise was positioned second on the leading apparel and accessories retailers in the world based on its sales, only outranked by the American TJX.
Inditex, H&M and Primark: leaders in fashion retailing in Spain
Inditex held a marketshare of over 67 percent in terms of main clothing brands in Spain in 2015. The Dublin-based clothing company Primark ranked second, with a market share of 14.2 percent. In recent years, the leading clothing retailers Inditex, H&M, and Primark increased their market share significantly in the peninsular country, holding 39 percent of the total fashion sales in Spain in 2019.