Inditex is a Spanish fashion conglomerate founded in 1963, known for its diverse portfolio of clothing brands. The flagship brand, Zara, along with Zara Home, accounts for over 69% of the company's revenue and approximately 72% of its profits. Other notable brands within the Inditex group include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates more than 7,000 stores worldwide, with over 2,000 dedicated to the Zara brand alone. A significant portion of its revenue, 65%, comes from the European market, while the Americas and Asia contribute 15% and 20%, respectively. Inditex maintains in-house design capabilities but primarily outsources manufacturing, with only a small fraction produced internally. About 60% of its manufacturing occurs near its headquarters in Spain, after which the products are shipped globally.
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
Circ
Series B in 2022
Circ is a textile recycling company based in Danville, Virginia, focused on recovering value from discarded clothing and textiles. Established in 2011, Circ employs proprietary technology to transform polycotton waste back into its original raw materials, including petroleum- and plant-based fabrics. The company aims to meet growing consumer demands for sustainability without sacrificing quality, price, or convenience. By using water as a solvent, Circ efficiently recycles various fibers, such as cotton, polyester, and nylon, and produces virgin-equivalent, market-grade dissolving pulp and petroleum monomers. These materials can be sold to manufacturers at competitive prices, promoting a circular economy in the textile industry and supporting sustainable living practices.
Z-Fashion Finland Oy
Acquisition in 2013
Z-Fashion Finland Oy, to the Spanish fashion retailer Inditex. The agreement, whose financial details have not been disclosed, includes the transfer starting the 1st of March of the four Zara shops owned by Stockmann in Helsinki, Vantaa and Turku, as well as their 180 employees.
Zara Finland
Acquisition in 2013
Zara Finland operates Zara stores that offer apparel retail services in Finland.
Massimo Dutti Mexico
Acquisition in 2005
Massimo Dutti Mexico operates apparel retail stores for men, women, and boys.
Zara Polska
Acquisition in 2005
Zara Polska owns and operates apparel stores.
Stradivarius Espana Sa
Acquisition in 1999
Stradivarius Espana SA designs and manufactures women's clothing.
Pull & Bear Italia S.R.L. owns and operates men's, women's, and children's apparel and accessories stores.
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