Inditex is a fashion conglomerate that retails several clothing brands. Zara is its flagship brand that includes Zara Home, generating over 69% of the company's revenue and around 72% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through over 7,000 stores globally, over 2,000 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 15% and 20%, respectively. The company keeps design in-house while mostly outsourcing manufacturing (its own manufacturing comprises only a low-single-digit percentage of output). Around 60% of manufacturing is done in proximity to the company's headquarters in Spain, and then 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 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.
Pull & Bear Italia S.R.L. owns and operates men's, women's, and children's apparel and accessories stores.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.