Inditex surpasses 100 billion euro stock market value

Inditex surpasses 100 billion euro stock market value

Spanish fashion group Inditex (owner of Zara and Massimo Dutti) has surpassed the 100 billion euro milestone on the stock market, an achievement it owes to its 18.1 billion euro turnover and 2.5 billion euro profit.

Only 80 companies worldwide

That 100 billion euro stock value means Inditex is now part of a very elite group of absolutely huge companies, as there are only 80 companies worldwide with that value (or more) - among which only six companies in Europe: newcomer Inditex, AB InBev, Sanofi, Unilever, Bayer and Total.


Inditex' stock market performance is also good news for founder Amancio Ortega, as he is now the world's second richest man, trailing Bill Gates (former Microsoft CEO).

Questions or comments? Please feel free to contact the editors

Albert Heijn pulls plug on AH to go in Germany


Albert Heijn has decided to shut down its German AH convenience stores. According to the supermarket company, the chain does not have enough room to grow in Germany despite having built up its presence in the past five years.

Carrefour continues to lose French market share


Kantar Worldpanel’s new numbers underline the fact that Carrefour CEO Alexandre Bompard is facing a huge challenge. Out of every supermarket chain, his chain suffered the largest market share loss in France last month.

New Metro still struggles in the Netherlands and Belgium


German food retail group Metro says it has created a solid foundation for new growth in its first year since it stepped away from its non-food activities. The Benelux are still worrisome however. 

Tax on meat incoming: will meat become the new tobacco?


Researchers and elected officials all across the world think there will be a meat tax within the next decade, designed to discourage people from eating meat. The rapid growth of meat consumption has disastrous consequences for our climate and health.

AB InBev opens new brewery in China


Brewery AB InBev opened a new brewery in China, which will produce 1.5 tons of beer. It will be the company’s largest Asian brewery and the company’s goal is to take full advantage of the growing Chinese middle-class.

Dr. Oetker acquires Belgian industrial bakery


German Oetker Gruppe, known for its frozen Dr. Oetker pizzas, has acquired Belgian industrial bakery Diversi Foods. The company is a major frozen bread supplier for Belgian and Dutch supermarket chains.

Back to top