Inditex surpasses 100 billion euro stock market value | RetailDetail

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

Another six cash register-free Amazon Go stores planned


Er komen na de opening van de eerste Amazon Go-winkel vorige maand nog minstens zes van de hoogtechnologische en kassaloze winkels gemakswinkels bij. Onder meer Los Angeles en Seattle krijgen nieuwe Amazon Go-winkels.

Belgian CEO leaves Le Pain Quotidien


After seventeen years, Vincent Herbert has decided to step down as Le Pain Quotidien CEO. Jerry Gamez, who has plenty of experience at fastfood chain Burger King and Walmart, will succeed him. acquires Eastern European competitors


Fast food supplier acquired its Bulgarian competitor BGmenu and its Romanian competitor Oliviera in yet another step towards its goal of being the European market leader.

Spar will trial contact-free and cash register-free payments


Retail Partners Colruyt Group – Colruyt Group’s entrepreneurial division – is creating an app for Spar which allows customers to use their smartphones to scan and pay for their own groceries.

Duvel Moortgat adds Italian brewery


Duvel Moortgat increased its minority stake in Italian brewery Birrificio del Ducato to 70 %. The Belgian brewery, known for Vedett, has been part of the brewery near Parma since 2016.

Colruyt removes Nestlé products from its shelves


Colruyt has taken at least 18 Nestlé products from its shelves, because it failed to reach a deal about the pricing. For that reason, the products have been temporarily removed from Colruyt stores.

Back to top