The company aims to build on recent commercial growth through various initiatives, including continuous optimization of stores to improve productivity. The annual gross space is expected to grow around 5 percent in 2025-2026, with a positive contribution of physical stores and strong online sales.
Inditex awaits an annual gross growth of 5 percent in 2025-26, investing € 1.8 billion ($ 1.96 billion) in optimization of stores, technology and online platforms. In 2024, sales increased 7.5 percent to € 38.6 billion ($ 42.07 billion), with online sales up to 12 percent. Zara led with € 27.8 billion ($ 30.30 billion). Sustainability efforts saw 73 percent of lower impact fibers used, pointing to 100 percent by 2030.
The company's logistics expansion plan, assigning € 900 million per year in 2024 and 2025, remains on its way to improving logistics capacities and supporting global growth opportunities, Inditex said in a press release.
The Zaragoza II distribution center for Zara is scheduled to begin operations in the summer of 2025. Investments will adhere to high standards of sustainability and incorporate advanced technology. Inditex anticipates an impact on the currency of -1 percent on sales in 2025 and awaits a stable gross margin within a range of basic points +/- 50.
Financial performance in 2024
Inditex experienced strong sales growth in 2024 as total sales increased by 7.5 percent year (year -on -year) to € 38.6 billion (~ $ 42.07 billion), demonstrating robust performance in physical stores and online platforms. Sales in constant currency increased by 10.5 percent, with all the concepts that reported positive results. Store sales grew by 5.9 percent, driven by greater footprint and greater productivity.
Inditex's gross gain increased by 7.6 percent to € 22.3 billion, with the gross margin that reaches 57.8 percent (+8 bp). Including all lease charges, operating expenses grew 126 basic points below sales growth. Ebitda increased by 8.9 percent to € 10.7 billion, while EBIT increased by 11.0 percent to € 7.6 billion. Net income by 2024 reached € 5.9 billion, marking an increase of 9.0 percent of Yoy.
The company's online sales saw a strong growth of 12.0 percent year -on -year, reaching € 10.2 billion. The client participation remained high, with active users of applications that reached 218 million. Online visits in the 2024 financial year increased by 10.0 percent, by a total of 8.1 billion.
As for the brand, Zara, including Zara Home, led with € 27.8 billion (~ $ 30.30 billion) in sales, 6.6 percent more. Stradivarius registered the greatest growth with 14.1 percent, reaching € 2.7 billion. Bershka and Oysho saw an increase of 11.8 percent, with sales of € 2.9 billion and € 831 million, respectively. Pull & Bear grew 4.6 percent to € 2.5 billion, while Massimo Dutti coincided with Zara's growth rate with 6.6 percent, reaching € 2.0 billion.
The Optimization and Digitalization program of the current store remained a key factor in this growth. The increase in store sales was achieved despite a 2.3 percent reduction in the number of stores compared to 2023, with expanding commercial space by 2.0 percent. The new gross space in 2024 increased by 5.8 percent.
“The excellent sales and gains figures show the strength of profitable growth of the Inditex group, based on the quality of the commercial offer of all our formats, the efficiency in all operations and constant innovation with which our equipment promotes a business model that continues to show its ambition and strength 50 years after the opening of our first store,” he said Oscar García Maceiras, Executive Director (CEO) Inditex.
Inditex opened stores in 47 markets in 2024. During the year, the group opened its first stores in Uzbekistan and remained very active in store optimization activities (257 openings, 254 restorations that include 121 extensions and 386 absorptions). At the end of FY2024, Inditex operated 5,563 stores.
During the period between February 1 and March 10, 2025, the company's spring/summer collections have been well received, with store sales and online (adjusted for the effect of the leap year) increasing 4 percent, compared to the same period in 2024. Sales in the last commercial week increased by 7 percent in constant currency.
Fiber2Fashion News Desk (SG)
