Pause operations: company temporarily curtailing operations while keeping return options open

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Industria de Diseño Textil, S.A. is a Spanish multinational clothing company, the biggest fast fashion group in the world, operates over 7,200 stores in 93 markets worldwide. Owner of brands: Zara, Massimo Dutti, Bershka, Oysho, Pull & Bear, Stradivarius

Pause operations: company temporarily curtailing operations while keeping return options open

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Top 100 largest companies in Russia by revenue

Top 100
Revenue in RF, mln.USD
1528
Shops
547
Staff
9000
Capital, mln.USD
394
Glob.Revenue, mln.USD
29301
Assets, mln.USD
391

Localized production of home textiles for the Zara Home chain.

The Company Statement
October 31, 2022

According to press reports, the company is temporarily closing its stores and suspending sales. Inditex, which halted sales in Russia back in March after the invasion of Ukraine, is selling its 500-plus Russian stores to the United Arab Emirates-based Daher Group.

December 26, 2022Zara Parent Sells Russian Real Estate; Van Crashes Into Chanel, Again
March 15, 2022Russia’s Wildberries selling Zara clothes online despite Inditex halting operations
August 14, 2022Zara Owner’s Profit Jumps as Price Increases Outpace Costs
April 22, 2022Inditex to resume operations in Russia ‘as soon as possible’
March 05, 2022The owner of Zara, Bershka, Massimo Dutti has suspended work in Russia
April 05, 2022Zara owner Inditex ceases trading in Russia ‘temporarily’
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