Inditex remains optimistic about its US expansion despite tariff challenges, CEO Oscar Garcia Maceiras. The Zara owner, which has 97 Zara stores and one Massimo Dutti outlet in the US, sees continued growth in its second-largest market.
Inditex's Americas sales share fell to 18.6 per cent in 2024, while Europe and Spain gained ground. Garcia Maceiras emphasized the company’s ability to adapt, sourcing from 50 countries to mitigate tariff risks.
While US Zara prices have risen dresses up 22 per cent to $86.44 and tops up 8 per cent to $63.60 Garcia Maceiras assured stable pricing ahead. The shifting trade landscape, with potential tariff hikes under Donald Trump, adds uncertainty.
Despite a slow start to first-quarter sales, Inditex remains committed to long-term growth, with CEO Oscar Garcia Maceiras emphasizing the company’s ability to navigate market volatility through its business model and strategic approach in the US market.
