Goodbye Inditex? Spanish group closed more than 100 stores of these brands that are very present in Portugal

Homem a encerrar uma loja.

The restructuring of the store network of Inditex, owner of Zara, marks a new phase in fashion retail, centered on digitalization, sustainability and redefining the role of physical stores in an increasingly competitive market.

In the first quarter of 2025, corresponding to the period between February 1st and April 30th, the Spanish group recorded a net closure of 136 stores worldwide, ending the period with 5,562 commercial spaces, according to the official results released by the company itself in the quarterly report, cited by the Spanish newspaper El Cronista.

This adjustment results from the difference between openings and closings and is part of an optimization plan that the company has been implementing in recent years, with the aim of concentrating operations in larger, more technologically advanced stores and with greater integration with the online channel, as detailed in the same official document.

The transformation plan: less dispersion, more efficiency

According to information published in specialized economic media, Zara was the brand with the greatest impact in this restructuring, with 52 fewer stores in net terms compared to the same period last year, forming part of a broader process of rationalizing the group’s commercial network.

In the same balance by brands, Oysho registered 34 fewer stores, Zara Home 21 fewer, Massimo Dutti 20 fewer, Stradivarius 10 fewer and Bershka 1 less, while Pull&Bear was the only chain to grow, with two net openings.

The company has publicly highlighted that this strategy aims to consolidate a more efficient and sustainable commercial network, reinforcing larger spaces and better logistical capacity, while reducing locations considered less suited to the current model, the source cited above also states.

New generation stores and digital integration

In parallel with the closures, Inditex maintains a selective expansion and modernization plan, predicting an increase in gross commercial area for 2026, a sign that the objective is not to abandon physical retail, but to redefine its format.

Among the highlights are new generation stores, larger in size, with a strong technological component and services integrated into the mobile application, such as the possibility of booking fitting rooms through the app and receiving notifications when they are available, resources presented in official communications about new store concepts.

In this model, the physical store stops being just a point of sale and starts to function as an extension of the online channel, allowing quick collections, simplified returns and greater efficiency in stock management, in a context in which competition from digital platforms has raised the level of consumer demand, according to the same source.

Financial results and shareholder remuneration

In the first quarter of 2025, Inditex achieved sales of 8,274 million euros and a net profit of 1,305 million euros, according to official figures presented by the company, which indicate continued solid performance despite the network adjustment.

In the 2024 fiscal year as a whole, ending on January 31, 2025, the group reported a record year in sales and results, reinforcing the idea that growth can occur even with fewer stores, as long as they are larger and more efficient.

In line with these results, the board of directors proposed a total dividend of 1.68 euros per share for the 2024 fiscal year, to be paid in two installments of 0.84 euros, with dates indicated for May 2 and November 3, 2025, according to the .

Inditex presence in Portugal

Portugal occupies a relevant place in the group’s history, having been identified as Zara’s first international market, with the opening of a store on Rua de Santa Catarina, in Porto, in the 1980s, according to the current affairs newspaper ECO.

According to the annual report for the 2024 financial year, Inditex ended January 31, 2025 with 270 stores in Portugal, distributed across several of the group’s brands, including 67 Zara, 44 Pull&Bear, 33 Massimo Dutti, 40 Bershka, 41 Stradivarius, 21 Oysho and 24 Zara Home.

However, the official quarterly reports do not present a list broken down by country regarding the 136 net closures recorded in the first quarter of 2025, which prevents formally confirming that part of that number corresponds to stores in Portugal, and it is only possible to state, based on public information made available by Inditex, that the Portuguese market has also been going through a network adjustment process.

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